Regulatory Alerts2005-01-01
Decision Repealing the Decision on Compensation for Commercial Banks for Withdrawal of Convertible Mark Banknotes
The Governing Board of the Central Bank of Bosnia and Herzegovina issued this decision on March 3, 2005, to formally repeal the previous regulation establishing compensation for commercial banks handling the withdrawal of convertible mark banknotes. The decision mandates that the Central Bank will continue to accept worn and damaged convertible mark banknotes from commercial banks for withdrawal from circulation without providing any compensation. This repeal takes effect immediately upon publication in the Official Gazette of Bosnia and Herzegovina and related entity publications.
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