On 3 November the Belgrade Commercial Court opened bankruptcy proceedings for Alta Banka after its licence was revoked on 30 October. On 6 November Serbia’s Deposit Insurance Agency announced that Banka Poštanska Štedionica would begin reimbursing insured depositors on 13 November. Coverage is capped at €50,000 per depositor.
Event / source publication date: 6 November 2026The following is Human Fintech’s analysis
A payroll date can fall inside the waiting period.
Consider a small employer whose payroll falls due before the payout window opens. Its balance could sit comfortably within the coverage limit and still be unavailable when the salary file is due. A finance team preparing a cash forecast needs both the amount it expects to receive and the earliest date it can actually use those funds. Entering the insured sum as opening cash would bring every subsequent payment forward on paper.
Account structure matters too. A sole account holder who keeps money in two currencies at the same bank has two balances to reconcile against a single coverage ceiling. The portion above that ceiling remains a separate exposure. Estimating its eventual recovery requires information beyond the announcement of the insured payout.
The handover to the paying bank.
A depositor expecting a domestic transfer in euros has a practical task before visiting the designated branch. The receiving bank supplies instructions identifying the beneficiary, account and bank. An old statement helps establish what was held at Alta Banka, while those incoming transfer instructions tell the paying bank where the reimbursement can go.
Currency also affects the reconciliation. The agency specified dinars for dinar deposits and euros for foreign-currency balances, using the official median exchange rate applicable on 3 November. Keeping the original balance, currency and conversion date together makes a discrepancy easier to investigate. Business representatives should consult the agency’s separate documentation requirements before relying on a particular collection date for payroll.
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