Regulatory Alerts2025-11-27
Added · Updated
Decision on the Manner of Enforcement of Claims by Debiting the Client’s Account
The Governor of the National Bank of Serbia issued this Decision to regulate the enforcement of claims by debiting client accounts in accordance with the Law on Payment Transactions. It establishes that execution titles must be submitted to the Enforced Collection unit in Kragujevac, specifying electronic and physical submission protocols, verification procedures, and record-keeping requirements. The document further details the operational mechanisms for blocking debtor accounts, transferring funds via specific electronic messages, and handling enforcement orders related to bills of exchange and aval guarantees.
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