The ruling bodies have taken the drastic steps because the federation refuses to replace a three-member presidency with a single leader.
FIFA says they 'deeply regret that this decision had to be taken' which now means Bosnia's national and club teams, referees and officials are now barred from any playing international matches.
Domestic duty: Dzeko's national team have been banned from international football
FIFA and UEFA officials will meet soon to discuss options 'to bring (Bosnia) back into the football family as soon as possible,' but could could install an emergency committee to run the federation.
Bosnia's presidency is shared by a Bosnian, a Croat and a Serb. Bosnian Serbs opposed the single president plan in a vote on Tuesday because they fear it could jeopardize their autonomy.
The country's next scheduled international is the Euro 2012 qualifier away to Romania on June 3. ?Control yourself! Mancini warns Balotelli to curb bad boy behaviourPut it on like this, Mario! Dzeko offers team-mate Balotelli a bib of advice...Silva loving the quiet life at Manchester City - just wait until he's warmed up All the latest Manchester City news, features and opinion
?Explore more:People: Edin Dzeko Places: Bosnia, Romania
Source: Daily Mail
Source: Daily Mail