GENERAL INFORMATION ON REGISTRY

 

What is the Central Registry of Credits of Business Entities and Natural Persons in Bosnia and Herzegovina? 

The Central Credit Registry of Business Entities and Natural Persons in Bosnia and Herzegovina (hereinafter: the Registry) contains the data on credit and other indebtedness of business entities and natural persons with participants in the Registry.

Business entity means any entity that is assigned a business unique identification number (UIN).

Natural person is any person who has a single identification number and a non-resident /foreigner natural person who has an identification number assigned by the competent tax authority.

 

Who are the participants? 

Participant in the Registry is any bank, micro-credit organization, savings and credit organization, leasing company, factoring company, any company that is under the jurisdiction of the competent Entity Banking Agency, entity registered for placement of financial assets, which is included in the Registry, at its own request, as well as, any other entity engaged in the repurchase of claims recorded in the Registry.  

 

What is the Registry for - What is it used for? 

The Registry, as a single database of credit and other indebtedness of businesses and natural persons, serves to support the stability of the financial system in Bosnia and Herzegovina. The information in the Registry is useful for participants in the preparation of credit capacity and monitoring analyses, for the Entity Banking Agencies and the Central Bank for analysis, as well as, for the courts, prosecutors' offices, attorneys' offices, internalaffairs authorities andpolice departments for performing tasks within their jurisdiction established by law.  

 

Who keeps the Registry?

The Registry is established and maintained by the Central Bank of Bosnia and Herzegovina as an electronic collection of data on credit and other indebtedness of business entities and natural persons.

 

Who and when submits the data to the Registry/who is responsible for the timely submission of data to the Registry?

Participants in the Registry are obliged to submit the data on the next day as latest from the day when a change takes place in the period from 08:00 to 16:00 hours. The business day is a business day as defined by the Central Bank of Bosnia and Herzegovina regulation defining the operative rules for Giro Clearing.

 

Who is responsible for the accuracy of the data in the Registry?

Participants in the Registry are responsible for the accuracy and timeliness of the data submission.

 

What is the responsibility of the Central Bank of Bosnia and Herzegovina?

The Central Bank of Bosnia and Herzegovina is responsible for the identicalness of the submitted data with the data in the Registry and the Registry administration. Data are updated immediately after their receipt, after that, the updated data are available to data users.

 

How can the data from the Registry be accessed?

1.By direct access via internet and

2.In the form of individual reports.

 

Who can access the data directly via internet and what is the fee charged?

1.The Central Bank of Bosnia and Herzegovina (without any fee)

2.Participants in the Registry (with a fee charged)

3.Entity Banking Agencies, courts, prosecutors' offices, public attorneys' offices, internal affairs authorities and police departments (without a fee charged).

On the basis of using the data from the Registry, participants pay a fee which is charged on quarterly basis according to the Decision on setting fee tariffs of the Central Bank of Bosnia and Herzegovina.

 

Who can access the data in the form of individual reports from the Registry?

1.The Central Bank of Bosnia and Herzegovina issues individual reports from the Registry on the basis of a written request of institutions authorized by law for purpose of performing the tasks from their responsibility as set by the law.

2.Banks, microcredit organisations, savings- credit organisations, leasing companies and factoring companies and any other company which falls within the competence of the relevant entity Banking Agency issues individual reports from the Registry on the basis of a submitted written request of a business entity or natural person only for the liabilities of the entity/person that submitted a request.

The business entity's submitted request in writing needs to be signed by an authorized person and verified by the business entity's seal.

A written request submitted by a natural person needs to be signed by that natural person and include a number of the identification document and the name of the authority which issued it.

 

The preconditions to access the data in the Registry via internet

• The filled in form "Institution Access Request", with the circled option that an internet access to the CRC is required, needs to be submitted together with the accompanying documentation to the Central Bank of Bosnia and Herzegovina by post to the address: Centralna banka Bosne i Herzegovine, Maršala Tita 25, Odjeljenje za platne sisteme, 71000 Sarajevo,

• Approval of the Central Bank of Bosnia and Herzegovina to access CRC via internet,

• A computer with an adequate minimum configuration,

• For users of the institution which has been approved to access CRC via internet, the form „Request for users' access“ is filled in, where appropriate permissions need to be circled and it should be submitted to the Central Bank of Bosnia and Herzegovina by post to the following address: Centralna banka Bosne i Herzegovine, Maršala Tita 25, Odjeljenje za platne sisteme, 71000 Sarajevo

• The reader and a "smart" card (option 1) or USB key (option 2), which are used for the user's authentication when accessing the Registry, which are personalized and intended for a particular user within an institution are ordered from Halcom d.o.o. by a form "Halcom - Request for issuing a card for SRA/CRC systems operations and ACH “ and their issuance is paid according to the applicable price list. 

 

Which kinds of reports can be obtained from the Registry?

1.Report on business entity's current liabilities (BP1),

2.Report on business entity's settled liabilities (BP2),

3.Report on natural person's current liabilities (BF1) and

4.Report on natural person’s settled liabilities (BF2).

 

Keeping the data on settled liabilities

The data on settled liabilities are kept for the previous five years, counting from the date of the actual liability repayment.