Bank accounts

In total, 11 banks are registered in the country, the full list is available on the website of the Central Bank of Montenegro. Deposits and accounts are insured by the state Deposit Protection Fund up to 50,000 euros in each bank.

The following banks actively work with individuals:

List of banks in Montenegro

Name	Site
Addiko Bank	addiko.me
Erste Bank	[1]
CKB banka	[2]
Hipotekarna Bank	hipotekarnabanka.com
Lovćen banka	lovcenbanka.me
NLB banka	[3]
Prva banka Crne Gore	[4]
Ziaraat Bank	ziraatbank.me

Account opening

An account can be opened for a foreigner only if he/she has residency — Permit and above.

USA citizens may have issues opening bank accounts due to the extensive extra paperwork their government requires from the banks, if they open an account for an US-citizen. It may help to try a different branch of the same bank. Trying different banks, may also help.

Notes on various occasions:

Addiko Bank

refused to open an account for a Russian citizen with a residence permit.

"We are a Turkish bank, citizens of Russia and Belarus do not open for political reasons" --CblP (talk) 20:49, April 1, 2022 (CEST)

CKB

used to open to those working without Montenegro ID, recently stopped --CblP (talk) 20:49, April 1, 2022 (CEST)

Hipotekarna

opens an account in Budva even without a residence permit. Although this seems to depend on the individual employee.

in the Bar they said that they can open an account without a Montenegro ID if there is a job as a stable source of income --CblP (talk) 20:49, April 1, 2022 (CEST)

Erste

does not open an account without a residence permit, does not open an account for citizens of the Russian Federation even with a residence permit

Lovcen Bank

does not open an account without a residence permit