Decision on Statistical Data Submitted to the Central Bank of Montenegro for Balance of Payments Statistics

Unofficially consolidated translation

DECISION ON STATISTICAL DATA TO BE SUBMITTED TO THE CENTRAL BANK OF MONTENEGRO FOR THE PURPOSE OF COMPILING THE BALANCE OF PAYMENTS STATISTICS (OGM 61/12 of 7 December 2012. 24/18 of 18 April 2018) Article 1 This Decision shall regulate the manner and the deadlines for submitting to the Central Bank of Montenegro (hereinafter: the Central Bank) the statistical data on payment and collection in international payment system for the purpose of compiling the balance of payment statistics. Article 2 Statistical data to be submitted to the Central Bank shall cover the amount and purpose of every payment and collection in international payment system transactions exceeding the amount of 1 euro. Article 3 Banks shall submit to the Central Bank daily statistical data on the balance and turnover at the following accounts: a) Group 1000

• Account - 1009 - Funds held with banks abroad (demand deposits) b) Group 1100
• Account - 1127 - Funds in the account, domestic c) Group 2300 (subgroup of accounts 2301-2320)
• Account - 2305 - State banks, residents – non-interest bearing
• Account - 2307 - Private banks, residents – non-interest bearing. In addition to data referred to in paragraph 1 above, banks shall also submit, upon the request of the Central Bank, data on other accounts from the aforesaid groups of accounts and other groups of accounts in the chart of accounts used for the registering of international payment transactions. Banks shall submit to the Central Bank the statistical data referred to in paragraph 1 above no later than 5 days following the expiry of the respective period. By way of derogation from paragraph 3 above, banks shall submit to the Central Bank the statistical data referred to in paragraph 1 above for the last day in a month no later than 10 days following the expiry of the respective period. Article 4 Banks shall submit to the Central Bank ten-day statistical reports on the balance and turnover at the following groups of accounts: a) Group 1000
• Account – 1001 – Cash in vault
• Account – 1012 – Other cash
• Account – 1013 – Coverage under letters of credit with foreign banks
• Account – 1014 – Coverage under guarantees with foreign banks b) Group 2200
• Account – 2202 – Liabilities on custody operations with non-residents

2 c) Group 2300 (subgroup of accounts 2301-2320)

• Account – 2309 – Banks, non-residents – non-interest bearing
• Account – 2310 – Banks, non-residents – interest bearing
• Account – 2315 – Other depository institutions/other financial institutions/companies engaged in financial activity, non-residents – non-interest bearing
• Account – 2316 – Other depository institutions/other financial institutions/companies engaged in financial activity, non-residents – interest bearing d) Group 2300 (subgroup of accounts 2321-2344)
• Account – 2329 – Companies, non-residents - non-interest bearing
• Account – 2330 – Companies, non-residents - interest bearing
• Account – 2333 – Natural persons, non-residents – non-interest bearing
• Account – 2334 – Natural persons, non-residents – interest bearing
• Account – 2341 – Non-government and other non-profit organizations, non-residents – non-interest bearing
• Account – 2342 – Non-government and other non-profit organizations, non-residents – interest bearing e) Group 2300 (subgroup of accounts 2353-2356)
• Account – 2355 – Regulatory agencies, non-residents – non-interest bearing
• Account – 2356 – Regulatory agencies, non-residents – interest bearing f) Group 2300 (subgroup of accounts 2361-2378)
• Account – 2371 – Funds, non-residents - non-interest bearing
• Account – 2372 – Funds, non-residents - interest bearing
• Account – 2377 – Voluntary pension funds – non-residents, non-interest bearing
• Account – 2378 – Voluntary pension funds – non-residents, interest bearing g) Group 2300 (subgroup of accounts 2381-2386)
• Account – 2385 – Insurance/reinsurance companies, non-residents – non-interest bearing
• Account – 2386 – Insurance/reinsurance companies, non-residents –interest bearing h) Group 2300 (subgroup of accounts 2387-2398)
• Account – 2387 – Factoring companies – non-residents, non-interest bearing
• Account – 2388 – Factoring companies – non-residents, interest bearing
• Account –2393 – Micro-credit financial institutions, non-residents, non-interest bearing
• Account – 2394 – Micro-credit financial institutions, non-residents, interest bearing
• Account – 2397 – Ancillary financial institutions, residents, non-interest bearing
• Account – 2398 – Ancillary financial institutions, residents, interest bearing i) Groups 2400, 2410, 2420 (subgroup of accounts 2401-2422)
• Account – 2403 – Banks, non-residents – non-interest bearing
• Account – 2404 – Banks, non-residents –interest bearing
• Account – 2407 – Other depository institutions, non-residents – non-interest bearing
• Account – 2408 – Other depository institutions, non-residents –interest bearing
• Account – 2411 – Other financial institutions/companies engaged in financial activity, non-residents – non-interest bearing
• Account – 2412 – Other financial institutions/companies engaged in financial activity, non-residents –interest bearing
• Account – 2417 – Companies, non-residents - non-interest bearing
• Account – 2418 – Companies, non-residents - interest bearing
• Account – 2435 – Private funds, non-residents – non-interest bearing
• Account – 2436 – Private funds, non-residents –interest bearing

3

• Account – 2439 – Natural persons, non-residents – non-interest bearing
• Account – 2440 – Natural persons, non-residents –interest bearing
• Account – 2443 – Non-government and other non-profit organizations, non-residents – non-interest bearing
• Account – 2444 – Non-government and other non-profit organizations, non-residents – interest bearing In addition to data referred to in paragraph 1 above, banks shall also submit, upon the request of the Central Bank, data on other accounts from the aforesaid groups of accounts, as well as data from accounts of other groups of accounts used for the registering of international payment transactions. Banks shall submit the statistical data referred to in paragraph 1 above no later than 5 days following the expiry of the respective ten-day period. By way of derogation from paragraph 3 above, banks shall submit to the Central Bank the statistical data referred to in paragraph 1 above for the last ten-day period in a month no later than 10 days following the expiry of the respective ten-day period. Article 5 Banks shall submit the statistical data referred to in Articles 3 and 4 herein in electronic format. Article 6 The Central Bank shall, if needed, provide additional clarifications and guidelines with regard to the submission of the statistical data in accordance with this Decision. Article 7 Deleted. (Decision on statistical data to be submitted to the Central Bank of Montenegro for the purpose of compiling balance of payments of Montenegro (OGM 24/18). Article 8 The Decision on statistical data to be submitted to the Central Bank of Montenegro for the purpose of compiling the balance of payments of the Montenegro (OGRM 76/05) shall be repealed as of the day this Decision enters into force. Article 9 This Decision shall enter into force on the eighth day following that of its publication in the Official Gazette of Montenegro. THE COUNCIL OF THE CENTRAL BANK OF MONTENEGRO