Membership in SWIFT, a wide network of correspondents, expanded business network, as well as the up-to date technological solutions enable Agrobanka ad Beograd to, quickly and efficiently, handle foreign payment transactions for its clients, no matter where, in the world, their partners are located.

Opening and maintenance of foreign currency accounts- free of charge
-Simple procedure and fast account opening.
-List of documents needed to open a foreign currency account - legal entities:

1. Application for opening a foreign currency account, stating the data on the company including line of operations, signed by the legal representative or the attorney - if the account is opened by the person empowered by the legal representative. Original application provides Agrobanka.

2. Power of attorney certified by the authority in charge - if the account is opened by the person empowered by the legal representative.

3. Decision on registration with the authority in charge, original or a certified copy, or a copy with the access to the original document or the certified copy, not older than three months;

4. The act of the body in charge on establishment, if its registration is not regulated and it is founded directly under the law, which is documented by the relevant excerpt from the law;

5. Identification documents of a founder of the legal entity, containing data of the founders - physical persons, who, either directly or indirectly, through another legal entity, possess at least 25% of business shares, stocks or other rights (ownership structure);

6. Notification of the authority in charge of the statistics on classification as of the line of operations, if that authority performs classification for the resident, i.e. a document containing such an information;

7. A document of the authority in charge, containing tax identification number (TIN) of the resident;

8. Card of deposited signatures - Specimen of the persons authorized to sign, for the purpose of managing the funds on the foreign currency account, signed by the authorized person from the decision on registration with the competent authority, which is sealed. Original Specimen provides Agrobanka.

9. AGREEMENT ON CONDUCT OF FOREIGN CURRENCY ACCOUNT OF A RESIDENT -Original Agreement provides Agrobanka.

10. Authorization for collection of fees from the Decision on fees and charges for foreign banks (general authorization). Original Authorization provides Agrobanka.

11. Certified signatures of the persons authorized to represent - the form-OP-original or a certified copy or copies with the access to the original or certified copy.

12. Copy of the identity documents of the legal representative, attorney and persons who manage the funds in the account, with the obligatory access into the original document.

13. Act on the appointment of authorized representatives;

14. Deposit - card for the current account – a copy (informative).

It is essential that our customers report on any status changes.

Representative offices of foreign legal entities-non- resident status
Branches of foreign legal entities-resident status.
Same documentation required as for the opening of foreign currency accounts of resident legal entities

Nonresidents-foreign legal entities

Same documentation required, though the status documentation authorized by the notary public, apostilled and with the certified translation in Serbian is also acceptable.
If the request applies only to opening of foreign currency account, it is not necessary to provide certificate on tax identification number (PIB).

Documents may be originals or Certified copies, bearing in mind that the decisions., i.e. certificates on registration with the competent authority, MUST NOT BE OLDER THAN 3 MONTHS

IDENTIFICATION DOCUMENTS containing data ON INDIVIDUALS who, directly or indirectly - through some other legal entities, possess minimum 25% of business shares, stocks or other rights (ownership structure).

Foreign payments
Agrobanka provides advisory services in dealing with letters of credit, collection, bills etc., also it provides useful information when filling in payment orders

-Collection from abroad, by:

1. Vostro payment orders -free
2. Vostro L/Cs
3. Cheques
In order to promptly obtain funds from your international partner, you will provide him with our instructions for collection in the currency in which you have made the deal.
On all received inflows from abroad, Agrobanka sends notification to the beneficiaries on the same working day, and upon receipt of approved layout of inflows, it approves beneficiary the inflow, value date being from the SWIFT message.

- Payments to abroad, by:

1. Nostro payment order and collection of documents
2. Nostro L /C s
3. Cheques
Agrobanka executes payment orders of residents for payments towards abroad on the very same day if they are correct (with the provided backing, commission paid, filled in, according to the current regulations and followed by the adequate supporting documentation), and submitted till 14:00 hours.
Orders received after 14:00 h will be processed on the next working day.
Non-residents bring their requests for payments, in writing-on paper, with a copy of the invoice or contract and proof of the paid taxes.

PAYMENTS UP TO EUR 50,000.00
TO BENEFICIARIES INTO MEMBER STATES OF THE EUROPEAN UNION

The Bank will, received orders for payments of up to EUR 50,000.00, to clients in EU states, process depending on the delivery time of orders, ie. on the same or next working day, sending the order to its correspondent bank.
Correspondent bank will try to transfer the funds to the beneficiary's bank, with the required currency or the currency up to two business days from the date of receipt of our order.
The Bank of the beneficiary will approve the payment to him on the currency date of payment or the next working day, or in accordance with its business policy.
Bank commission for executing orders towards abroad is charged in accordance with the business policy and valid Tariffs of fees of the Bank for payment operations services.
In case that the inflow beneficiary has not been approved by the above procedure, the orderer shall submit a written request to the bank, on the basis of which, the bank will make a search through its correspondent and will inform the orderer on it.
Payment of obligations based on foreign cost, for the option: OUR (starts at about 0.2%) could be settled from a foreign currency account or by advance payment of the RSD countervalue, while for the option SHA, there should not be any costs, just like for the option BEN.
Payments of obligations towards abroad, a client of the bank could made:
- In the foreign currency of transaction, from his foreign currency account;
- in the currency of the transaction, other than the currency of the foreign exchange account, performing the conversion, free of charge, by buying and selling exchange rate quoted;
- In payment currency, by purchasing foreign currency from the bank.
Information on payment effected, the bank submits to the client, together with the exchange statement.

Payment, collection and transfer of funds in the Republic, in foreign currencies, permitted by regulations
-Buying and selling of debts and receivables from credit operations with abroad
-Payment of deposit as a mean of security
-Insurance premiums and transfers on the basis of life insurance policy
-From the sale and leasing of real estate
-By operations that regulates securities

Collections, payments and transfers in the Republic through foreign currency accounts of non-residents
-Based on current and capital transactions

Collections, payments and transfers in the Republic through local currency (RSD) accounts of non-residents
- Based on current and capital transactions

Sale and purchase of foreign currencies

Upon the request of the depositor for the sale of foreign currency to the bank, stamped and signed by the authorized person, Agrobanka immediately pays RSD countervalue.

Based on customer request for earmarked purchase of foreign currencies, stamped and signed by the authorized person, Agrobanka instantly makes calculation with the payment instructions.

Information on business operations
-statements on the balance and daily transactions can be obtained by:
1.Post
2.Fax
3.In person
4. E-banking (FX-service)
5.e-mail
-Information on the inflow from abroad, a beneficiary may obtain by:
1. Fax
2. E-banking (FX-service)
3. E-mail
SWIFT-mail, as a confirmation of payment effected, the principal can get by:
1. Fax
2. E-banking (FX-service)
3. E-mail
Contacts
2021-322,330,323,321,342,388,394