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RSD – Serbian Dinar

Overview

The payment processing of this currency is considered to be relatively standardised.

Currency Guidelines

Beside the standard information, the IBAN format is mandatory (see Appendix VI).

A clear reason / purpose of payment is recommended and consists of a full written description (in English) of the nature of payment to be provided in the remittance information. For example: providing an invoice number without guiding text is considered as insufficient and can result in errors or delays.

Example: Payment of travel expenses – invoice n° 123456789

Additionally, a purpose of payment code (see Appendix IX) is required by the local authorities.

Instructions, technical guidelines & more

To consult the Technical Guidelines of this currency, click here

TECHNICAL GUIDELINES

To consult the Appendix(es) click here

Appendix VI: IBAN Application Rules
Appendix IX: Purpose of Payment Codes (RSD)
Additional information

• Available charge options: OUR/SHA/BEN

• The purpose of payment code is mandatory and required by the central bank for all payments toward Serbia (regardless of the currency).

• Central bank of Serbia: http://www.nbs.rs/internet/english/