---

01/06/2022

The Central Bank of Montenegro (CBCG) has improved the method of accessing data published within the enforced collection procedure. Users have been provided with electronic insight into the history of available enforced collection data reports since February 2016, including the latest available data.

Moreover, it is possible to check the history of data on the frozen funds’ value of legal entities or entrepreneurs individually, on the last day of the month, starting from February 2016 until the latest available data. Search engines can be found at the link.

Under the Payment System Law (“Official Gazette of Montenegro” Nos. 62/13, 6/14), the CBCG is obliged to publish data concerning the enforced collection procedure, namely the names of legal entities and entrepreneurs, their registration numbers, amounts of funds frozen on the account and the number of days of uninterrupted account freezing.

The CBCG publishes these data monthly, with a with a balance breakdown on the last day of the month.