The National Bank of Serbia has clarified how authorised exchange dealers must fulfil foreign cash sale obligations following Alta banka’s licence withdrawal on Oct. 30, 2026: after establishing a contract with another bank, dealers must sell it foreign cash purchased from Alta banka by that date to ensure an adequate currency structure within 15 or 30 days of purchase, depending on the rule applicable when purchased, with documentation evidencing the purchase and amount, while dealers contracted exclusively with Alta banka must sell the replacement bank at least 80% of the previous week’s total net foreign cash purchases.
National Bank of Serbia clarifies exchange dealers’ foreign cash obligations after Alta banka licence withdrawal
The National Bank of Serbia has clarified that exchange dealers must meet foreign cash sale obligations through another bank once contracted with it following Alta banka’s licence withdrawal, observing the applicable return deadline of 15 or 30 days and, for dealers contracted exclusively with Alta banka, selling at least 80% of the previous week’s total net foreign cash purchases.