CKB

Customs guarantees

  • Facilitate easier and faster import of necessary goods
  • Years-long experience
  • Largest client base
  • Wide range of quality bank guarantees
  • Professional client relations

Product description

By customs guarantees, the Bank guarantees to the Montenegrin Customs Administration for regular settlement of obligations under excise duties, taxes, customs debt and other levies by the Banks client, depending on the customs process. These guarantees may be used as security for the payment of some services goods warehousing, goods transit, active and passive improvement of goods.


Customs guarantee may be issued as collective or individual. Collective guarantee is issued for one-year period and refers to the total value of goods for a given period, while individual one may be used only for one, particular import transaction.


The product is intended for all legal entities whose operations include import of goods, either as their basic or supporting activity.

Product price

For this guarantee, the Bank will charge its clients a minimum fee for issuing a guarantee in the amount of EUR 50, or 0,4%-1,5% quarterly of the approved guarantee amount.


In special cases, the Bank management may apply a negotiated fee for issuing a guarantee.

Required documentation

To apply for this guarantee, the client has to submit the following documentation:


  1. application for obtaining a customs guarantee in the typed form, with all important company data
  2. financial statements of the company for the last year of operations
  3. order of the Montenegrin Customs Administration defining the required guarantee type

In addition to the aforesaid, the required documentation, regardless of the type of guarantee asked by the client, includes:


  1. copy of registration certificate
  2. copy of certificate on company classification according to its business activity
  3. copy of signature specimen card
  4. copy of OP application form (certified signatures of persons authorized to represent the company)
  5. set of forms for annual financial statements (Balance Sheet, Profit and Loss Statement, Cash Flow Statement, Statement on Changes in Equity, Balance Sheet ancillary form, Profit and Loss Statement ancillary form, Tax Return on Profit Tax, Calculation of Depreciation for tax purposes) for the last 3 years, certified by the Commercial Court
  6. trail balance for the last 3 years, financial statement on operations (Balance Sheet and Profit and Loss Statement) for the current year overview
  7. trial balance for the period of the current year

How to apply for a guarantee?

The company should submit the application supported by required documentation to the Bank. The application for obtaining the guarantee must be certified by corporate seal and authorized signature.


The application must include the data that will facilitate evaluation of the overall activity and the economic and financial analysis. On the basis of the submitted documentation and performed analysis, the Credit Committee will decide on the application and, if approved, contract will be signed with the client.