Decision on the Establishment of the Instant Payment System of Bosnia and Herzegovina

Based on Articles 2, paragraph (3), point c) and 7, paragraph (1), point b) of the Law on the Central Bank of Bosnia and Herzegovina ("Official Gazette of BiH", no.: 1/97, 29/02, 13/03, 14/03, 9/05, 76/06 and 32/07), Article 49, paragraph (2) of the Rulebook of the Central Bank of Bosnia and Herzegovina, no.: UV-104-01-1-116/15 of 28.12.2015, no.: UV-122-01-1-1045-11/21 of 28.4.2021, no.: UV-104-01-1-1425-15/21 of 29.6.2021 and no.: UV-122-01-1-2029-11/22 of 28.11.2022, and Article 7 of the Decision on the Finality of Settlement in Payment Systems ("Official Gazette of BiH", no. 39/25), the Governing Board of the Central Bank of Bosnia and Herzegovina, at its 7th session on 10.7.2026, adopts DECISION on the establishment of the Instant Payment System of Bosnia and Herzegovina
Article 1.
(Subject)
(1) This Decision establishes the Instant Payment System of Bosnia and Herzegovina (hereinafter: IPS BiH) as a systemically important payment system managed by the Central Bank of Bosnia and Herzegovina (hereinafter: Central Bank).
Article 2.
(System Operator)
The Central Bank is the owner and operator of the IPS and ensures its functioning.
Article 3.
(System Purpose)
The IPS is intended for the execution and settlement of instant credit transfers in accordance with the System Operating Rules.
Article 4.
(Operating Rules)
The operating method of the IPS, conditions and criteria for participation in the system, rights and obligations of participants, settlement procedures, risk/incident management, business continuity, protective measures, and other issues significant for the security and functioning of IPS BiH are regulated by the IPS BiH Operating Rules, which the Central Bank adopts by a separate decision.
Article 5.
(Entry into Force)
(1) This Decision enters into force on the day following its publication in the "Official Gazette of BiH".
(2) The Decision shall be published in the "Official Gazette of Republika Srpska", "Official Gazette of the Federation of BiH", and "Official Gazette of Brčko District of BiH". Number: UV-122-02-1-1024-4/26 Sarajevo, 10.07.2026. Chairperson of the Governing Board of the Central Bank of Bosnia and Herzegovina Governor Dr. Jasmina Selimović