Friday , April 29th, 2022.
As you are already aware, the Government of Montenegro adopted a package of restriction measurements against Russia on April 8, 2022, and the banking system of Montenegro (including our bank as an integral part of it) is being obliged to apply them, as prescribed by the relevant decisions.
If case that you obtained a valid permanent or temporary residence permit issued in Montenegro or in any state – member of EU, the restriction do not refer to you. In addition, we kindly ask you to submit it to the bank as soon as possible (in case that you did not in the previous period.)
If you are a Russian citizen or you have a residence permit issued in Russia (and do not have a valid permanent or temporary residence permit in Montenegro or in any state – member of EU ), the restrictions refer to you and in which case please pay attention to the following:
- Your balance over all accounts with our bank must not cumulatively exceed the amount of 100.000,00 eur, nor are you allowed to receive inflows in the amounts higher than 100.000,00 eur whether these incomes come from foreign-international or Montenegrin-domestic banks.
- In case that the balance over your accounts cumulatively has been exceeded the amount of 100.000,00 eur before the introduction of restrictive measures, these deposits are not subject of the restrictions, and you may dispose with it, but must not increase the existing balance.
Beside of all precautions, if the above mentioned conditions are met, the funds will be returned to the sender's account. Therefore, we ask you to make every effort to avoid it, primarily in our best attention to protect your interest as our esteemed client.
Thank you in advance for your kind cooperation, with warm wishes to overcome this challenging period as quickly as possible, using joint efforts.
HIPOTEKARNA BANKA AD