Satchel Current Account
Satchel’s European business (corporate) accounts are available worldwide and serve companies of all sizes, regardless of their years of activity and physical presence within or outside the EEA or Switzerland. Our digital-only banking services are thoughtfully crafted to ensure ease of use for companies operating beyond the EU/EEA. With our online business bank account, you will get access to a unique European IBAN; international SEPA, SEPA Instant, and SWIFT transfers in 38 currencies; corporate salary programs; virtual and plastic Mastercard payment cards.
To ensure a smooth application process for your corporate bank account, we strongly recommend that you familiarize yourself with the list of blacklisted jurisdictions in advance.
In line with our commitment to transparency, we encourage potential clients to not only review the information regarding our account offerings, but also our comprehensive fees page
We will add your application to our priority waiting list and will notify you as soon as our services become available in your country.
You can find the list of required documentation on our website:
Required documents for Individuals
https://satchel.eu/documents-set-for-personal/
Required documents for Businesses
To open a Satchel Business account, we need to confirm the details of the directors and primary shareholders of your company. This policy is in line with the “Know Your Customer” (KYC) regulatory procedure, which helps Businesses verify the identity of its clients. You will need to provide the details of individuals who own more than 25% of the cumulative shares of your Business. These shareholders and directors will need to provide a high-quality photo of an official ID, which is valid for at least the next three months. You can invite them to submit their ID check autonomously or upload the documents on their behalf. Please note that we may ask for additional documents.
Your master account is opened in EUR and comes with a unique IBAN and BIC code, designated for SEPA payments only. There is a possibility to open additional accounts for international transfers in various currencies via a shared IBAN. To order accounts in other currencies, please submit a SWIFT order form, and we will get back to you with the most suitable solution for your transactional needs.
Yes. Any Personal or Business Client of Satchel is granted a free access to our online banking services provided by means of App and Web version.
Yes, you can easily access your Satchel for account via your smartphone by downloading our mobile banking app (Satchel for iOS and Android). You can download the app here:
You can find your account details, including the IBAN, by taking the following steps:
Satchel Web Client office → Sign in to your Satchel account using a One-time Password → Go to the Accounts tab on the left side of your screen → Click on the Account that you need the information for → Click on the Funding Instructions tab and expand the details.
Satchel Mobile app → Sign in to your Satchel account → go to the Accounts tab → Click on the Account that you need the information for → Click on the Funding Instructions tab.
In order to receive funds to your Satchel account, you should provide your full account details to the payer. These can be found in your Satchel Client office:
Satchel Web Client office → Sign in to your Satchel account using a One-time Password → Go to the Accounts tab on the left side of your screen → Click on the Account that you need the information for → Click on the Funding Instructions tab and expand the details.
Satchel Mobile app → Sign in to your Satchel account → go to the Accounts tab → Click on the Account that you need the information for → Click on the Funding Instructions tab.
To order accounts in other currencies, please submit a SWIFT order form, and we will get back to you with the most suitable solution for your transactional needs.
If you would like to close your account, simply contact our Customer Support Team at [email protected] from your registered email and request to initiate the account closure procedure. Please bear in mind that additional fees may be applied.
You can see our tariff plans here.
Unfortunately, there is no possibility to reactivate an account that has been closed. If you wish to use our services again, please re-apply by submitting a Personal or Business account application form.
The only option that is currently available to fund your account is a money transfer from the account of another Financial Institution or the cash desk. You can find your account funding instructions by taking the following steps:
Satchel Web Client office → Sign in to your Satchel account using a One-time Password → Go to the Accounts tab on the left side of your screen → Click on the Account that you need the information for → Click on the Funding Instructions tab and expand the details.
Satchel Mobile app → Sign in to your Satchel account → go to the Accounts tab → Click on the Account that you need the information for → Click on the Funding Instructions tab.
Note: If you are making a transfer from another European bank account to your Satchel account in EUR, you have to make sure you are making a SEPA transfer in order to avoid any additional fees charged by your bank. The money will be credited to your Satchel account within 1-3 business days. Please note that SWIFT payments cannot be credited to a SEPA account.
Unfortunately, this option is unavailable at the moment.
In order to change your contact details or personal / business data, please contact our Customer Support team at [email protected]
A complaint can be submitted via three channels:
1. Registered mail sent to our office address Geležinio vilko g.18A, Vilnius, LT-08104, Lithuania;
2. E-mail [email protected];
3. Online form https://satchel.eu/customer-complaint-form/.
We welcome any constructive critical feedback from our customers, and kindly ask you to provide a detailed explanation of the issue/s you are experiencing. This will help us take appropriate action immediately.
or by submitting the form below