Money & Banks

Money and Banks in Bosnia-Visit Bosnia-Be In Bosnia

Money & Banking in Bosnia and Herzegovina

Currency, banking services, ATMs, and money exchange for travelers

When visiting Bosnia and Herzegovina, it’s important to understand the local currency and banking options to manage your finances with ease. The official currency is the Convertible Mark (KM), internationally abbreviated as BAM. The exchange rate is fixed at 1.95 KM for 1 Euro, making it convenient for visitors from the Eurozone.

Banknotes are available in denominations of 10, 20, 50, 100, and 200 KM, while coins include 5, 10, 20, and 50 pfennig, as well as 1, 2, and 5 KM. Credit and debit card payments (POS) are widely accepted in urban areas such as Sarajevo, Mostar, and Banja Luka, but cash is often preferred in rural regions.

Banks & ATMs

ATMs are easily accessible across the country, especially in cities, and they support most international cards, including Visa and MasterCard. You can withdraw local currency directly using your home bank card.

Some of the main commercial banks in Bosnia and Herzegovina include:

Raiffeisen Bank
UniCredit Bank
Sberbank
BBI Bank
Union Bank
Intesa Sanpaolo Bank
ProCredit Bank

Currency Exchange

Foreign currencies can be exchanged at banks and licensed exchange offices throughout the country. To check current exchange rates, visit a trusted source such as xe.com.

Declaring Cash at the Border

When entering or leaving Bosnia and Herzegovina, you must declare any amount over €10,000 (or equivalent) to Bosnian Customs, in accordance with financial regulations.