WELCOME TO ATLAS BANK Montenegro CASH DEPOSIT ACCOUNT FOR NON RESIDENT INDIVIDUAL CLIENT

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1 WELCOME TO ATLAS BANK Montenegro We look forward to meet all your banking needs, giving you a delightful experience! CASH DEPOSIT ACCOUNT FOR NON RESIDENT INDIVIDUAL CLIENT A choice of investment alternatives within one account, with competitive interest rates. Please, read on the account opening letter to explore the services you could now enjoy and the fees and charges applicable.

2 The account opening letter The Atlas Bank is a reliable bank with an international reputation. Bank offers the different types of accounts for Non-resident Client, to suit Clients individual need, also to protect Clients interests with absolute discretion. Products and facilities for individual Non-resident Client We can offer you the following main products and services: Current accounts in any convertible currency Savings accounts in euro and other convertible currencies Debit Card Fixed-term deposits in all major currencies Electronic Banking Account opening procedure: If you want to set up an account you will need to be 18 years of age or older and provide your personal details. You will need to visit one of 22 local branches of Atlas bank, and fulfill the appropriate documentations (account application form, PEP form). You will need to provide your passport as a proof of identification to our Bank s officer who will provide you with general advice and accurate information. Choose the options you desire among our several types of saving accounts considering Your objectives, financial situation or needs Opening of current account and savings account is free of charge. Our SWIFT code is: ATLMMEP2 Current accounts in any convertible currency In order to simplify foreign payments and disbursements, we offer you current accounts in most foreign currencies, thus enabling you to conduct quick and effective cash transactions with minimal costs. This is one of the most commonly used bank accounts. Basically, you can deposit and withdraw funds whenever you need. Allocation of inflows from abroad may be conducted in all branch offices of Atlas bank. The Bank will provide your monthly account statement with all transactions and balances, and no service charge will be applied for the current month.

3 Opening a currency account Currency Non-Resident account in euro and other currencies Maintaining the currency account Appointing authorized person per account/business 0.60 per month 1.00 one-off Interest rate for currency account EUR Other currencies Per year 0.40% 0.15% Issuing a statement of account for non-residents on a monthly basis Issuing a extraordinary statement in the current fiscal year Issuing a extraordinary statement from previous fiscal years Cash payments on currency account 0.50 per page 1.00 per page Closing currency account (at the client's request) 2.00 Savings accounts in euro and other convertible currencies 1. Sight deposit saving (a vista) Tourists and other overseas visitors can easily manage setting up a saving account. This is another commonly used bank account. You are able to access your funds as much as You need. Savings accounts are usually linked to the current account and a wide range of funds can be very easily transferred from one bank account to another with the activation of a standing order. Sight deposit savings (a vista) offer the possibility to withdraw deposits at any moment and it`s not term limited. The opening of the savings account is free of charge. Interest rates are expressed at the annual level. Sight deposit saving account in euro and other convertible currencies for non-residents Client Opening an account for non-residents Maintenance of account for non-residents Appointing authorized person per account/business Interest rate for currency account Issuing a statement of account for non-residents on a monthly basis 0.60 per month 1.00 one-off 0.40% (per year)

4 Issue of extraordinary statement in the current fiscal year Issue of extraordinary statements from previous fiscal years 0.50 per page 1.00 per page Closing currency account (at the client's request) 2.00 Debit Card Clients who open a savings account, will receive an ATM/Debit Card to let You access ATM, Cash Deposit Machines & make purchases. Our ATM network consist of 29 ATMs and a large number of POS terminals in retail outlets. Apart from this card, upon the Client s request the Bank can issue additional cards. By using additional cards the account of the basic cards is debited. Fees for debit cards Initial card issuance 5.00 The monthly fee for a package VISA Electron and Maestro 0.90 Reissuing of cards The daily limit for cash withdrawals 1, Cash withdrawals at ATMs of Atlas Bank Cash withdrawals at POS terminals of Atlas Bank Cash withdrawals from ATMs of other acquirer banks 3.00% (min ) Cash withdrawals at POS terminals of other acquirer banks 3.00% (min ) Payment for goods and services at home and abroad 2. Fixed-term deposits in all major currencies Atlas bank offer You a low-risk investment deposit types - Term deposited saving types: Atlas SUPER saving Atlas IDEAL saving Atlas STEP saving Clients have opportunity to deposit money at the most favorable interest rates, in the amounts and within the time limits that best suit them. Client can decide how long they wish the term deposit to be, and the interest will be paid accordingly. Once the term deposit has reached its maturity, they will be able to withdraw the funds and collect the accrued interest.

