Guide to Montenegro bank charges June 2014

Bank transfer charges from abroad to an individual’s private account in Montenegro are as follows:

(These are the charges of local Montenegrin banks only. There are additional costs levied by the sender’s bank.)

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CKB bank

Up to 3.000 EUR – 1% or 3 EUR minimum

From 3.000 EUR to 50.000 EUR – 0,5%

From 50.000 EUR – 0,3%

ERSTE bank

0,45% or minimum 10 EUR

NLB bank

0,5% or minimum 2 EUR

Prva Banka

0,2 % flat rate

Societe Generale Montenegro

Up to 2.500 EUR – 15 EUR

Over 2.500 EUR – 0,6% (0,3% from Serbia)

Hypo Alpe Adria

0,3 %

minimum charge is 5 EUR,

maximum charge is 1,500 EUR

Atlas Mont Banka

From 0 to 249,99 EUR – 1 EUR

From 250 to 499,99 EUR – 3 EUR

From 500 to 999,99 EUR – 5 EUR

From 1.000 to 4.999,99 EUR – 10 EUR

From 5.000 to 9.999,99 EUR – 15 EUR

From 10.000 to 24.999,99 EUR – 0,75%

From 25.000 to 49.999,99 EUR – 0,6%

From 50.000 up – 0,5%

Hipotekarna Banka

No charges to receive money from abroad

Please note that bank charges to send money from Montenegro to abroad are different.