UNIVERSAL CAPITAL BANK, BIC/SWIFT Code Details
Address: STANKA DRAGOJEVICA BB, PODGORICA 81000 MONTENEGRO
General instructions for international payments to banks in MONTENEGRO: Overview
Information provided by the Beneficiary: Remitter should obtain all required bank information from the Beneficiary (e.g. SWIFT BIC, IBAN, and beneficiary bank address). For additional information, please refer to the Central Bank's website at www.cbmn.org/eng.
Country Requirements/Restrictions
Montenegro has adopted the Euro as its official currency, despite not being a member of the European Union (EU).
Payment Formatting Rules for EUR
Ordering Customer (SWIFT MT103 F50): Include account number, full name (no initials), and address of the ordering customer. Use of initials can delay receipt of funds by the beneficiary.
Beneficiary Customer (SWIFT MT103 F59): Include account number (IBAN), full name (no initials), and address of the beneficiary customer. Use of initials may delay receipt of funds by the beneficiary. IBAN numbers for beneficiaries with accounts in Montenegro must be included in the payment instructions.
Beneficiary Bank (SWIFT MT103 F57): Include SWIFT BIC with branch identifier (where required), full name, and address of the beneficiary bank. SWIFT BIC is 8 or 11 alphanumeric characters: xxxxMExx or xxxxMExxxxx.
IBAN: In Montenegro, the IBAN consists of 22 characters. The structure is ME2!n3!n13!n2!n. The IBAN should be written in electronic format as a continuous string such as ME98123456789123456789 or in print format like ME98 1234 5678 9123 4567 89.
Standard Settlement Instructions (SSI) contain the list of correspondent banks of UNIVERSAL CAPITAL BANK for each currency.
To track a SWIFT cross-border payment to or from UNIVERSAL CAPITAL BANK, you need a UETR code, reference number, amount, payment date, and currency. This information is typically found in an MT103 form.
We are doing our best to demystify cross-border payments, however TrackMySwift is not responsible for any delays or losses related to usage of the information and services from our web site. Please contact your banks to receive a safe advise. Country-specific payment instructions have been prepared based on Global Wires Payments Formatting Requirements Guide from J.P.Morgan.