meta_id 3340001

On July 10, 2026, the Instructions on Amendments to the Instruction for Operating the Banks' Reserve Account were published in the official gazette. The instruction governs the transfer of funds between a bank's reserve account in convertible marks (KM) held with the central bank and its account in the BiH Instant Payment System (BiH IPS). It sets out the procedures for initiating transfers, including the submission of authorised electronic requests, and specifies that transfers from the BiH IPS account back to the reserve account are carried out via Swift messages, with limited exceptions for written requests. The instruction also provides that funds remaining in the BiH IPS account at the end of the business day are not automatically returned to the reserve account but are taken into account when calculating and monitoring the bank's mandatory reserve requirement. This instruction comes into effect on July 11, 2026 and shall apply as of July 20, 2026.