Change language:
Paragraphs

Effortless business onboarding with SEB

Get started in the way that suits you best

Internet bank

  • You can do it yourself
  • Available anytime, everywhere
  • In under 20 minutes

If you want full control over when and where you become a customer. It's also the fastest option.

Steps for opening account in internet bank

Login to Internet bank

Video meeting

  • Face-to-face meeting online 
  • Personal services recommendations
  • Takes up to 60 minutes

If you’d like to join from anywhere but still want some guidance when choosing the right services.

Steps for opening account during a video meeting

Book a meeting

Branch

  • In-person meeting 
  • Personal services recommendations 
  • Takes up to 60 minutes + waiting time

If you prefer speaking to someone in person and want a full consultation.

Steps for opening account in the branch

Book a meeting

Documents and requirements for opening an account

The main and one of the most important conditions to open the current account with us is that your company must have a connection with Lithuania.

We may ask for additional documentation, information or explanation where this is required (e.g. account statement, documents proving the origin of the funds, information about the group’s structure, beneficiaries etc.) according to local and international laws and regulations as well as to respect “Know your customer principle” before entering or proceeding with business relations.

The following documents must be submitted:

  • The contract or deed of establishment of a legal entity, or a notary-certified copy of it
  • A notarised authorisation of the founders to the representative to sign the bank account agreement (if it is not being signed by the founders, and if such authorisation to the representative is not specified in the founding agreement or deed)
  • Application for opening the accumulative account (filled in the bank)

The accumulative account is managed in euros only.

Before opening the accumulative account, we may ask you to submit additional documents, written explanations and to answer our questions about the nature of the company’s activities, planned operations or the origin of capital.
 

  • Paragraph 4 of Article 8 of the Law on Companies of the Republic of Lithuania establishes that the funds in the accumulative account of the company being established can be used only after the company has been registered in the Register of Legal Entities (lit. JAR). Considering this, the funds in the  accumulative account can be transferred only to an account opened in the name of the registered company at SEB Bank or another credit or electronic money institution
  • If the company is not established, the authorised capital can be paid out from the accumulative account based on the instructions of the founders or the authorised persons

The following documents shall be submitted:

  • Taxpayer registration certificate
  • If the account is opened to a bailiff, the order of the Minister of Justice of the Republic of Lithuania regarding the appointment to serve as bailiff
  • If the account is opened to an attorney-at-law, a certificate issued by the Lithuanian Bar Association, granting the right to engage in the activities of an attorney-at-law
  • If the account is opened to an assistant attorney-at-law, the decision of the Lithuanian Bar Association regarding registration of a person on the list of Lithuanian assistants attorney-at-law
  • If the account is opened to a notary, the order of the Minister of Justice of the Republic of Lithuania regarding the appointment to perform the duties of notary
  • If the account is opened for a farmer, the original of the their farm registration certificate or a notarised copy of it
  • Legal person’s questionnaire (PDF)
     

Special offers for newly established business

If your company was established no earlier than 12 months ago - take a look at our prepared special offers.

  • No fee for opening and managing company accounts and transferring money in euros online
  • 0,80% annual interest on savings deposit
  • E-commerce payment initiation service free for 3 months
  • Any business service plan 1 year free of charge
  • Up to three card readers without a subscription fee for 1 year
  • E-commerce payment solution without monthly fees
  • Unlimited Mastercard Business debit card usage
  • SEB Baltic Gateway basic services in operator's channel free of charge

Special offers from our partners for new SEB customers

Financial accounting services and business management tools to optimize processes.

  • Assistance to new companies in their establishment process
  • 100 euro discount when transferring company accounting to RoboLabs
  • Free system presentation

Get offer

Verskis logotype

Renting and selling e-shops that give you the opportunity to sell more. Lots of integrations and interfaces.

  • E-shop rental with 50% discount for 6 months
  • E-commerce business training
  • Training on advertising and customer traffic

Learn more

Frequently asked questions

If you are already an SEB private customer, you can open a business account online- in your private internet bank.

If not, you can book a video call or a bank visit to open one.

In most cases, it only takes about 20 minutes. However, in some situations, for example if we need to check additional documents, it might take up to 10 working days. We may ask for more info to follow legal requirements (called KYC – Know Your Customer).

The most important requirements include:

  • A clear connection to Lithuania
  • A transparent ownership structure
  • A transparent and understandable business model

What does „a clear connection to Lithuania mean?

This can include things like:

  • Your business activities are strongly connected to this country (production, services offered to local market, head office or operating office, warehouse, operational real estate etc.)
  • Most of your clients, long-term partners, or suppliers are from the country
  • You store or move goods through the country using local logistics

To meet local and international rules, we may ask for: 

  • Bank account statements
  • Proof of where the money comes from
  • A scheme of the company's ownership structure and supporting documents or clarifications documents
  • Other relevant documents

Yes – if you are an SEB private customer and represent the company.

Just log in to your internet bank and go to Accounts → Business account opening. It takes up to 20 minutes.

If you're not an SEB private customer yet, you can become one via the SEB mobile app or by booking a video meeting or bank visit.

It takes up to 20 minutes. 

To open a business account online (in the internet bank), you must be the company’s legal representative and meet all the following conditions:

  • You're already an SEB private customer with a current account and internet bank access;
  • You’re a citizen or resident of the country;
  • You have sole signing rights for the company;
  • You have a qualified electronic signature;
  • The company and its shareholders are registered in the same country;
  • The ultimate owners (UBOs) are citizens of that country.

If you meet the requirements, no extra documents are needed. 

As soon as the account is opened, you can start using it and access SEB’s business services right away.

You can find all prices and fees in our Price List.

In case the business has been established abroad, see the information on our website. 

Start-up account

The start-up account will help you to conveniently accumulate the share capital before registering your new company. You can open startup account remotely through State Enterprice Center of Registers or at any branch of SEB bank. You will be able to use this as the main account after establishing your company.

More about Start-up account

Media
Image
A woman sitting by the desk book in her hand and laptop on the table