Country guide

Cash usage in Montenegro

Montenegro uses the euro despite not being an EU member. Card acceptance is improving in coastal tourist areas, but cash is still widely used across the country.

Bay of Kotor surrounded by mountains and medieval walls, Montenegro

Photo by ROMAN ODINTSOV (Pexels)

Last updated 2026-06-01

Currency
Euro (€)
Cash usage level
Medium
Avg. ATM fee
~3 EUR
Card acceptance
Moderate
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Is cash still widely used?

Yes. Montenegro uses the euro but is not in the EU, and its payment infrastructure lags behind EU countries. Coastal towns like Kotor, Budva, and Herceg Novi have reasonable card acceptance at tourist businesses. Inland areas, local restaurants, and markets rely on cash.

ATMs and withdrawing cash

ATMs are available in coastal towns and Podgorica. CKB and Erste Bank machines accept foreign cards.

Card acceptance

Moderate in tourist areas. Visa and Mastercard are accepted at hotels and tourist restaurants along the coast. Inland and local businesses require cash.

Tips for travelers

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