Regulatory Alerts2023-01-01
Decision on the Method of Conducting Transactions to Increase and Decrease Funds in the EUR Reserve Account
The Central Bank of Bosnia and Herzegovina issues this Decision to regulate the procedures for banks to increase or decrease funds in their EUR reserve accounts through international transfers or internal currency conversions. The regulation mandates the use of the Electronic Money Market Platform (EMTN) for submitting and confirming requests, while establishing strict daily deadlines and settlement timelines (T+0, T+1, T+2) for processing these transactions. It further defines the operational mechanics for internal clearing notes, fee assessments, and contingency protocols for international account failures.
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