CBCG Signs an Agreement on Participation in the Clearing of Payments in Foreign Exchange with UCB


22/11/2023

The CBCG has signed an Agreement on Participation in the Clearing of Payments in Foreign Exchange with Universal Capital Bank (UCB).


From the CBCG’s point of view, this has completed the process required for including UCB in the clearing of payments in foreign exchange between Montenegro, the Republic of Serbia and Bosnia and Herzegovina.


The CBCG has completed all the activities required to start the clearing of payments in foreign exchange.


The start of using this payment system will depend on the UCB’s business decision.