We had the goal of responding to the demands the latest trends in the market and we introduced the investment banking business in our offer. If you own securities or intend to purchase them, the custody bank will take care of your securities and provide financial asset retention services, control of the balance and turnover, reporting of any changes that relate to the portfolio.

  • Opening and management of securities account with the Central Depository Agency in the name of and on behalf of legal holders – Clients (proprietary account of the Client),
  • Opening and management of securities account with the Central Depository Agency in the name of and on behalf of legal holders – Clients, or in the name of Clients who are not legal owners of those securities, and on behalf of legal holders (omnibus custody account),
  • Trade in securities on domestic and foreign stock exchanges,
  • Trade through proprietary and omnibus custody accounts,
  • execution of orders for transfer of rights regarding securities and orders for registration of rights of third parties to securities and taking care of transfer of rights from these securities,
  • Collection of receivables from issuers regarding due securities, interests and dividends on behalf of legal holders of these securities and taking care of exercising of other rights of legal holders of the securities who are its Clients,
  • Notification of the shareholders on annual general meetings of joint stock companies and their representation in those meetings, by attorney,
  • With the authority of the Client, taking care of settlement of tax liabilities of the Client with respect to securities, the legal holder of which is the Client,
  • Enabling all means of communication with the Client and informing: directly, by telephone, fax, e-mail, via SWIFT,
  • Performing other services determined by the agreement in accordance with law and business operations rules of the custody bank.

Process of netting of purchase/sale of securities lasts 3 working days („T+3“) from the trading day.

  • Decision on company registration with the Commercial Court,
  • Document on tax identification number (PIB) by the Tax Authority of Montenegro),
  • Act of foundation,
  • Company Charte,
  • OP form (validation of the signature),
  • A card of the deposited signatures,
  • Other documentation determined by the Bank.
  • A verified copy of certificate on registration with apostille, verified translation into official language of Montenegro,
  • Where an account is to be opened by a representative, then a letter of authorization for representation of a foreign corporate client should be submitted,
  • If an authorization is made in a foreign language, then it should be submitted as a verified translation into official language of Montenegro,
  • A card of the deposited signatures,
  • Verified copies of passports of owners, legal representatives and authorized persons,
  • Other documentation determined by the Bank.