The following can perform exchange operations: banks, savings houses, trade companies, individual tradesmen, and other legal entities with head offices in the Republic of Macedonia that are registered for performing exchange operations, and which have obtained licence from NBRM for performing exchange operations in accordance with NBRM's decision regarding the terms and conditions and the mode for obtaining licence and performing exchange operations (The Official Gazette of the Republic of Macedonia No. 53/2002).

SB's exchange operations are performed at all Branches' windows, i.e. at those windows that have the label "the exchange office meets the terms and conditions for exchange operations".

SB performs the following within the framework of exchange operations:

- domestic individuals (residents) and foreign individuals (non-residents) can sell SB FCY cash and checks denominated and payable in FCY
- residents and non-residents can buy FCY cash
- foreign individuals can repurchase FCY cash for the amount of unspent MKD, which they have received in selling their FCY cash to SB.

Within SB's exchange operations, the individuals can sell and buy FCY cash, as well as sell checks denominated and payable in FCY, only if they are denominated in the following currencies: EUR, USD, JPY, GBP, CHF, AUD, CAD, DKK, NOK, SEK, by applying the exchange rates stipulated by SB's exchange rates list for exchange operations.

The individuals, while performing exchange operations, submit the following ID documents:

- ID or passport, if it is a domestic individual in question,
- passport, if it is a foreign individual in question.

SB issues the individual a certificate on the executed exchange operation.
The checks that the individuals sell to SB are to comprise all key elements (number, date of issue, name of the bank-drawee, the FCY amount in digits and words, the check holder's name), and they are not to be adjusted, illegible and so forth, and they as well are to encompass a period over 30 days up to the deadline for checks' submission for collection, if the same is stated in the checks.

SB can repurchase checks and disburse them in MKD:

1) from domestic individuals:
- banker's checks, if they are denominated up to USD 200. SB can repurchase banker's checks of total USD 500.
- banker's checks drawn on SB, pension and treasurer's checks issued by EU, USA, Canada, Switzerland, Japan and Australia, ex amount limitations
- traveler's checks up to USD 1,000

2) from foreign individuals
- traveler's checks up to USD 1,000
- Eurochecks from Germany of EUR 200 (maximum 3 checks), from Netherlands up to EUR 130 (maximum 3 checks), and from other countries up to USD 200 (maximum 3 checks).