‘Proud to be Ukrainian’ - a free tariff for Ukrainian citizens

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Manage business finances
in a secure and simple way
Unlock full financial freedom with secure digital money management solutions from Satchel.
A wide range of transactions, reporting, currency exchange and more in a single click.
Personalized
approach
For any business needs
01 For Companies

Your employees, clients and partners are scattered across different countries? With a multi-currency IBAN linked to a single account, you can transact internationally in 38 currencies. Hassle free.

Open business account

02 For Freelancers

Need to manage multiple clients and stay flexible in your transactions? Accommodate all needs with a customized approach to streamline all payments. Directly from the Satchel app or web Client office.

Open personal account

Satchel
possibilities
With Satchel you can
  • 01 Receive

    Manage incoming transactions in any supported currency, from anywhere in the world.

  • 02 Pay

    Make international payments via SEPA or SWIFT, depending on the currency and geography of the transaction.

  • 03 Convert

    Currency exchange without hidden fees. Transpert sustem will allow you to know exactly how much money will you get.

  • 04 Manage

    Experience a variety of useful features for a 360-degree control over your funds, 24/7.

Pay with
card
MANAGE ON THE GO

Get plastic and virtual payment cards for all your business needs and then manage all your accounts in one mobile app. Transact internationally in 38 currencies in just a few clicks!

Come with an EU IBAN that can be connected to PayPal for funds withdrawal.

Online
registration
Remote account opening in 6 steps

Fill out and send us the application form, attaching the required documents. The process is fully remote.

Once your account application is approved, we will send you an email with a password setup link.

After setting the password, download our app from the Google Play Store or App Store.

Follow the instructions in the Satchel app and use your smartphone's front camera to verify your identity.

Compliance review can take from a few hours to 5 business days, depending on the specific case. We will contact you if there are any problems with the documents you provided.

Trusted
partners
We rely on
Satchel
overview
Why Satchel?
Business and private accounts

Simple money management with no local banks involved or a full financial system for a company. Get a customised solution for your needs.

Multi-currency IBANs

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.

SEPA and SWIFT payments

Streamline transactions in euro across the EU with SEPA. Or use SWIFT for international incoming and outgoing transfers in 38 supported currencies.

Expert customer support

Contact us via phone, email or app chat in case of any issues or questions. Our experts are always ready to help you.

AML, Compliance, Fraud-prevention

We adhere to highest EMI security standards to keep your money and personal data safe. 3D Secure, 2FA and other smart security tools help us detect and prevent any potentially harmful activity.

We don’t use your money for our needs

Under our license, we are obliged to keep clients’ money in a separate account with the National Bank of Lithuania. This way we eliminate any concerns on your part regarding the security of funds location.

About
Satchel
Who we Are?
We don't just offer services.
We guarantee results.
More About Us

We created Satchel in 2018. Our goal was to become a full-fledged, fast and reliable financial assistant for our clients.

Today, Satchel is one of the world’s leading EMIs based in Lithuania. Combining years of experience, advanced technology, and proprietary financial infrastructure we develop fintech solutions to guarantee secure, simple, and smart money management tools for our clients.

Customer
reviews
OUR COMMUNITY
  • Arthur Shakurov
    CEO at LaunchIT
    As a digital marketing agency owner with most of the clients located in the EU, it is essential for me to have a reliable way to receive the payments via IBAN and pay invoices to counteragents like media outlets and ad networks.

    Over the years, Satchel proved to be a viable partner that I can rely on. Also, a no-hassle traveling with their card is a fantastic add-on.
  • Viktor Shkurba
    CEO at KA.KA.HA
    We have offices in 4 European countries. Therefore, it was essential for us to find a unified system that would help to close all financial issues in each of them. Ideally, remotely, since it’s not very convenient to wander between countries for opening accounts and conducting business.

    Satchel helps a lot with it. For the entire time of working with them, there were no questions. And you know, taking into account that as an advertising agency we really love questions, that’s actually great.
  • Mario S.
    BaaS program
    I am the CEO of a Milan-based financial consulting firm for startups. Being in the business for over 6 years, we realized that one of the most common issues our clients face is the difficulty to open an account for their company in an Italian bank.

    This is why I decided to leverage the BaaS offer of Satchel and, honestly, it was one of the best decision’s I’ve made for my business. We can now open accounts and process payments of our clients directly, with no intermediaries. The set-up was really fast and the platform is very easy to manage and navigate.
  • Petros D.
    Freelancer
    As a freelance iOS developer, I have clients reaching out to me every day through Toptal, Freelancer, and my website. They are usually located all over the world from the Philippines to UAE and Ireland, so I needed an account that would give me multiple things at once.

    I opened an account remotely at Satchel that was suggested by a friend of mine, and now create invoices and accept payments without any problems. The exchange rates are really great, so I often let my clients pay in their local currency if preferred. Overall, a great experience.
Frequently
asked questions
How can we help?

We have segmented the questions our customer support team receives most frequently into six main blocks. In each of them you will find information on the use of our services and instructions in case of problems, such as card loss or forgotten password.

Helpful
info
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