# Bosnia and Herzegovina Moneyval grey list impact

> Live situation record from CLSTR: https://clstr.news/situations/bosnia-and-herzegovina-moneyval-grey-list-impact
> Updated: 2026-10-05T10:13:41.000Z. Sources: 10. Developments: 2.

Three months after Bosnia and Herzegovina was placed on the Moneyval grey list for strategic deficiencies in combating money laundering and terrorist financing, the nation’s banking and economic sectors are facing significant disruptions.

International financial transactions have slowed considerably, with cross-border payments increasing from a 48-hour window to between 7 and 10 days due to mandatory checks. Edis Ražanica, director of the Association of Banks of Bosnia and Herzegovina, stated that these administrative burdens “increase the costs of realizing transactions.”

The economic consequences include a 3 percent decline in foreign direct investment and a roughly 10 percent decrease in cross-border payment volume. Experts suggest the reduction in capital inflows could impact GDP by as much as 7 to 8 percent, creating risks for exporters regarding liquidity, financing costs, and revenue collection. Furthermore, the grey list status poses a reputational risk that may deter new foreign investors and increase financing costs for local companies.

## Claims

- International transactions that previously took 48 hours now take between 7 and 10 days due to additional checks. (disputed by 3 sources)
- Transaction times for some businesses have increased from 24-48 hours to 72-96 hours. (disputed)
- Foreign direct investment has decreased by 3 percent. (corroborated by 2 sources)
- The impact of the capital inflow drop on GDP could be between 7 and 8 percent during the stay on the grey list. (corroborated by 2 sources)
- Cross-border payment traffic has decreased by approximately 10 percent. (corroborated by 2 sources)
- Bosnia and Herzegovina has been on the FATF grey list since June. (single source)

## Timeline

### 2026-10-05: Bosnia and Herzegovina economy faces impact from Moneyval grey list

Bosnia and Herzegovina faces economic strain three months after joining the Moneyval grey list, with international payment delays increasing from 48 hours to up to 10 days and foreign investment dropping by 3%.

4 sources. https://clstr.news/cluster/bosnia-and-herzegovina-faces-economic-impact-from-moneyval-grey-list

### 2026-10-03: Bosnia and Herzegovina publishers struggle with high VAT and costs

Publishers in Bosnia and Herzegovina face economic strain due to a 17% VAT rate, lack of state support, and competition from untaxed imports from neighboring countries.

7 sources. https://clstr.news/cluster/bosnia-and-herzegovina-publishers-struggle-with-high-vat-and-costs

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Cite as: Bosnia and Herzegovina Moneyval grey list impact. CLSTR, https://clstr.news/situations/bosnia-and-herzegovina-moneyval-grey-list-impact