DNS system


The DNS system executes all payment  transactions at the amount lower than the minimum value of payment transactions that have to be processed in the RTGS system, determined by the regulation adopted by the CBCG.


Basic characteristics of processing payment transactions in the DNS system:


  • Banks are only participants in the DNS system;

  • Have to be participants in the RTGS system;

  • Use of multilateral scheme of reducing mutual obligations to net level;

  • Settlement of net positions is done in the RTGS system;

  • Three clearing cycles within a day;

  • Use of SWIFT MT102 messages;

  • Use of so-called V copy schemes of message processing.


Daily work time schedule of the DNS system


The working schedule of the DNS system is determined by the Daily Work Time Schedule of the DNS system.


Daily work time schedule of the DNS system

Beginning of Day
08:30-09:00
Exchange of payment transaction messages for the first cycle
09:00-11:00
Clearing (the first cycle)
11:00-11:30
Exchange of payment transaction messages for the second cycle
11:30-13:30
Clearing (the second cycle)
13:30-14:00
Exchange of payment transaction messages for the third cycle
14:00-16:00
Preparation for the third cycle
16:00-16:15
Clearing (the third cycle)
16:15-16:30
Stop clearing
16:30-17:30
Rejecting unexecuted messages
17:31-17:35
Creating reports in the RTGS system on net position in the DNS system
17:35-18:00
Archiving
18:00-19:00
End of Day
19:00


Participants in DNS system


No.
Bank
SWIFT BIC
Fixed no.
1
CBCG

CBCGMEPG

907

2

Crnogorska komercijalna banka AD

CKBCMEPG

510

3

Hipotekarna banka AD

HBBAMEPG

520

4

Komercijalna banka AD Podgorica

KOBBMEP2

525

5

NLB Banka AD

MNBAMEPG

530

6

Prva banka Crne Gore - Osnovana 1901. godine

NIKBMEP2

535

7

Erste bank AD

OPPOMEPG

540

8

Podgorička banka AD Podgorica, Member of OTP Group

PDBPMEPG

550

9

Addiko Bank AD

HAABMEPG

555

10

Universal Capital Bank AD

UNCBMEPG

560

11

Lovćen banka AD

LOVBMEPG

565

12

Zapad banka AD

ZBCGMEPG

570

13

ZIRAAT Bank Montenegro AD

TCZBMEPG

575

14

ADRIATIC BANK AD

AZMNMEPG

580