Send money to Montenegro

Find a quick, affordable service to make a money transfer to Montenegro.

Updated Jun 14, 2018

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Situated on the shores of the Adriatic Sea, Montenegro is famous for its medieval history, spectacular mountains and picture-postcard coastline. The Balkan nation was once a part of Yugoslavia and is home to a population of more than 620,000 people.

If you need to send money from Australia to Montenegro, do your bank balance a favour and shop around for the most affordable and convenient transfer option you can find.

When you need to send an overseas money transfer, you might think that the best way to complete the transaction is via your bank. But while banks certainly offer a convenient option, they don’t offer a cheap one — the low exchange rates and high fees they offer simply work out to be too costly.

Send money to Montenegro with TorFX

No extra fees
Fix your exchange rate for up to 2 years
Price-match guarantee
Personal account manager

Send money to Montenegro with TorFX

TorFX guarantees to match any competitor's exchange rate. Conditions apply.
Send money overseas in 30+ currencies with competitive rates for transfer amounts over $2,000.

Minimum transfer amount: $2,000
Online transfer fee: $0

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More info

What's in this guide?

Compare Money Transfer Services
Speak to a FX Expert
Banks versus money transfer companies
How do I compare transfer companies when transferring and receiving money via Montenegro?
How do I send money to Montenegro from Australia?
How do I receive money from Montenegro in Australia?
Emergency cash transfers in Montenegro
Cash pickup locations in Montenegro/ Western Union branches in Montenegro
Western Union
Tips for picking up cash in Montenegro
What are the steps to send money to Montenegro?

