Opening an Account with Montenegro's Zapad Banka
Zapad banka AD Podgorica is a universal bank that provides its clients with a wide range of banking services. Instead of a standardised approach to client needs, the bank strives to develop and provide personalised services tailored to their specific needs.
Business processes at the Bank are organised so that clients can manage their funds in a simple and efficient way.
The main goal of Zapad banka is to build strong, harmonious relationships with clients, pay attention to their needs and continuously develop itself and its business for the benefit of all.
Combined with the professionalism and dedication of our staff, our Bank is a unique banking partner with an extensive portfolio of banking services, such as domestic and international payment operations, loans, guarantees, deposits, e-banking, card business, forfaiting, financial leasing, exchange operations and other services.
Cost of account opening support
500 EUR
Account types
- Multi-currency
- Personal and corporate
Account opening cost (bank fee)
- preliminary review of the company's documents for account opening – 200 EUR
- for legal entities registered in group A countries – 4700 EUR
- for legal entities registered in group B countries (all countries not included in group A) – 2100 EUR.
The account opening fee includes the first 6 months of account maintenance.
- for individuals – 540 EUR
- for sole proprietors – 740 EUR.
Bank presence in other countries
Representative offices in Ukraine and Austria
Service fees
Account maintenance fees:
- for legal entities registered in group A and B countries, from the 1st to the 6th month – no fee charged
- for legal entities registered in group A countries, starting from the 7th month – 150 EUR/month
- for legal entities registered in group B countries (all countries not included in group A), starting from the 7th month – 50 EUR/month
- for individuals — from the 1st to the 6th month free of charge
- for individuals — from the 7th month – 15 EUR/month
- for sole proprietors — from month 1 to 6 free of charge
- for sole proprietors — from month 7 – 25 EUR/month.
Transfer fees for legal entities (in EUR):
- standard – 35 EUR
- express – 50 EUR.
Transfer fees for legal entities (in USD):
- standard – 0,1% of the amount (min 80 EUR, max 200 EUR)
- express – 0,1% of the amount (min 100 EUR, max 400 EUR).
Account maintenance fee for individuals – 15 EUR/month.
Transfer fees for individuals and sole proprietors (in EUR):
- standard – 35 EUR
- express – 50 EUR.
Transfer fees for individuals and sole proprietors (in USD):
- standard – 90 EUR
- express – 130 EUR.
Account opening time
30 days
Banking products
- The bank provides a standard range of banking services:
- Current accounts
- Deposits
- Loans
- Payment cards
- E-services
- Documentary and guarantee operations
- FX operations.
Staff
Staff speak Russian, English, Montenegrin and Serbian
Account management
Account management via online banking.