Serbian citizens can keep funds abroad

NBS liberalized terms under which Serbian citizens can open bank accounts abroad and store foreign currency.

Izvor: Beta

Thursday, 15.02.2007.

11:51

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Serbian citizens can keep funds abroad

With the permission of NBS, citizens could open a bank account abroad so as to pay for accommodation and health care services, as well as to gain settlements following judicial verdicts.

Business entities are also allowed to open bank accounts abroad after obtaining the NBS’s consent.

According to the NBS, companies can store foreign currency abroad to make investments, finance the company’s branch, put down guaranteed deposits and run certain credit transactions with foreign countries.

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