2007-02-05

Decision on Terms of Registration and Method of Keeping a Register of Banks Authorized to Perform External Transactions

The Governor of the National Bank of Serbia issued this Decision to establish the procedures for maintaining a register of banks authorized to perform external transactions. The regulation mandates the inclusion of specific banking details in the register and outlines the conditions under which a bank must be removed, such as license revocation. This instrument supersedes the previous 2003 decision and entered into force the day following its publication in the RS Official Gazette.

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"RS Official Gazette" Nos. 118/2004 and 5/2007 Pursuant to Article 67 of the Law on the National Bank of Serbia (“RS Official Gazette”, Nos. 72/2003 and 55/2004), the Governor of the National Bank of Serbia hereby issues the following DECISION ON TERMS OF REGISTRATION AND METHOD OF KEEPING A REGISTER OF BANKS AUTHORIZED TO PERFORM EXTERNAL TRANSACTIONS

  1. The National Bank of Serbia shall keep a register of banks authorized to perform external transactions.
  2. The National Bank of Serbia shall enter into the register all banks granted the authorization referred to in Section 1 hereof on the date such authorization is issued.
  3. The register of banks referred to in Section 1 hereof shall contain the following information: -reference number and date of entry into the register, -name, head office and address of the bank, -reference number and date of issue of the certificate of authorization, -reference number and date of issue of the license to set up a bank, and -reference number and date of the bank’s entry into the register of business entities.
  4. The National Bank of Serbia shall delete a bank from the register if:
  1. the bank’s operating license is revoked;
  2. its authorization to perform external transactions is revoked, or
  3. the bank is deleted from the register of business entities.
  1. The register of banks kept by the National Bank of Serbia prior to entry into force hereof shall be subject to the provisions thereof and of the decision on authorizing banks to engage in external transactions.
  2. As of the date of entry into force hereof, the Decision on Terms of Registration and Method of Maintaining the Registry of Banks Authorized to Perform External Transactions (“RS Official Gazette”, No. 28/2003) shall cease to be valid.
  3. This Decision shall enter into force on the day following its publication in the “RS Official Gazette”. D. No. 61 Governor 28 October 2004 National Bank of Serbia Belgrade Radovan Jelasic, sign.