A one-step solution
for simple money
- 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
Remote account opening
Wherever you are, use your smartphone or any other device to open your account hassle-free with a unique European IBAN. Your application with just two personal documents will be processed within hours.
I moved to the Czech Republic to study at Charles University in Prague. Since I planned to stay here for at least 4 years, I needed a way to quickly get money from my family. Satchel saved me perfectly: there have never been any problems with transfers or payments, especially on the Internet. After a year of study, I got a paid internship and my employer was able to pay my salary directly to my Satchel account, which greatly simplified the situation.KaterinaCzech Republic
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 account
that suits you best
|Monthly maintenance fee||€ 1||€ 1||Free||€ 35|
|Additional account opening (sub-account)||€ 50||€ 50||Free||€ 150|
|Instant transfers between Satchel users||Free||Free||Free||Free|
|SEPA transfers (incoming)||Free||Free||Free||Free|
|SEPA transfers (outgoing)|
|SWIFT transfers (incoming/outgoing)|
|Mastercard physical card|
|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||100% Secure|
Open account online in 3 steps
Submit your online application with just two personal documents attached.
We will process the application remotely within 1-3 business days.
As soon as all the checks are done, you will receive an official welcome email.
A personal current account is an account dedicated to the management of an individual’s personal finances. Usually, personal current accounts are used for payments, transfers, expense tracking, salary crediting, and other routine financial operations. Overall, these work similarly to bank accounts and deliver the same functionality in a convenient, user-friendly interface.
Satchel offers personal and freelancer accounts with remote account opening. A personal account is a one-step solution for simple money management and comes with a unique European IBAN and virtual and physical Mastercard payment cards for secure everyday purchases. A freelancer account allows you to manage your invoices and payments as an entrepreneur, in a smart and efficient way. It also comes with a unique European IBAN, Mastercard payment cards, and transparent pricing, which will allow you to build trust, boost your career, accept international payments, and keep track of your finances.
Below you will find the full list of documents needed to open a personal account at Satchel:
1. Online application form.
2. High-quality colored scan of the passport or national ID.
3. Proof of address.
4. Verification through the Ondato solution.
For more details, please visit https://satchel.eu/documents-set-for-personal/.
Opening and managing two bank accounts might seem inconvenient, but we strongly recommend not using your personal account for business purposes due to legal implications. In fact, an essential step for starting a business is opening a corporate account, which will allow for precise reporting and cash flow management.
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