Regulatory Alerts2019-01-01
Decision on Operational Rules for the Clearing House System
The Central Bank of Bosnia and Herzegovina issues this Decision to establish unified operational rules for the clearing house system to ensure the smooth functioning of domestic payment traffic. It mandates net settlement for payment orders up to 10,000 BAM across four daily cycles, defines participant eligibility and technical requirements, and outlines procedures for clearing, settlement, and emergency operations. The regulation also governs participant inclusion and exclusion, fee structures, and liability limitations for the Central Bank regarding system interruptions or force majeure events.
Share