Rethink the way you deal with finances
Open business account
Remote account opening
- Simple online application form
- Personal account management approach
- Increased data protection
Real-life use cases
Recruitment Companies
Employee payroll tool
More control over your business finances and simpler financial report for tax purposes
Premium partner offers and discounts with Satchel Payment Card
Live chat with customer support
Trading company
Access to an account manager
Cash flow at a glance
Instant money transfers (coming soon) and 100% online banking
Full deposit protection
(under bank of Lithuania)
E-commerce
Beneficial when updating your payment processing systems
Premium partner offers and discounts with Satchel Payment Card
3D Security for your online payments
IT company
Multi currency sub accounts
Setup automatic recurring payments and transfer funds between multiple accounts
Payment cards that cover your needs
Plastic and Virtual cards
Contactless payments
Payroll programs
ATM withdrawals worldwide
Tailor-made pricing
Payroll program
- Batch payments using our API
- Issue from 3 to 100 cards
- Transfers directly from the Client office or the Satchel App
Multiple currencies for cross-border payments
No more separate accounts for each foreign currency. Send and receive money around the world in 38 currencies with a multi-currency IBAN linked to a single account.
Boost your EU-China business flow
Transact in Chinese Yuan and Hong Kong Dollar and get direct access to the Chinese and European markets.
EU-China Payment InfrastructureAccounts can be opened for both EU and Chinese residents
SEPA Instant Payment
Instant pan-European transactions with SEPA Instant Credit Transfer.
- Execution time of 10 seconds
- Availability 24/7, 365 days a year
- EUR 100,000 transaction limit
Safe & Sound
We adhere to highest EMI security standards to keep your money and personal data safe.
- Client money is stored on a segregated account with the National Bank of Lithuania
- Funds protection using 3D secure and 2FA
Choose the business account that suits you best
LocalLT residents |
EuropeanEU residents |
Internationalnon-EU residents |
|
|---|---|---|---|
| Monthly maintenance fee | € 4 | € 35 | € 50 |
| Additional account opening (sub-account) | € 50 | € 50 | € 150 |
| Instant transfers between Satchel users | Free | Free | Free |
| SEPA transfers (incoming) | Free | Free | Free |
| SEPA transfers (outgoing) |  |
|
|
| SWIFT transfers (incoming/outgoing) | |
|
|
| Mastercard physical card | |
|
|
| Virtual cards | |
|
|
| Cash withdrawals across the globe | |
|
|
| Mobile banking APP | |
|
|
| In-app live chat support | |
|
|
| All your money is protected by the Bank of Lithuania | 100% Secure | 100% Secure | 100% Secure |
| Open account | Open account | Open account |
Always at your service
For issues or questions, check out our FAQ page or contact us via phone, email or app chat.
Latest news
See all
Bank of Lithuania’s Financial Market Supervision Service annual meeting overview
Fintech After Brexit: What’s New and What to Expect
Banking as a Service Opportunities for Your Business
Get in touch with Satchel
Submit the form and we will reach you on the next business day.