The 5 most common mistakes when opening a bank account in Serbia

1. Assuming any bank will open with just a passport

Some do (Intesa, OTP, Erste) but require current Beli Karton. Others need full Boravak. Forum info is outdated — rules change every 6-12 months.

2. Walking in without an appointment

Most foreign-friendly branches require booking ahead. Ask for an English-speaking agent.

3. Not bringing the deposit

Initial deposit €100-€500 depending on bank.

4. Not documenting source of funds

Bring a remote work contract or invoice templates.

5. Expecting the multi-currency card same day

Card arrives 5-10 days later by mail.