Compare Money Transfer Services

I want to send

Min. Transfer Amount	Transfer Speed	Online Transfer Fee	Rate	Amount Received	Description	CTA	Details
AUD 1	1 day	AUD 25.00	0.602	EUR 2,994	Pay no fees on your first two transfers, up to $3,000. SingX offers the real exchange rate every time you make a transfer and can help you send money across the world.	Go to site	Compare	Show details	Details Minimum transfer amount AUD 1.00 Transfer methods Online, Bank Account to Bank Account, Cash Transfer Transfer options One off payments Customer service Phone, Chat, Email Available currencies AUD, CAD, EUR, GBP, HKD, IDR, INR, JPY, KRW, LKR, MYR, NPR, NZD, PHP, SGD, THB, USD, VND, ZAR Go to site Read the full review
AUD 1	1 day	-	-		Pay no fees on your first two transfers, up to $3,000. SingX offers the real exchange rate every time you make a transfer and can help you send money across the world.	Go to site	Compare	Show details	Details Minimum transfer amount AUD 1.00 Transfer methods Online, Bank Account to Bank Account, Cash Transfer Transfer options One off payments Customer service Phone, Chat, Email Available currencies AUD, EUR, GBP Go to site Read the full review
AUD 1	Same day	AUD 0.00	0.599	EUR 2,994	Get fast transfers with no fees and a range of foreign currency tools.	Go to site	Compare	Show details	Details Minimum transfer amount AUD 1.00 Transfer methods Online, Bank Account to Bank Account Transfer options One off payments, Market orders Customer service Phone, Email Available currencies AED, AMD, AUD, BAM, BBD, BDT, BGN, BHD, BND, BRL, BWP, CAD, CHF, CLP, CNY, COP, CRC, CVE, CZK, DKK, DOP, EUR, FJD, GBP, GEL, GTQ, HKD, HNL, HRK, HUF, ILS, JMD, JOD, JPY, KES, KRW, KWD, KZT, LKR, LSL, MAD, MKD, MUR, MWK, MXN, MYR, NAD, NOK, NZD, OMR, PEN, PGK, PHP, PKR, PLN, PYG, QAR, RON, RSD, RUB, RWF, SAR, SBD, SCR, SEK, SGD, SZL, THB, TND, TOP, TRY, TTD, TWD, TZS, UGX, USD, VUV, WST, XCD, XPF, ZAR Go to site Read the full review
AUD 2,000	1 day	AUD 0.00	0.599	EUR 2,997	TorFX guarantees to match any competitor's exchange rate. Conditions apply. Send money overseas in 30+ currencies with competitive rates for transfer amounts over $2,000.	Go to site	Compare	Show details	Details Minimum transfer amount AUD 2,000.00 Transfer methods Online, Phone, Bank Account to Bank Account Transfer options Regular payments, One off payments, Market orders, Forward contracts Customer service Phone, Email Available currencies AED, AUD, CAD, CHF, CZK, DKK, EUR, GBP, HKD, HRK, HUF, ILS, JPY, NOK, NZD, PLN, SEK, SGD, THB, TRY, USD, ZAR Go to site Read the full review
AUD 2,000	1 day	AUD 0.00	0.599	EUR 2,997	Better exchange rates for Finder customers. Send 60+ currencies at competitive rates and no fees. If you find a better eligible quote, WorldFirst will beat it.	Go to site	Compare	Show details	Details Minimum transfer amount AUD 2,000.00 Transfer methods Online, Phone, Bank Account to Bank Account Transfer options Regular payments, One off payments, Market orders, Forward contracts Customer service Phone, Chat, Email Available currencies AED, AUD, BBD, BGN, BHD, BWP, CAD, CHF, CLP, CNY, COP, CZK, DKK, EGP, EUR, FJD, GBP, HKD, HRK, HUF, IDR, ILS, INR, JMD, JOD, JPY, KES, KRW, KWD, LKR, MAD, MUR, MXN, MYR, NOK, NPR, NZD, OMR, PEN, PHP, PKR, PLN, QAR, RON, RUB, SAR, SEK, SGD, THB, TND, TRY, TTD, TZS, UGX, USD, VND, XCD, ZAR Go to site Read the full review
AUD 2,000	1 day	AUD 0.00	0.599	EUR 2,997	SendFX guarantees to match any competitor's exchange rate. T&Cs apply. Fee-free transfers in 30+ currencies to over 200 countries.	Go to site	Compare	Show details	Details Minimum transfer amount AUD 2,000.00 Transfer methods Online, Bank Account to Bank Account Transfer options Regular payments, One off payments, Forward contracts Customer service Phone, Email Available currencies AED, AUD, BGN, BHD, CAD, CHF, CNY, CZK, DKK, EUR, GBP, HKD, HUF, IDR, ILS, INR, JPY, KES, KWD, MXN, MYR, NOK, NZD, OMR, PHP, PLN, QAR, RON, SAR, SEK, SGD, THB, TRY, USD, ZAR Go to site Read the full review
AUD 250	1 - 2 days	AUD 15.00	0.599	EUR 2,988	$0 transfer fees for Finder customers. No-maximum limit transfers with competitive exchange rates for 100+ currencies. No transfer fee over AUD$10,000.	Go to site	Compare	Show details	Details Minimum transfer amount AUD 250.00 Transfer methods Online, Phone, Bank Account to Bank Account Transfer options Regular payments, One off payments, Market orders, Forward contracts Customer service Phone, Email Available currencies AED, AUD, AZN, BGN, BND, CAD, CHF, CNY, CZK, DKK, EGP, EUR, FJD, GBP, HKD, HUF, IDR, ILS, INR, JPY, KRW, KWD, LKR, MAD, MGA, MXN, MYR, NOK, NZD, OMR, PEN, PGK, PHP, PKR, PLN, RUB, SAR, SBD, SCR, SEK, SGD, THB, TOP, TRY, TWD, TZS, USD, VEF, VND, VUV, WST, XOF, XPF, ZAR Go to site Read the full review
GBP 3,000	1 day	-	-		Global Reach will match any competitor's exchange rates. Conditions apply. Get no fees for both business and personal transfers when you send your money overseas with Global Reach.	Go to site	Compare	Show details	Details Minimum transfer amount GBP 3,000.00 Transfer methods Online, Phone, Bank Account to Bank Account Transfer options Regular payments, One off payments, Market orders, Forward contracts Customer service Phone, Chat, Email, Branch Available currencies AED, AUD, BBD, BGN, BHD, BSD, CAD, CHF, CZK, DKK, EUR, GBP, GHS, HKD, HRK, HUF, ILS, JPY, KES, KWD, KYD, MUR, MXN, NOK, NZD, PLN, RON, RUB, SDG, SEK, THB, TRY, UGX, USD, XCD, ZAR Go to site Read the full review
AUD 5	1 - 2 days	EUR 3.00	0.596	EUR 2,978	Special offer: Zero fees on your first 10 transfers. Get bank-beating exchange rates and fast transfer times on 15+ popular currencies.	Go to site	Compare	Show details	Details Minimum transfer amount AUD 5.00 Transfer methods Online Transfer options One off payments Customer service Phone, Email Available currencies AED, AUD, CAD, CHF, CZK, DKK, EUR, GBP, HKD, HUF, IDR, ILS, INR, NOK, NZD, PHP, PLN, SEK, SGD, THB, USD, ZAR Go to site Read the full review
AUD 1	Same day	AUD 3.99	0.595	EUR 2,971	Use promo code 3FREE to send your first 3 transfers with no fee. Conditions apply. An online money transfer service with cash pick-up, bank account to bank account and airtime transfers available.	Go to site	Compare	Show details	Details Minimum transfer amount AUD 1.00 Transfer methods Online, Bank Account to Bank Account, Cash Transfer Transfer options One off payments Customer service Phone, Email Available currencies AED, ALL, AMD, ANG, AOA, ARS, AUD, BAM, BBD, BDT, BGN, BHD, BIF, BOB, BRL, BWP, CAD, CDF, CHF, CLP, CNY, COP, CRC, CVE, CZK, DKK, DOP, EGP, ETB, EUR, FJD, GBP, GEL, GHS, GMD, GNF, GTQ, HKD, HNL, HRK, HTG, HUF, IDR, ILS, INR, ISK, JMD, JOD, KES, KGS, KHR, KMF, KRW, KWD, KYD, KZT, LAK, LBP, LKR, LRD, LSL, MAD, MDL, MGA, MRO, MUR, MVR, MWK, MXN, MYR, MZN, NAD, NGN, NIO, NOK, NPR, NZD, OMR, PAB, PEN, PGK, PHP, PKR, PLN, PYG, QAR, RON, RUB, RWF, SCR, SEK, SGD, SLL, SOS, SRD, THB, TJS, TND, TOP, TRY, TZS, UAH, UGX, USD, UYU, VND, WST, XAF, XCD, XOF, ZAR, ZMW, BYN Go to site Read the full review
AUD 200	1 - 2 days	AUD 25.00	0.601	EUR 2,989	Exclusive: Use code FINDER10 to receive US$10 off your first transaction. Quick and simple international money transfers with a flat 0.5% transfer fee for most transfers. Zero-margin rates on some currencies.	Go to site	Compare	Show details	Details Minimum transfer amount AUD 200.00 Transfer methods Online, Phone, Bank Account to Bank Account Transfer options One off payments Customer service Phone, Chat, Email Available currencies AUD, BDT, CAD, CNY, EUR, GBP, HKD, IDR, INR, KRW, LKR, MYR, NPR, PHP, PKR, SGD, THB, USD, VND Go to site Read the full review

