Why Choose Montenegro?

• EU and International Friendly: Accounts are available for residents and non-residents from Europe, UK, USA, Canada, Middle East, and Asia.
• Remote Setup: Open your account without needing to travel to Montenegro.
• Eurozone Benefits: Montenegro uses the Euro, allowing you to benefit from the protections and stability associated with European banking regulations.

About Our Provider

• Regulated Entity: Operates under the regulations of the Central Bank of Montenegro, ensuring secure and compliant financial services.
• Established Company: Adriatic Bank was established in 2016, providing reliable services and a strong international presence.
• Comprehensive Banking Services: Offers a full range of banking services, including commercial, transactional, and investment banking.
• International Reach: Facilitates transactions and services for clients from Europe, UK, USA, Canada, Middle East, and Asia.
• Online Access: Manage your account through a secure web-based application.
• Payment Services: Authorized to offer a wide range of payment accounts and services, ensuring efficient transactions.

Key Benefits

• Integration: Connect your account with platforms like eBay, Amazon, PayPal, and GoCardless.
• Accounting Software Compatibility: Compatible with major accounting software for seamless financial management.
• Direct Debit: Utilize direct debit facilities for seamless transactions.
• Global Access: Manage your account from anywhere in the world.
• Competitive Fees: Enjoy low account fees, details available upon request.
• Multiple Currencies: Accounts can be opened in EUR, USD, CHF, GBP, CAD, AED, RUR, and more.

Account Features

• Currency Options: Accounts available in multiple currencies, including EUR, USD, CHF, GBP, CAD, AED, and RUR.
• Remote Setup: No need to visit Montenegro; open your account via email and phone.
• Quick Processing: Accounts are typically opened within 1-2 working days after document verification.
• Online Banking: Manage your finances through a robust online platform.
• Direct Debit Card: Linked to both sterling and euro accounts.
• Transaction Limits: Supports payments within the SEPA region, following IBAN and BIC standards.

Comprehensive Banking Services

• Credit and Investment Services: The provider offers credit loans, overdrafts, and various investment services.
• Eurozone Protection: Enjoy the security and protections offered by European banking regulations due to Montenegro's use of the Euro.

Eligibility Requirements

• General Eligibility: Available for residents and non-residents from Europe, UK, USA, Canada, Middle East, and Asia.
• Restrictions: No accounts for sanctioned individuals or transactions related to sanctioned goods. Limitations for UBOs who are citizens of the Russian Federation without EU, EEA, CH, or Montenegrin residency, with a maximum account balance of 100,000 EUR or equivalent.

Required Corporate Documents

To open an account, notarized or apostilled corporate documents are necessary, including:

• Certificate of Incorporation
• Memorandum and Articles of Association (or equivalent)
• Register of Directors and Shareholders/Members
• Share Certificates
• Six months of bank statements (for established businesses)
• Ownership structure/diagram

We assist in obtaining and certifying these documents. For companies over a year old, a Certificate of Good Standing is required, which we can help you acquire.

Required Personal Documents

Each officer, beneficial owner, and authorized signatory must provide:

• Certified copy of a valid passport
• Certified utility bill (dated within the last 2 months)
• Recent bank reference letter (for company's other bank accounts)
• Recent bank reference letter (for UBO bank accounts)
• Examples of invoices and agreements (for both supplier and customer end)

Account Opening Fees

• Fee for European Companies: EUR 1,500
• Fee for Middle East and Asian Companies: EUR 3,500