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The Council of the Central Bank of Montenegro Revoked the Approval for the Provision of Payment Services by "Alta Pay Group" Podgorica

Summary by Naslovi.net
According to them, the decision was made in accordance with the Law on Payment Transactions, based on a comprehensive assessment of the fulfillment of regulatory requirements, including criteria related to the eligibility of the qualified participant and ensuring the stable, safe and legal operation of the payment institution, reports Vijesti. CBCG emphasizes that this decision does not represent a risk for the financial stability of Montenegro,…
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Savette Centrale Bank of Crné Gore (CBTF) Doneo Ae, on the basis of a suspense policy for the supply of payment services, Ai Alta Pay Group Institute of Podgorica, on the top of the unit Ae Utvr , is not provided for by law with a condition for the round-up of these activities, saopstil Ae tonights of the CBTF.

The Council of the Central Bank of Montenegro (CBCG) made a decision to revoke the authorization for the provision of payment services to the payment institution Alta Pay Group from Podgorica, after it was determined that it no longer meets the requirements prescribed by law for the performance of that activity.

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At today's session, the Council of the Central Bank of Montenegro (CBCG) made a decision to revoke the approval for the provision of payment services to the payment institution "Alta Pay Group"

·Novi Beograd, Serbia
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photo-rtcg. The decision of the National Bank of Serbia to revoke the operating license of Alta Banka Belgrade does not pose a risk to the financial stability of Montenegro, the Central Bank of Montenegro (CBCG) announced. <<<National Bank of Serbia revokes operating license of Davor Macura's bank<<< “It is important to emphasize that Alta Banka does not operate in Montenegro, i.e. it does not have a license to conduct […]

From that institution, they stated that the payment institution Alta Pay Group Podgorica in Montenegro provides exclusively payment and money transfer services, and that it is under the supervision of the CBCG

·Podgorica, Montenegro
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Vijesti broke the news in Podgorica, Montenegro on Saturday, October 31, 2026.
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