Illustration, Photo: CBCG
The Central Bank of Montenegro (CBCG) today, on behalf of the state, formally submitted a request to join the Single Euro Payment Area (SEPA), making a key step towards the further development and integration of the Montenegrin financial system into the European economic and market space, it was announced from these institutions.
The CBCG emphasized that Montenegro’s membership in SEPA will bring benefits for Montenegrin citizens and the economy, including a multiple reduction of costs, shortening of transaction times and…