Retail foreign currency inflows

To receive funds from a foreign country, the sender must provide following information:

  1. Name and surname
  2. Address
  3. Account or IBAN number (you can obtain IBAN number on the Bank counter desk)
  4. Name of our bank: STOPANSKA BANKA a.d. BITOLA
  5. Our address: Dobrivoje Radosavljevik 21
  6. Our SWIFT Code: STBBMK22.

You can obtain instructions on foreign currency inflows at the counter desks of the Bank in any branch in the country.

1. Domestic individual – resident 

An individual, national of the Republic of Macedonia – resident can receive unlimited amount of funds from a foreign country by another individual, national of a foreign country – nonresident.

An individual, national of the Republic of Macedonia – resident may receive funds from his/her account in a foreign country in compliance with the Decision on the manner and conditions under which residents that are not authorized banks may open and possess accounts in a foreign country, and it’s amendments.

 An individual, national of the Republic of Macedonia – resident can receive funds from a foreign country by a legal entity with office in a foreign country – nonresident, an unlimited amount for which he/she must provide to the Bank information as a basis of the inflow.

Subordinate to the information provided by the client, the Bank, according to the law, may request a valid document basis for the payment, particularly if the inflow falls under the group of capital transfers.

Payment user has to, within 5 banking days of the date of receipt of the notification by the Bank, submit all necessary data for approval of the funds on his/her account.

2. Foreign individual – nonresident 

An foreign individual – nonresident may receive unlimited amount of funds from abroad.

When paying foreign currency assets exceeding EUR 10,000, the client – nonresident also submits written receipt of the foreign currency assets issued by the Customs Office of RM.