INFORMATION FOR NON-RESIDENTS ON BRINIGING MEANS OF PAYMENT IN AND OUT OF SERBIA

 On Bringing In and Out of the Country Means of Payment, Occasion-Marking Coins and Dinar Banknotes and Coins For the Purpose of Numismatic Collections, in line with the Decision on the Requirements for Effecting Personal and Physical Transfers of Means of Payment To and From Abroad - RS Official Gazette No. 67/06)

 1) BRINGING MEANS OF PAYMENT INTO THE COUNTRY

 A non-resident may bring in:

 • Foreign currency – up to the limit of EUR 5,000.00, or an equivalent in another foreign currency – free of restrictions. In case the amount brought into the country exceeds EUR 5,000.00, such person is obliged to fill in the form provided and certified by the competent customs authority.

 • Dinars - up to the counter-value of EUR 5,000.00 per person. Exceptionally, dinars in the amounts larger than the aforesaid may be brought into the Republic of Serbia provided that they were bought from a foreign bank – up to the amount of such bank’s receipt, which is to be submitted to the customs authority for inspection upon entering the country.

In case when a non-resident takes into the country both dinars and foreign currency cash, the total amount of such funds may not run in excess of EUR 5,000.00 or the equivalent in another currency.

 2) TAKING MEANS OF PAYMENT OUT OF THE COUNTRY

 A non-resident may take out:

 • Foreign currency cash

 - Up to the amount of EUR 5,000 - or the corresponding equivalent in other foreign currency – free of constraints.

 - Over EUR 5,000.00 or equivalent - subject to the following restrictions:

       - Foreign currency – up to the amount that the non-resident declared upon entering the country, provided that he/she submits to the customs authority the receipt he/she obtained upon the entry;

      - Foreign currency – up to the amount that the non-resident withdrew from his/her foreign currency account or foreign currency savings book - against the receipt obtained from the bank which he/she is obliged to submit to the customs authority upon leaving the country.

      - Foreign currency obtained against sold dinar funds acquired through credit card transactions in the Republic of Serbia, against the receipt from a licensed exchange office, which he/she is obliged to submit to the customs authority on leaving the Republic of Serbia.

 The customs authority is obliged to destroy the submitted bank and exchange office receipts once the non-resident left the Republic of Serbia.

 • Dinars

 – Up to the dinar counter-value of EUR 5,000 - per person, free of constraints;

– Over the dinar counter-value of EUR 5,000.00: up to the amount stated in the foreign bank’s receipt for the purchase of dinars, which a non-resident is obliged to submit to the customs authority for inspection upon entering the country and which the non-resident submits to the customs authority again upon leaving Serbia;

 In case a non-resident takes out of the country both dinars and foreign currency cash – the total amount of such funds may not exceed EUR 5,000.00 or counter-value in another currency.

 The customs authority is obliged to temporarily take away the means of payment that are being taken out of the country above the prescribed amount or without the receipt of the customs authority or the bank. In this case the non-resident is issued a funds seizure certificate.

 Non-residents staying in the country may freely use payment cards to make payment for goods and services.

Non-residents may pay for tourist and hotel and catering services with the dinars acquired through exchanging foreign currency in exchange offices, as well as with foreign exchange over their foreign exchange account or by using their payment cards.

Payment for goods and services with foreign currency is not permitted in the country.

 3) TAKING OCCASION-MARKING COINS AND DINARS FOR NUMISMATIC AND COLLECTORS’ PURPOSES

 - Occasion-marking coins issued by the National Bank of Serbia – against purchase certificate from a licensed retailer in Serbia, or otherwise, against a declaration from customs authority on intake into the country. The same document is being presented to the customs authority on leaving the country.

- Dinars for numismatic and collectors purposes - against the receipt of an authorized dealer in the country or the customs authority’s receipt for their bringing in provided that he/she submits those receipts to the customs authority upon the exit.