Yes. At API Bank. We will be happy to answer your questions and provide full banking service in Russian, Serbian and English.
API Bank is one of the rare banks in Serbia that offers RUB accounts: RUB accounts will be especially useful to you if you receive income in roubles in Russia, which you want to transfer to your account in Serbia.
You can bring any amount, but if it exceeds EUR 10,000 (or its equivalent if in other currencies), then you will have to fill in a declaration at customs, which will issue a customs certificate.
If you are depositing an amount higher than EUR 10,000 or equivalent in other currencies, you will have to provide a customs certificate of bringing the money into Serbia, or a certificate from another bank in Serbia that confirms you withdrew the amount from your foreign currency account.
You can bring any amount out of Serbia that does not exceed EUR 10,000 (or its equivalent in other currencies). You can bring out an amount that exceeds this limit if you have a certificate confirming that the amount in foreign currency was withdrawn from a bank in Serbia.
Serbian nationals and foreigners can bring in/out cash in RSD in amounts not exceeding the countervalue of EUR 10,000.
You need to contact the bank (by phone, email or in person) and submit a free form request for withdrawing cash. The bank will prepare the requested amount, in compliance with NBS limits for amount, and you can pick it up at one of our branches, which you designated in the request.
Our bank accepts transfers in rubles.
When you open a foreign currency account, you automatically get a VISA card in RSD, which you can use to pay for goods and services, and withdraw cash.
Mobile app and e-banking are the most affordable method for paying regular bills. However, in order to use this service, you need to get a residency permit and live in Serbia for at least one year. Until then, you should visit our branch, where our employees will help you execute payments quickly.
The bank offers favorable interest rates in leading currencies.
Of course! This service only takes a couple of minutes.
The account opening procedure takes up to 3 working days, depending on the number of requests received at that time.
You come to the bank branch to submit a request, to sign an account opening agreement and to pick up cards.
To open an account, your presence is required or you can authorize someone to open an account on your behalf.
The power of attorney must be notarized and translated by a court interpreter for the Russian language and must not be older than 3 months.
Our bank accepts all transfers in RUB currency.
No, you can transfer any amount, but the Bank has the right to request confirmation of the origin of the funds.
If the address is outside the Russian Federation, it is possible to send the card via DHL. If the address is in the Russian Federation, we have the option of delivering cards to Moscow and St. Petersburg.
Personal presence is not necessary to close the account, it can be done remotely.
Yes it is possible.
Yes it is possible.
This Q&A is for informational purposes only, does not constitute legal advice and does not give rise to any rights or obligations on the part of API Bank Belgrade.
Please note that API Bank complies with “Know Your Client” policy and may require documentary proof of source of funds of the account holder.
API Bank may refuse to open an account at its sole discretion. Restrictions to use certain services of the Bank may apply to the residents of some jurisdictions.
Benefits for Premium VIP clients: more favorable interest rates for savings, a more favorable exchange rate and an exceptional convenience for renting a safe.