Erste bank AD is part of the Austrian bank Erste Group, the largest banking group in Central Europe with more than 17 million customers. It focuses its activities on supporting entrepreneurship and developing private business
Founding date
2002
Account Opening Terms
Recommendations
Not required
Description of activity
Required
Account type
Personal, corporate, savings
Accounts types
Personal, corporate, savings
Required documents
Standard package of documents: photocopies of the company's apostilled constituent documents, photocopy of the passport of director/trustee/beneficiary, description of the client's business, completed application form, certificate of tax resident. All documents, except passports, must be translated into Montenegrin language
Transaction speed
2-3 days
Minimum balance
0
Initial founding fee
0
Account opening nuances
No
Account opening, possibility
Calculated and perceived
Cost and nuances of account maintenance
Translation cost
2500 EUR and more — 0,6%
Enrollment fees
Free of charge
Account maintenance cost
2 EUR per month
Law&Trust International offers free general consultation for this issue.
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