Decision on the manner and the terms under which residents that are not banks may open and hold accounts abroad

NATIONAL BANK OF THE REPUBLIC OF NORTH MACEDONIA Pursuant to Article 47 paragraph 1 item 6 of the Law on the National Bank of the Republic of North Macedonia (Official Gazette of the Republic of Macedonia No. 158/10, 123/12, 43/14, 153/15, 6/16 and 83/18 and Official Gazette of the Republic of North Macedonia No. 110/21, 74/24 and 16/25) and Article 23 paragraph 2 of the Law on Foreign Exchange Operations (Official Gazette of the Republic of Macedonia No.) 34/01, 49/01, 103/01, 51/03, 81/08, 24/11, 135/11, 188/13, 97/15, 153/15 and 23/16 and Official Gazette of the Republic of North Macedonia No. 110/21 and 37/25), the National Bank of the Republic of North Macedonia Council has adopted the following DECISION on amending the Decision on the manner and the terms under which residents that are not banks may open and hold accounts abroad (Official Gazette of the Republic of North Macedonia No. 250/25)

1. Decision on the manner and the terms under which residents that are not banks
   may open and hold accounts abroad (Official Gazette of the Republic of North Macedonia No. 225/25), in item 8 paragraph 2, the full stop at the end of indent 8 shall be replaced by a semicolon, adding new indent 9 that reads as follows:
   “− which is in a dominant ownership of a non-resident and has concluded a contract with foreign financial institution for financing the payment of liabilities to suppliers abroad”.
2. In item 10, sub-item 10.8 shall be followed by a new sub-item 10.9, that reads
   as follows:
   “10.9. For payment of liabilities to suppliers abroad, based on a contract with foreign financial institution for financing the payment of these liabilities, up to the amount specified in the contract with foreign financial institution for payment of these liabilities.”
3. In item 13, sub-item 13.8 shall be followed by a new sub-item 13.9, that reads
   as follows:
   “13.9. For issuing an approval for opening and holding account with a foreign bank for payment of liabilities for suppliers abroad, based on a contract with foreign institution for financing the payment of these liabilities:
   − evidence that the resident is registered in the trade registry and in the registry of other legal entities. The certificate from the trade registry and the registry of other legal entities shall be issued by a competent authority and shall not be older than 3 (three) months, and − a copy of the contract concluded with the foreign financial institution for financing the payment of the resident’s liabilities to suppliers abroad.
4. This Decision shall enter into force on the eighth day of its publication in the
   Official Gazette of the Republic of North Macedonia.
   No. 02-39256/8
   5 December 2025
   Skopje
   Governor and Chairperson of the National Bank of the Republic of North Macedonia Council Trajko Slaveski, PhD

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