Regulatory Alerts2016-10-05
Decision on Cash Management through Agent of the Bank
The Governor of the National Bank of Serbia issued this Decision to regulate cash management operations performed by agents on behalf of banks. It establishes strict technical, organizational, and security requirements for agents, including mandatory insurance, secure premises, and approved machinery, while defining the application process and contractual obligations. The regulation mandates real-time record-keeping, monthly reporting to the central bank, and holds the contracting bank liable for the agent's actions, replacing the previous 2013 decision.
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