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On July 9, 2025, the Central Bank of Montenegro (CBCG) unveiled a significant package of payment reforms designed to remove friction in the movement of money, accelerate both domestic and cross-border transactions and further align the country’s payment landscape with the integration of the Single Euro Payments Area (SEPA). The reforms bring three headline changes for banks: stricter caps on SEPA credit transfer fees; extended payment system operating hours (including weekend processing); and a streamlined, lower tariff structure for CBCG settlement services. Together, these measures signal a clear shift towards cost reduction, operational efficiency and increased service availability. These themes will reshape pricing strategies, settlement processes and competitive positioning in Montenegro’s payments market.

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