Bank transfer charges to and from abroad to an individual’s private account in Montenegro are as follows:
CKB bank
FX inflows (loro remittances)
The fees charged by the Bank to receive the funds from abroad depend on the inflow amount, and they are as follows:
- amounts up to EUR 3,000 - 1% of the amount
- amounts from EUR 3,000 to 50,000 - 0.5% of the amount
- amounts over EUR 50,000 - 0.3% of the amount
International payments (nostro remittances):
- for amounts up to EUR 1,500 - 1% of the amount (minimum EUR 9)
- for amounts from EUR 1,500 to EUR 3,000 - 1% of the amount
- for amounts from EUR 3,000 to EUR 50,000 - 1% of the amount
- for amounts over EUR 50,000 - 0.5% of the amount
If the client wants to bear the costs of the final user of funds (option “OUR”), besides standard commission he has to pay costs of additional commission as follows:
- from EUR 1 to EUR 4999 - EUR 10.00
- from EUR 4999 to EUR 12500 - EUR 15.00
- from EUR 12500 and more - EUR 20.00
ERSTE bank
FX inflows (loro remittances)
Incoming transfer - inflow from abroad, for amounts up to € 500 3,00 €
Incoming transfer - inflow from abroad, in the amount of 500 - 2,500 € 10,00 €
Incoming transfer - inflow from abroad, for amounts exceeding € 2500 0,45%
International payments (nostro remittances):
Outgoing payments (cost option BEN or SHA) - the beneficiary's bank abroad 0,60% min 15,00 €
Outgoing payments (cost option OUR) - the beneficiary's bank in Serbia 0,30% (min. 25,00 €)
Outgoing payments (cost option OUR) - the beneficiary's bank abroad, except for Serbia 0,60% (min. 25,00 €)
NLB bank
FX inflows (loro remittances)
0,5% or minimum 2 EUR
International payments (nostro remittances):
option BEN 0,50% of the amount, min 10€
option SHA 0,75% of the amount, min 20€
option OUR 1% of amount, min 25€
Prva Banka
FX inflows (loro remittances)
-International inflow on FX account- 0.5%
International payments (nostro remittances):
-Nostro remittances (cost option "BEN" / "SHA")
currency same day fee 0,50% min. 30,00 €
currency 24 hours fee 0,30% min. 20,00 €
currency 48 hours fee 0,20% min. 10,00 €
-Nostro remittances (cost option "OUR")
currency same day fee 0,60% min. 40,00 €
currency 24 hours fee 0,40% min. 35,00 €
currency 48 hours fee 0,30% min. 30,00 €
Addiko bank
FX inflows (loro remittances)
up to 100€ – no fee
from 100,01€ up to 3.000€ – 0,5%, min 5€
from 3.000,01 up to 50.000€ – 0,25%, min 10€
from 50.000,01€ – 0,10%, max 300€
International payments (nostro remittances):
0,4 % of amount +10 € Our
Hipotekarna Banka
FX inflows (loro remittances)
International inflow on FX account- free of charge
International payments (nostro remittances):
- for amounts up to EUR 1,000€ - fix. 10€
- for amounts from EUR 1,000€ to EUR 20,000€ - fix. 20€
- for amounts over EUR 20,000€ - 0,1% of the amount
updated: February 2019
