Montenegro joins SEPA

Yes, Montenegro officially joined the Single Euro Payment Area (SEPA) on November 21, 2024, becoming one of the first countries in the Western Balkans to be included in the geographical scope of SEPA. This decision was approved by the European Payments Council (EPC) and supported by the European Commission. (European Commission welcomes inclusion of Montenegro and …, The inclusion of Montenegro and Albania in the SEPA payment …)

Since April 2025, Montenegro's financial institutions have started connecting to SEPA payment schemes, including SEPA Credit Transfer (SCT) and SEPA Direct Debit (SDD). This means that individuals and legal entities in the country can make non-cash payments in euros according to SEPA standards, which ensures faster, safer and cheaper transactions.

Joining SEPA helps strengthen Montenegro's financial integration with the European Union, reduces the cost of cross-border payments and increases the efficiency of financial transactions for businesses and citizens.

Thus, since 2025, Montenegro has been fully operating under SEPA, which opens up new opportunities for economic growth and simplifies financial transactions with other European countries.