The Central Bank performs services for the account of the Republic (Ministry of Finance) relating to government's money and services related to public debt in accordance with the law.  In connection with that, the Central Bank:

• Establishes and maintains banking accounts,
• Acts ad fiscal agent,
• Undertakes all operative functions related to donations and loans approved to the Montenegrin Government by foreign governments and international organizations and institutions.

1.      Upon the order of the Ministry of Finance, the Central Bank establishes banking accounts required for banking operations. The Central Bank must give prior advice to the Ministry in accordance with the data on adequacy of funds held at its accounts for the purpose of covering the planed expenses and foresees the daily volume of transactions with the state money, in cooperation with the Treasury of the Ministry.  The Central Bank must supply to the Ministry daily notices and daily statements on transactions made  

2.      As a fiscal agent, the Central Bank:

• Gives advise to the Montenegrin Government;
• Performs operations related to treasury bills issue and other foreign borrowings of the state;
• Performs operations related to existing treasury bills, transfer and replacement of treasury bills;
• Performs operations related to the state funds in EUR and other currencies;
• Performs operations related to the state foreign exchange reserves.

   3.     Services related to the public debt include:  

• Establishing the register of security holders;
• Implementation of primary issue of securities issued by the Republic;
• Maintaining records of the trade on the secondary capital market;
• Debt servicing.

The Central Bank is obliged, upon the Government’s request, to give advice on all issues with respect to the debt management strategy.