Foreign Credit Transactions are foreign currency credits concluded between residents and non-residents and they are:
- Commercial credit – foreign supplier loan granted to a buyer by delivery of goods and services
- Trade credit – credit or loan granted by a foreign bank or another foreign financial institution, as creditor, to a resident borrower for the purpose of payment of goods and services in foreign trade operations, where the purpose of such funding has been stipulated in the trade credit agreement
- Financial credit – credit or loan by which a non-resident creditor shall make available foreign exchange funds to a resident – borrower by crediting the account of such resident held with an authorized bank, where the purpose of such funding has not been determined by financial credit agreement

Documents required for recording of foreign credit transactions with the National Bank of Serbia:
- Prescribed KZ- forms 
- Decision on registration of the legal entity in the Register of the Business Entities with amendments issued by the Business Registers Agency
- Documentation verifying that the foreign creditor is registered abroad pursuant to the regulations in force in its domicile country
- Credit Transaction Agreement (original and certified translation)
- Decision of the competent authority of the credit beneficiary indicating information on the type, amount, purpose and terms and conditions of foreign transaction
- In case of financial credits (which are exchanged for RSD), statement of the credit beneficiary defining the purpose for which RSD are used
- Evidence of payment of commission to NBS and Agrobanka