Services and Fees

The Brokerage Department employs professionals with extensive experience in capital markets providing our clients the best service in the field of shareholding in Montenegro and abroad. Among other things, our brokerage department clients can benefit from the following services:

  • opening securities account in CDA
  • purchase and sale of securities in Montenegro (Montenegroberza Stock Exchange)
  • providing information on trends in the securities market
  • consulting in the area of capital market
  • informative and educational functions

Our team is always available to all existing and potential clients for any questions and advice related to the capital market in Montenegro, and we always make the best effort to satisfy the needs and demands of our clients, who are always the number one priority in our bank.

The bank will charge the following prices for its services related to buying and selling securities:

 

(I) INTERMEDIARY SERVICES IN BUIYNG AND SELLING SECURITIES

BASIS

1. IN THE PRIMARY MARKET

For intermediation in the primary market, related to brokerage operations, the bank will charge its clients as per agreement.

2. IN THE SECONDARY MARKET

(a) Realising orders to client’s benefit and concluding transactions with individual value of up to €2,500.00
TRANSACTION €10.00

(b) Realising orders to client’s benefit and concluding transactions with individual value exceeding €2,500.00
TRANSACTION 0.5%

 

(II) OTHER SERVICES

Transfer of securities from the bank’s depository to the central registry (at the client’s request)
SYMBOL NO FEE

REMARK * Fees presented on this pricelist include net brokerage fees plus Montenegroberza stock exchange and Central Depository Agency’s fees.

 

(III) INVESTMENT CONSULTING SERVICES

Investment Consulting Services Min. EUR 500.00

Max. EUR 10,000.00

 

**The bank retains the right to change these conditions.

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