Domestic Payment System Codes

When making payments in Serbia, whether it’s paying bills, buying goods, or transferring money, you need to use payment codes. These codes help banks and government institutions understand the purpose of the transaction and record it correctly. The National Bank of Serbia regulates these codes, and below are the most commonly used ones in the domestic payment system.

Basic Payment Codes

Every transaction must include one of the following basic codes:

  • 1 – Cash Transactions (deposit or withdrawal of cash from an account).
  • 2 – Non-Cash Transactions (transfers between accounts).
  • 3 – Accounting Payments (transactions that involve calculations without actual transfer of money, e.g., compensations, assignments).
  • 9 – Journal Entries (when correcting or returning incorrectly deposited money).

Common Codes by Payment Type

  • 20 – Payment for Goods and Services (purchases of raw materials, utilities, fuel, etc.).
  • 22 – Payments to Public Enterprises (electricity, water, telephone, heating).
  • 25 – Rent Payments (payment for rental of commercial spaces).
  • 27 and 28 – Subsidies and Premiums (state support and incentives for businesses).

New Payment Codes

  • 29 – Digital Assets (buying or selling cryptocurrencies, digital tokens).
  • 30 – Real Estate Transactions (buying and selling apartments, houses, land).

Using the correct codes ensures that your transactions are recorded correctly. If you are unsure about which code to use, always check with your bank before making the payment.

For more information, visit the official National Bank of Serbia website: nbs.rs.

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