Includes how foreign exchange is managed and implications for U.S. business
Last Published: 2/26/2018
The dinar is the legal tender in Serbia.  The dinar floats, although the National Bank manages the float to avoid excessive volatility.  There are no legislative restrictions limiting the ability of a local company to pay for imported goods or services.  Companies in Serbia are allowed to hold a foreign exchange account in one or more of the banks authorized for international banking operations.  These accounts may be used to make or receive payments in foreign currency.  Foreign exchange may not be purchased for speculative purposes.  However, foreign exchange purchases are permitted at any time to pay for imports.  Repatriation of proceeds from exports should be made within 60 days from the day of export.
Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.


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Serbia Market Access Foreign Exchange