Opening a Non-Resident Personal Account in Serbia: A Simple Guide

If you are a non-resident and want to open a personal account in Serbia, here’s what you need to know:

1. Who can open a non-resident account?

• Foreign citizens without residence in Serbia
• Serbian citizens residing abroad
• Foreign workers , digital nomads, and students in Serbia.

2. Types of non-resident accounts

• Foreign currency account – Allows you to receive and send money in foreign currency.
• Dinar account – Allows payments in Serbia (e.g., bills, purchases).
• Combined account – It has both a dinar and a foreign currency segment.

3. Required documentation

• Passport (original + copy)
• Proof of address abroad (e.g., utility bill)
• A confirmation of the source of funds may be needed if required.
• Some banks may require proof of the source of funds (e.g., employment contract)

4. Which banks offer non-resident accounts?

• Banca Intesa – Convenient for international transactions.
• Raiffeisen Bank – Offers flexible packages for foreigners.
• UniCredit Bank – Quick processing of requests.
• OTP Bank – Features a well-rated mobile application.
• Postal Savings Bank – Limited digital options, but solid account conditions.

5. Key tips

• Choose a bank that supports your preferred currency (EUR, USD, etc.).
• CRS Free Zone
• Check the fees for international transactions.
• It is possible to open an account remotely, but most banks require a personal presence.
• Online banking is helpful if you are not often in Serbia.
• If you plan to stay long-term, check the options for a resident account.

This guide is designed to assist you in comprehending the requirements and available options for opening a non-resident personal account in Serbia.If you need assistance with a specific bank or process, please don’t hesitate to reach out.

Find out more about the WTS services Banking and bank accounts > (https://welcometoserbia.org/en/services/personal-bank-account-for-non-residents/).