As a foreigner who has just arrived in Montenegro to open a business, there are many reasons why opening a local bank account should be one of the first things to check your to-do list.
This guide is only for foreigners in Montenegro. None of this applies to you if you’re a Montenegrin national. This is because the rules and standard practices that are applied to the Montenegrins are vastly different from those that are applied to foreign nationals – EU or otherwise.