5 The Bank provides for Super and Step savings an automatic renewal of the terms of time deposited savings without the previous notification, in case when the Client doesn't requests changes within 10 (ten) days after the expiry of the set defined term. The calculated interest to the term deposit may be paid in the way that: It is ascribed to the savings deposit after the expiry date or it is transferred, at the request of the Depositor, to his/her sight account. The payment of interest is performed after deduction of the income tax from principal (5%), in accordance with the Law on Citizen s Income Tax which the Bank has the obligation to pay on behalf of the Depositor. The interest rate is fixed and shall not be changed until the expiry of the term except in the case of one party request of the Depositor for before term cancellation of individual deposits or all the deposits at the same time. is charged for early withdrawal of deposits. *MINIMAL SAVING AMOUNT FOR ALL TYPES OF FIXED-TERM DEPOSITS SAVING IS 50,00 Atlas Super Savings Time deposited savings with the monthly interest disbursement or after the expiration of the term deposit. A total of 10 currencies available including EUR, USD, GBP, AUD, CAD, CHF, SEK, NOK, DKK & JPY. Currency over Deposit term EUR 80, On 2 months 0.50% - On 3 months 2.50% - On 6 months 3.50% - On 12 months 4.25% 4.50% From 12 to 24 months 4.80% 5.00% From 24 to 36 months 5.15% 5.30% Deposit term Other currencies On 3 months 1.75% On 6 months 2.25% On 12 months 2.50% On 24 months 3.05% On 36 months 3.10%

6 Atlas Ideal Savings Time deposited savings with the interest payment in advance. Atlas Step Savings Atlas Step saving is deposit savings with interest paid upon maturity. You choose the deposit term and we reward You with higher interest rate for longer periods. The Depositor may use the funds only after expiry of the term defined in the term deposit. Deposit term Atlas IDEAL savings - EUR Atlas STEP savings - EUR On 2 months On 3 months On 6 months On 12 months From 12 to 24 months From 24 to 36 months 0.60% 1.00% 1.50% 2.00% 2.75% 3.25% 3.50% 4.00% 4.25% 4.80% 4.50% 5.15% For the deposit amounts to guarantee the Deposit Protection Fund of Montenegro! Deposit Protection ( Protection Fund is responsible for insurance of deposits with banks, which in case of bank bankruptcy guarantees to depositors withdrawal the deposit up to the guaranteed amount and within prescribed term. Deposit protection includes deposits for retail customers, entrepreneurs and legal entities, residents and non residents with all banks in Montenegro. All kinds of deposits opened under the name of the owners including transfer accounts, current accounts and savings deposits are protected.

7 Electronic Banking The least expensive and most efficient way of making a foreign transfer is via our Electronic Banking system. Using our Electronic Banking, clients can come to the bank at any time and in any branch. The Bank offers its clients the possibility of communication with the Bank through the channel that suits them best. Comfort, flexibility, speed and accessibility are enabled through electronic banking of Atlas Bank. Atlas Bank s e-banking enables in an efficient way the saving of time and money. Feeds and charges for E-banking The cost of developing tokens Restoring token Restoring the locked token Access to the web channel - Initial 1.00 (one-off) Contact us : e-banking@atlasbanka.com To find out more, we invite You to visit Client is our middle name!