Payment Terms Legislation In Bosnia and Herzegovina

Select to view payments

Bosnia and Herzegovina

Please scroll down for a summary of payment terms in Bosnia and Herzegovina and the various industries across which payment term legislation appears.

To access the complete international payment terms data, download the international payment terms whitepaper.

Industries Laws Codes Notes Interest Rate


As of April 2018 the Law regulating the settlement of financial obligations in Bosnia and Herzegovina sets a default supplier payment term of 30 days and a maximum term of 60 days. The maximum term may be extended where the debtor provides an unconditional bank guarantee or bill of exchange.

Interest Rate

The default interest rate for late payment of invoices in Bosnia and Herzegovina was set to 10% by law in 2020.

Unlock the power of cash

Accelerate your cash flow today.