Opening a bank account for your Montenegro company
Opening a bank account in Montenegro for a foreign-owned company: we prepare the documents, you choose the bank and go in person.
How the bank account step works for a business in Montenegro
The company is registered first
The bank needs the registration decision, the founding documents and the data of the owners and the director. See the registration timeline.
We prepare the bank documents
The preparation of documents for the bank is included in the €1,050 package.
You choose a bank and visit it
As a rule, the visit takes place after the director’s permit is obtained. The bank does its own checks.
The account is opened
As a rule, it takes 15–25 days (2–3 weeks).
What the bank checks
The bank asks who the owners are, where the money comes from and what the company does. Be ready to explain the activity of the company and the source of funds in clear terms.
Last reviewed: 3 October 2026. Practice differs by bank and changes over time.
Frequently asked questions
Do you open the bank account for me?
No. We prepare the documents; you choose the bank and visit it in person. As a rule, you go to the bank after the director’s residence permit has been obtained.
How long does it take to open a business account?
As a rule, 15–25 days (2–3 weeks) after you submit the documents to the bank.
Which banks work with foreign-owned companies?
In our practice most banks in Montenegro work with companies of foreign owners. The choice is yours; we help you prepare the documents the bank asks for.
Can the bank refuse?
Yes. The bank decides after its own checks, including the source of funds and the activity of the company. We cannot guarantee that an account will be opened.
Talk to a licensed accountant
Write to us on WhatsApp: tell us your situation and we will say which route fits, what it costs and what we need from you.
Budva: Filipa Kovačevića 41, Budva, Montenegro
Podgorica: ul. 8 Marta bb, Podgorica, Montenegro
Visits by appointment
+382 68 515 555