WU Money Transfer

Lovćen banka offers its clients a service for sending and receiving money in cooperation with Western Union. Western Union is the leading electronic money transfer service in the world, and has become a symbol of speed, convenience and reliability


Key characteristics
  • Western Union service can be used for receiving money sent from abroad or sending money abroad
  • receipt and sending is processed in Euros only
  • you do not need an account to be able to receive and send money
  • money transfer commission is paid by the sender
  • money receipt service is free of charge



Benefits of Western Union:
  • Speed
  • Convenience
  • Reliability
Sending money 
The money transfer procedure is really simple:
  • you need to have a valid identity document with you (personal ID or passport)
  • you give the recipient’s name and country that you are sending the money to
  • deposit the money that you wish to send and pay the transfer fee
  • you receive a slip with a money transfer control number (MTCN) that the recipient will need to collect the money
Following this, you can inform the recipient of the transfer and send him the data that you received from the Bank officer and that he needs to collect the money you have sent.
You need not have an account with Lovćen banka to use this service.
Receiving money 
The money sent to you from abroad via Western Union can be received in any branch of the Lovćen banka.
The money is available a few minutes after the payment. It is enough to take your personal documents. The service receiving money is free of charge. The procedure is extremely simple:
  • indicate the name of the sender , the country from which the money was sent, the expected amount and Money Transfer Control Number (MTCN)
  • submitt your valid identity document for review to the bank clerk to access checking transaction data
  • if all the information you provided is accurate, the bank officer will pay off money and present your confirmation of payment
Price list for sending money from Montenegro