Property and ownership
How to pay for property in Bosnia: transfer, bank account and currency
Where the price is paid from and to, whether you need a Bosnian bank account, what the bank asks for, and why you should not pay in cash.
Alhosani
·Sarajevo·0views
Once the property and its papers are checked, the practical question is how the money moves safely and with proof. The payment plan is part of the contract.
Currency
The convertible mark is pegged to the euro. Prices are usually quoted in marks or euros and the contract sets the payment currency.
Do you need a Bosnian account?
Not always. You can transfer directly from your home account to the seller. Many buyers open a non-resident account because it makes later fees, taxes and bills easier.
What the bank asks
Banks follow anti-money-laundering rules and ask about the source of funds and the purpose. Prepare the sale contract and proof of where the money comes from.
When the price is paid
The contract decides: usually a deposit at the preliminary contract and the balance at or after the final one. Have the seller account number, dates and the registration condition written in.
Why not cash
Large cash payments are restricted by law and leave no proof. The transfer is your evidence, and you will need it if you later sell and move the money abroad.
See property buying costs in Bosnia for the other items.
Written in October 2026 as general information, not legal, tax or banking advice. Conditions and fees change and differ between areas and banks — confirm with a notary, your bank or an accountant before you decide.
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