In line with the global trends, IBM developed a range of modern current, drawing and foreign currency accounts in line with your wishes and needs. In Invest Bank Montenegro AD you can open the following types of accounts:

• Current account
• Drawing account  
• Foreign currency account 

Current account

Opening a current account with IBM simplifies your finances, saves your time and money.

Advantages of current accounts:

• Allowed overdraft on current account 
• Bank can approve overdraft based on the three months average regular income, in accordance with the Decision on limits.
• Allowable overdraft is approved with a 6 months deadline and is automatically renewed for all customers with regular business activities

Bank calculates interest rate on the current account funds according to the Decision on interest rates. Interest rate on allowable overdraft on the current account is ….%.

• Report on changes on the current account are sent monthly to home address 
• Possibility to authorized persons to use the current account (two persons)  
• Use of permanent order

Who can open a current account in IBM?

• Each off age person with business capacity and regular income on the current account
• Under aged person with permanent employment, who has an ID card

IBM can open a drawing account to all local and foreign private individuals.

Upon opening of a drawing account, the owner may authorized at most two private individuals to  manage the funds on the drawing account.

IBM allows the owners of drawing accounts to manage the funds by using following instruments:

• Request to pay into the account
• Payment request (to take money off the account) 
• Transfer request 
• Permanent order

Foreign currency account

Foreign account is an account onto which one can deposit funds, raise funds, pay or transfer funds according to the foreign currency regulations.

You can deposit foreign currency funds in IBM as:

• A vista deposit 
• Short term deposit (less than one year) 
• Long term deposit (more than one year)