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Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.

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Banks versus money transfer companies

Instead of sending funds through your bank, compare your options to see whether you can find a more affordable deal from a specialist money transfer company, such as OFX or CurrencyFair. These providers trade high volumes of foreign currency and can therefore offer much better exchange rates than the banks. They also charge lower fees, so doing a quick comparison between transfer providers can save you a whole lot of cash.

Ivan Sends Money to Montenegro

Ivan’s wife Karina stayed behind in Montenegro while Ivan was posted to Australia to work for six months. With the bills piling up at home, Ivan wants to send his wife $1,000 to help her take charge of the family finances. Instead of taking the rubbish exchange rate offered by his bank, Ivan decides to compare two specialist money transfer companies to see if a better deal might be available.

As the comparison table below shows, while the first transfer company can save Ivan AUD $3 in transfer fees, the better exchange rate offered by the second company allows him to send almost €20 extra.

	Money transfer company 1	Money transfer company 2
Exchange rate	1 AUD = 0.6067 EUR	1 AUD = 0.6266 EUR
Transfer fee	$0	$3
Transfer method	Online bank account transfer	Online bank account transfer
Processing time	1-3 days	1-3 days
Amount received (in EUR)	€606.70	€626.60

How do I compare transfer companies when transferring and receiving money via Montenegro?

Exchange rates. Check the company’s website to see what exchange rates they offer. How do those rates compare to the provider’s competitors?
Transfer fees. Make sure you’re aware of all the hidden fees and charges that apply when you send a transfer. Some companies charge no fees while others will slug you $60 or $70 in some cases, so comparing your options is essential.
Transfer methods. Some companies offer online or in-branch transfers only, while others also provide over-the-phone and mobile app transfers.
Transfer options. Can you place forward contracts and limit orders to get a better exchange rate? Is there an option to set up repeat transfers so you can save yourself time?
Minimum and maximum limits. If there are limits on the amount the company allows you to send per transaction, will those limits hinder your transfer plans?
Processing times. How long will it take until your beneficiary can access the money you send?
Pickup options. While some companies provide online bank account transfers, others offer transfers with a cash pickup option.
Customer service. Check out the company’s reputation when it comes to delivering prompt and helpful customer service. If you ever need assistance with a transaction, will you be able to quickly access the help you want?

How do I send money to Montenegro from Australia?

Specialist transfer providers. Companies such as OFX and CurrencyFair offer fast and affordable overseas transfers.
Cash pickup transfer companies. Have a look online to see if there’s a Western Union cash pickup location close to your recipient in Montenegro.
Bank transfers. Compare the cost of sending the transfer via your bank with using a specialist transfer provider.
International cheques. A safe but slow option is to post an international cheque to Montenegro.

How do I receive money from Montenegro in Australia?

