Can I use Payoneer?

Yes, you can use alternative payment institutions that are not registered in our country, but it is important how you do it.

This account is your second foreign currency account. Which means that it is necessary that you have an invoice for every payment you receive, regardless of whether you will withdraw the money to your business bank account or make payments abroad directly from there.

According to the announcement of the National Bank of Serbia, the listing of payment transactions can be subject to control, which is why it is important that you also have the transactions made on these accounts recorded in the KPO book.

If you withdraw money to a bank account, you do not create a new invoice because this is practically a transfer from one account to another, not new income. After assigning funds, you will be able to convert them into dinars and use them freely.

Important! According to the law on foreign exchange operations, transactions in foreign currency between two residents are not allowed. For this reason, you can only make foreign currency payments abroad (except in the case of rent payments and business trips), and you must use dinars for payments in Serbia.

Can I use Payoneer?

Yes, you can use alternative payment institutions that are not registered in our country, but it is important how you do it.

This account is your second foreign currency account. Which means that it is necessary that you have an invoice for every payment you receive, regardless of whether you will withdraw the money to your business bank account or make payments abroad directly from there.

According to the announcement of the National Bank of Serbia, the listing of payment transactions can be subject to control, which is why it is important that you also have the transactions made on these accounts recorded in the KPO book.

If you withdraw money to a bank account, you do not create a new invoice because this is practically a transfer from one account to another, not new income. After assigning funds, you will be able to convert them into dinars and use them freely.

Important! According to the law on foreign exchange operations, transactions in foreign currency between two residents are not allowed. For this reason, you can only make foreign currency payments abroad (except in the case of rent payments and business trips), and you must use dinars for payments in Serbia.