2026-08-04

Added

Decision Amending the Decision on Core Elements of the Payment Orders for Executing National Payment Transactions Through Transaction Accounts

The Council of the Central Bank of Montenegro amends Annex 2 of the Decision on Core Elements of the Payment Orders for Executing National Payment Transactions Via Transaction Accounts by updating the content of column no. 14. The revised text defines the urgency indicator as identifying transfers processed through the instant credit transfer system, specifying that it is optionally populated by the payer and entered for the payee only upon request for RTGS execution. This Decision enters into force on the day of its publication in the Official Gazette of Montenegro.

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Pursuant to Article 44 paragraph 2 item 3 of the Central Bank of Montenegro Law (OGM 40/10, 6/13, 70/17, 125/23) and Article 66 of the Payment System Law (OGM 62/13, 111/22, 15/25, 140/25, 103/26), the Council of the Central Bank of Montenegro, at its meeting held on 17 July 2026, passed the following DECISION AMENDING THE DECISION ON CORE ELEMENTS OF THE PAYMENT ORDERS FOR EXECUTING NATIONAL PAYMENT TRANSACTIONS THROUGH TRANSACTION ACCOUNTS Article 1 In the Decision on Core Elements of the Payment Orders for Executing National Payment Transactions Via Transaction Accounts (OGM 48/14), in Annex 2, the column under no. 14 shall be amended to read: “ “ Article 2 This Decision shall enter into force on the day of its publication in the “Official Gazette of Montenegro”. THE COUNCIL OF THE CENTRAL BANK OF MONTENEGRO Decision number: 0101-5744-3/2026 CHAIRPERSON Podgorica,17 July 2026 GOVERNOR

Irena Radović, m.p. 14. Urgency indicator The urgency indicator in the payer’s order identifies the transfer as being processed through the payment system for the execution of instant credit transfers and is optionally populated by the payer when transferring funds. The urgency indicator in the payee’s order shall be entered when the payee requests the execution through RTGS system. The field with the urgency indicator shall be populated optionally when transferring the funds. Entered by the payer/payee. The character X is entered in the designated field. S