Specialist transfer providers. Compare transfer providers to see which ones offer transfers from Montenegro to Australia.
Cash pickup transfer companies. Western Union has multiple cash transfer locations in Australia and Montenegro.
Bank transfers. Your loved one in Montenegro could send a transfer from their bank account to your Australian bank account.
International cheques. International guaranteed cheques are another transfer option but they can be quite time consuming.

Emergency cash transfers in Montenegro

When you need to get money to a friend or loved one in Montenegro as quickly as possible, an emergency cash transfer is the way to go. Some companies offer overseas transfers that can be completed within minutes, which is extremely convenient, but make sure you’re aware that these types of transfers will cost you more. High transaction fees and lower exchange rates usually apply, so review the full cost of a transaction before you commit yourself.

Cash pickup locations in Montenegro/ Western Union branches in Montenegro

Western Union operates a substantial cash transfer network that includes several locations in Montenegro. Some popular pickup locations are listed below - make sure you’ve got photo ID and a transaction reference number handy when you go to collect funds.

Western Union

Kotor

Posta Crne Gore Doo
Trg OruzjaKotor Posta Stari Grad Kotor, 85330 +381-11-3300300Open 7:30am to 8pm Monday to Saturday
Komercijalna Banka Ad Budva
Trg Oruzja Bb Kotor,85330 +381-11-3300300Open 8am to 4pm Monday to Friday, 8am to 12pm Saturday

Podgorica

Posta Crne Gore Doo
Bulevar S Kovacevica Bb Gintas Podgorica, 81000 +381-11-3300300Open 9am to 10pm Monday to Saturday, 9am to 8pm Sunday
Posta Crne Gore Doo
Bratstva I Jedinstva BbPosta 8 Podgorica, 81000 +381-11-3300300Open 7:30am to 8pm Monday to Friday, 8am to 7pm Saturday

Tips for picking up cash in Montenegro

Regardless of whether you’re in Montenegro or Melbourne, it always pays to take a few simple safety precautions when picking up cash:

Only visit a transfer agent in a safe location
Avoid high-crime areas and avoid displaying your cash in public
Take a friend along with you to act as a deterrent to thieves
Don’t carry the money around with you for any longer than is necessary

What are the steps to send money to Montenegro?

Although the transfer process varies from one provider to the next, you will usually have to:

Sign up for an account. This is free to do online when you provide your full name, proof of ID and contact details.
Enter your transaction information. The second step is to provide full details of the transaction you are planning. This includes the amount you’re sending, where you’re sending it to and in which currency.
Finalise your transaction. Check over the details of your transaction and if you’re happy with the exchange rate and fee you will receive, pay for your transfer. Most providers also offer an online tracking service so you can check when your transfer has been completed.

Thank you for your feedback!

Shirley Liu

Shirley Liu is Finder's global program manager. She was previously the publisher for banking and investments and has also written comparisons for energy, money transfers, Uber Eats and many other topics. Shirley has a Master of Commerce and a Bachelor of Media, Journalism and Communications from the University of New South Wales. She is passionate about helping people find the best deal for their needs.

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TorFX International Money Transfers

TorFX guarantees to match any competitor's exchange rate. Conditions apply.
Send money overseas in 30+ currencies with competitive rates for transfer amounts over $2,000.

More info

SendFX International Money Transfers

SendFX guarantees to match any competitor's exchange rate. T&Cs apply.
Fee-free transfers in 30+ currencies to over 200 countries.

More info

WorldFirst International Money Transfers

Better exchange rates for Finder customers.
Send 60+ currencies at competitive rates and no fees. If you find a better eligible quote, WorldFirst will beat it.

More info

OFX (Ozforex) International Money Transfers

$0 transfer fees for Finder customers.
No-maximum limit transfers with competitive exchange rates for 100+ currencies. No transfer fee over AUD$10,000.

More info

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Send money to Montenegro

Find a quick, affordable service to make a money transfer to Montenegro.

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Send money to Montenegro with TorFX

What's in this guide?

Compare Money Transfer Services

Compare up to 4 providers

Speak to a FX Expert

Banks versus money transfer companies

Ivan Sends Money to Montenegro

How do I compare transfer companies when transferring and receiving money via Montenegro?

How do I send money to Montenegro from Australia?

How do I receive money from Montenegro in Australia?

Emergency cash transfers in Montenegro

Cash pickup locations in Montenegro/ Western Union branches in Montenegro

Western Union

Kotor

Podgorica

Tips for picking up cash in Montenegro

What are the steps to send money to Montenegro?

Shirley Liu

More guides on Finder

International Money Transfer Offers

TorFX International Money Transfers

SendFX International Money Transfers

WorldFirst International Money Transfers

OFX (Ozforex) International Money Transfers

Ask an Expert

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