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Account opening online in Lithuania

Open an account in Lithuania online. Remote accounts for EU and non-EU residents in Lithuania.

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Solutions for a range of industries
Retail, E-commerce & Online Marketplaces
International payment acceptance solutions for online businesses.
Small Businesses & Companies
Pay employees, get paid and manage your cash flow from a single place.
Entrepreneurs & Freelancers
No matter where your clients are located, with Satchel you will get paid in a fast and simple way.
Online Banking & Personal Finance
Day-to-day simple and secure money management.

Personal account in Lithuania online

  • Open account remotely with just two personal documents.
  • Get a unique European IBAN.
  • Virtual and physical Mastercard tailored to your needs.
  • No hidden fees and personalized pricing plans.
Solutions for any needs
Being an expat is easy
Seamless transfers and conversions from anywhere in the world in 36 currencies.
Fast and convenient operations
Pay and withdraw money at any location around the world.
An alternative to your local bank
Enjoy a more agile and fully-digital money management.

Business account in Lithuania online

  • Open an account online without waiting in line.
  • Get a unique European IBAN.
  • Start transacting in 38 currencies through SWIFT and SEPA.
  • Enjoy personalised customer support.
  • Cover all business expenses with Satchel payment cards.
Solutions for corporate needs
Save funds
Deposit funds for future business purchases and other expenses.
Transact with ease
Manage your daily transactions with clients, partners, and suppliers.
Invest smartly
Invest your dividends or extra earnings to increase corporate capital.
Simplified accounting
Keep track of your account balance and transaction history for efficient and transparent bookkeeping.

Open an account online in Lithuania
in 3 steps

1

Submit your online application with just two personal documents.

2

We will process the application remotely within 1-3 business days.

3

Welcome aboard!

Satchel card that fits you

The Satchel card is a go-to tool for businesses or those who lead an active lifestyle and make several payments a day.

  • Secure online shopping
  • Daily payments
  • White Label solution, powered by Mastercard
Satchel's cards
With Satchel you can
01.

Collect

A simple way to receive money worldwide.

02.

Pay

Convenient transfers internationally.

03.

Innovate

A digital banking platform for developing business needs.

04.

Convert

Currency exchange without hidden fees.

05.

Manage

Useful features for full control over your funds.

FAQ

How to open a payment account in Lithuania?

Getting an online account in Lithuania is now hassle-free.

You have two options: traditional banks or neobanks / EMIs, such as Satchel. The accounts provided by either of these choices offer the same features, including a European IBAN for essential financial activities for your company, such as payments and transfers. The most significant distinction between them is in terms of convenience, ease, and speed of account opening.

With an EMI, the whole process can be completed online: filing the form, scanning / uploading documents, and going through onboarding. At Satchel, corporate and private account options are accessible to both EU and non-EU residents. So you do not need to travel overseas to open the account in person.

Where are Satchel accounts available?

Each payment account from Satchel has a unique European IBAN, allowing our customers to access the European and global financial ecosystem 24/7. All financial operations are done online through the mobile app or desktop client office. Customers can also order a physical or virtual Mastercard for convenient daily payments.

In practice, the most popular products and services offered by Satchel are the following:

  • SEPA payments in Euro;
  • SWIFT transactions worldwide;
  • Mastercard payment cards;
  • The transfer of cryptocurrencies to Euro and vice versa.

This means that, in addition to Europe, Satchel’s financial services can be used in countries where SWIFT transfers are available, or where Mastercard cards are accepted.

What documents are required to open an account online in Lithuania?

The list of documents for account opening at Satchel differs for personal and corporate accounts.

For a corporate account, you must provide:

1. The online application form.
2. Copy of the business owner’s passport or ID (only for citizens or residents of the EU or the EEA).
3. Proof of address.
4. A detailed business description.
5. Corporate documents.
6. Supporting documents on clients/suppliers.
7. Documents with supporting information about initial funding.
8. Verification through the Ondato solution.

For more information, please visit this link.

The list of documents for a personal account:

1. Your passport or national ID.
2. Proof of address or bank statement translated into English or Lithuanian.
3. Verification is carried out through the Ondato solution.

For more details, please refer to this link.

What types of accounts do we offer?

We provide the opportunity to open four different types of accounts:

  • Business accounts that meet all corporate needs;
  • Merchant accounts for e-commerce;
  • Private accounts for daily personal needs;
  • Freelancer accounts for self-employed individuals working remotely.

These accounts can be divided into two categories based on the procedures and documents required. Both business and merchant accounts require the same list of documents. Private and freelance accounts also have the same requirements when it comes to account opening.

How to open an account in Lithuania for non-residents?

The procedure for opening a payment account at Satchel is the same for everyone. All clients must submit an online form and provide the required list of documents for corporate and personal accounts.

There is no difference in the number of documents required to open an account for citizens of Europe, the UK, or other non-European countries.

However, there is a list of countries that we do not onboard clients from. You should check our Blacklisted jurisdictions page for complete certainty.

Get in touch with Satchel
Submit your request and our specialists will get back to you shortly with the most suitable solution