economy
March 4, 2026
National Bank of Serbia to be in the SEPA Register of the European Payments Council from March 13
The National Bank of Serbia (NBS) received a positive assessment from the European Payments Council in the application process for participation in the SEPA Credit Transfer payment scheme and operational execution of transactions for budget users, and will be in the register of this institution from March 13, the NBS announced today.
TL;DR
- The National Bank of Serbia (NBS) will be included in the SEPA Credit Transfer payment scheme register from March 13.
- This move allows for standardized and favorable euro transactions across 41 countries, including EU members, EEA countries, Switzerland, the UK, and others.
- Joining SEPA is a key part of Serbia's European integration and harmonization of its financial system with the EU.
- The NBS plays a crucial role in overseeing and coordinating the process for business banks in Serbia to join SEPA.
- Full operational implementation for SEPA CT payments is scheduled for May 5, 2026.
- This step modernizes payment services and aligns them with European standards.
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