Opening a Bank Account in Montenegro

How to open a bank account in Montenegro

It is easy to open a bank account in Montenegro banks. You will need to apply with your passport and sign the necessary documents provided by the bank. There is a monthly fee to keep your account active which differs from bank to bank. Minimum fee is 0,3 Euro and maximum is 1 Euro per month.

The banks mostly preferred to open a bank account by the non-residents are Erste Bank, The First Bank, Lovcen Bank, Hipotekarna Bank and NLB Bank.

Banks in Kotor

• Crnogorska komercijalna banka – is open from Tuesday to Friday between 8am and 4pm. On Mondays between 8am and 5pm. On Saturdays between 8am and 1pm.

• Hipotekarna banka AD is open from Monday to Friday between 8am and 4pm. On Saturdays between 8am and 1pm.

• Podgoricka banka Societe Generale Group AD – is open from Monday to Friday between 8am and 3pm. On Saturdays from 8am till 1pm. 

• Lovcen Banka – is open from Monday to Friday between 8am and 4pm. On Saturdays between 8am and 1pm.

• Addiko Bank - is open from Monday to Friday between 8am and 4pm. On Saturdays between 8am and 1pm.

• Prva Bank - is open from Monday to Friday between 8am and 4pm. On Saturdays between 8am and 1pm.

• Erste Banka –is open from Monday to Friday between 8:30am and 3:30pm. On Saturdays between 8:30am and 12:30pm.