Ziraat Bank Montenegro provides all services related to payment transactions abroad in a fast, high-quality and secure way with competitive tariffs. Services are provided from all legal and private entities engaged in the registered activity in accordance with the regulations and the agreement on account opening and managing concluded with the bank
International payment operations are executed through the accounts of the Ziraat Bank Montenegro and correspondent banks abroad. It is our pleasure to offer you our services ensuring that all payments received from abroad are credited to your account on the same date.
All payments with secured cover and paid fee as well as necessary documentation:
- received by 14:30 p.m., shall be executed on the same day value date T+0
- received after 14:30 p.m., shall be executed with value date T+1
The fees for this type of work will be charged in accordance with the Bank's fees.
Request for international payment transaction
Below you can download the form of request for international payment.
The form is available in three languages (Montenegrin, English and Turkish).
This form can be used by the client when initiating an international payment transaction.
Documentation required for opening of foreign currency accounts for resident legal entities
1. Decision on registration – registration with the Central Registry of Commercial Subjects (CRPS), i.e. Registration act with another competent authority if the registration is required;
The Decision shall not be older than three months, except in the case where there was no change in the solution compared to the one that has been downloaded from the website of CRPS.
2. Incorporation act from a competent authority if the registration is not required;
3. Extract from the law, if the incorporation is done by the law itself, i.e. if the registration is not required with the Central Registry of the Commercial Court (CRPS) or a competent authority.
4. Evidence of classification of business activities;
5. Act of registration with a competent tax authority containing tax identification number of the applicant, if such registration is required;
6. Act on appointing the person authorized for representation of the applicant, if such person was not appointed in the registration act, i.e. the law or other regulation under which the entity is incorporated;
7. Certification of signature of authorized person who submits the request – OP form;
8. Memorandum of Association, if required by the law;
9. Photocopies of identification documents of all natural persons stated in the registration data (CRPS) – founders, authorized persons, and the persons authorized to sign the Signature Specimen Form.
Other documentation can be obtained at the Bank:
1) Application for Opening of the Account
2) The Signature Specimen Form
(Mandatory personal presence of the signer. Signatory may be all persons that the legal representative of the business entity shall be appointed to manage the funds in the account)
3) Framework Agreement
- General Terms and Conditions for transaction accounts of Legal Persons and Entrepreneurs.
- Decision on Bank's Tariffs for Service Fees
- Bank's Exchange Rates applicable on the day of its implementation
- Time Schedule for the execution of payment transactions
- Agreement on Opening and Managing the Transaction account with Ziraat Bank Montenegro.
4) „Form for identification of politically exposed persons“ (PEL form)
5) Form“ Data on founders of legal entity the account is being opened for"
6) Form “Data on founder – legal entity and its founders – natural and legal persons (data on the founder's founder)”.
7) Data on the persons that shall collect the statements from the Bank and submit the Orders for Execution to the Bank (one copy for every account)
Documentation required for opening of foreign currency accounts of non-resident legal entities
The request for opening of foreign currency accounts of non-resident legal entity is required following documents:
1) Evidence of entry with the competent Registry of non-resident legal entity from the country of its registered headquarters or, if such country does not require the registration, other valid document of incorporation in accordance with the regulations of the country of its headquarters based on which it is possible to establish the legal organization of such non-resident and the date of incorporation.
The document shall be submitted as original or a certified copy of the original document translated into Montenegrin, not older than three months.
2) Certified signature of the authorized person of the applicant;
3) Signature Specimen Form of the persons authorized to sign the payment orders, signed by the authorised person from the registration act of non-resident legal entity in the country of its headquarters and by the person to whom the authorized person passed the right to sign, i.e. from another valid act of incorporation certified by a stamp that shall be used for authorization of payment orders.
Other documentation can be obtained at the Bank:
- Form for identification of politically exposed persons“ (PEL form)
- Form“ Data on founders of legal entity the account is being opened for"
- Form “Data on founder – legal entity and its founders – natural and legal persons (data on the founder's founder)”.
- Data on the persons that shall collect the statements from the Bank and submit the Orders for Execution to the Bank (one copy for every account).
All other information you can be obtained on the phone: +382 20/442 200