Regulatory Alerts2008-11-24
Chapter VIII Relations of the Central Bank with Banks
The Central Bank of Bosnia and Herzegovina mandates that all licensed banks maintain reserve accounts with its central and main units and provide timely financial information upon request. The Central Bank is authorized to assist banks in organizing clearing and settlement mechanisms for interbank payments, including checks, and to establish relevant procedures. Additionally, the Central Bank may establish and maintain an information network for the country's financial system.
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