economy

March 4, 2026

A New Era in the Payment System

The SEPA system will allow non-cash payments in euros under the jurisdiction of the National Bank of Serbia to be carried out under favorable and standardized conditions in all member states of this payment area, which covers a total of 41 countries.

A New Era in the Payment System

TL;DR

  • The National Bank of Serbia (NBS) will be included in the SEPA Credit Transfer (CT) payment scheme register from March 13, 2026.
  • The SEPA system will enable standardized euro payments under favorable conditions across 41 countries.
  • This accession is a key part of Serbia's European integration process and aligns its financial system with EU standards.
  • The NBS will act as both a participant in SEPA schemes and a supervisory body for commercial banks.
  • Payments within the SEPA CT scheme will be operationally enabled from May 5, 2026, with full capacity expected later.
  • This move enhances efficiency, transparency, and security in public fund management and payment transactions for budget users.

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