I would just like to flag the issue of using a bank card from a Montenegrin bank in another Montenegrin banks ATM and the charge involved.I have used a card 3 times to withdraw cash recently from an ATM and the fees associated with the withdrawals of 1,500 euro were 37.50 euro this works out at 2.5% . Please make sure that if you are using your bank card any charges involved if not using it on a machine from your own bank.
BANK CHARGES IN MONTENEGRO
kumbor
24 August 2016 17:42:44
106
Tsarine
25 August 2016 14:44:12
422
Which bank was that?
I am using Erste, and I think the fee for withdrawing from another bank or checking your balance, is a fixed fee under 1€.
kumbor
25 August 2016 16:17:45
106
Yes erste bank is the bank 12.50 Euro charge for withdrawal of 500 euros from NLB ATM .
kumbor
25 August 2016 16:19:09
106
Erste bank will give you a full list of their charges on line
Monte-tina
25 August 2016 22:12:43
100
A friend withdrew money from a CKB ATM with his NLB card and they took 6e for a 100e withdraw! Disgrace!
ANyway...if you have an NLB card, withdrawal from their ATM is free, counter charges are about 0.30c on a minimum or so..
kumbor
25 August 2016 22:30:15
106
It seems that the best practice is to just use your card in the ATM of your own bank,or else withdraw the money over the counter.
Monte-tina
26 August 2016 10:05:31
100
ATM withdrawals from your bank's ATM, that's the best bet.
I wonder about over the counter withdrawals in other banks. I am sure they charge a lot for that as well.
kumbor
26 August 2016 11:29:22
106
I am not sure about the charges for over the counter transactions in other banks,but I would recommend getting a list of your own bank charges .
Subscribe to this topic
Articles to help you in your expat project in Montenegro
Freelancer's paradise
Mildest climate, friendly people, good service, overall safety, warm sea and breathtaking mountains all come in ...
Real Estates F.A.Q.
1. Do I need lower or consultant to buy real estates in Montenegro.
Open a bank account that suits you
Discover the best international banks to manage your money securely.
"