International Payments (NOSTRO remittance)

NOSTRO remittance represents an international payment instrument which enables clients to execute transactions (make payments) to beneficiaries abroad.

Advantages:

  • A simple and cheaper way to realize foreign payments
  • Basis on which the payment is made,
  • Foreign currency account instructions of the foreign beneficiary. Full instructions include submitting accurate data (IBAN, SWIFT CODE, full address, details of payment),
  • Filled out and signed Foreign Payment Order.
Receiving money from abroad (LORO remittance)
LORO remittance represents an international payment instrument by means of which Clients collect their international receivables or execute other international inflows (earnings, pensions, legacies, presents, etc).
In order to carry out LORO remittance, the Client does not need to go to the Bank or submit certain documents but the Bank informs the Client on the inflow from abroad.
There is no fee for receiving funds to foreign currency accounts of natural persons.
Incasso cheques
In addition to above instruments of foreign payment the Bank also does incasso cheques. Fees are subject to the Fees Policy of the Bank and they are charged in advance.
Making International Payments via E-banking
Prva banka CG nudi ti usluge elektronskog bankarstva kojima se eliminišu troškovi, povećava efikasnost i omogućava obavljanje novčanih transakcija bez odlaska u Banku. Za više informacija posjetite stranicu Elektronsko bankarstvo za fizička lica.
Correspondent Banks
Correspondent banks through which Prva banka CG carries out international payments (SWIFT code: PRVAMEPG) are worldwide renowned and successful financial institutions.