Current account

Bank account is the account, which is the centre of all our provided services. A current account is for making money transfers and cash transactions, depositing and managing finances via Internet Bank.

Open account

Advantages

Safely manage and transfer your company’s funds
Easy managing in different digital channelsOpen additional current accounts to separate the funds for different purposes or projects
Get account statements and transaction information in the most convenient way and format for you. See more

Multi currency account options

Receive domestic and cross-border payments either converted into euros or in the received foreign currency
Add additional currencies and make payments in various currencies from a single account
Buy and sell foreign currency

Manage your accounts conveniently

Only the administrator of company’s internet bank have rights to manage accounts.

To apply the administrator rights, please contact your client executive, register for a video meeting or visit the nearest bank branch.

Learn more

Change settings of the accounts at any time
No need to contact the bank and submit applications
Save financial resources – no commission fee is applied to the changes made in the internet bank

Learn more

Deposits guarantees

Main information on deposit insurance (PDF)

Price list

Services	Fee
Minimum bank service fee¹: bank account opening bank account maintenance bank account closure administration of incoming payments²	EUR 4.30/month
Minimum bank service fee for non-residents³: bank account maintenance bank account closure administration of incoming payments²	EUR 50/month
Account opening for non-residents	Free of charge
Data verification⁴	EUR 700
Payment institutions or E-money institutions monthly service fee for: - Safeguarding account, or - Client payment account	EUR 700/month
Account balance fee⁵ for business customers⁶ (for balances exceeding EUR 1 000 000. SEK 9 500 000. DKK 7 500 000. CHF 1 000 000)	Central Bank⁷ annual interest rate (%), assuming a year of 360 days
Account balance fee⁵ for credit institutions⁸ and brokerage firms (for balances exceeding EUR 500 000. SEK 9 500 000. DKK 7 500 000. CHF 1 000 000)	Central Bank's⁷ annual interest rate (%) minus 0.5 percentage point, assuming a year of 360 days
Bank account statement for period indicated by a client¹²	EUR 12.10
SWIFT Account Statements / Report¹⁰
MT940 – end-of-day account statement	EUR 35/month
MT941 – account balance report:
- once per day	EUR 30/month
- twice per day	EUR 60/month
- three times per day	EUR 90/month
MT942 – information about account transactions	EUR 2/message
Camt.052 – intraday account report	EUR 1 /message
Camt.053 – end-of-day account statement	EUR 35/month
Mailing of a statement of bank account or any other document:
by post in Lithuania¹²	EUR 1.75
by post to a foreign country¹²	EUR 7.01
Payment document endorsement by the bank¹²	EUR 0.70/page
Other services
Generation of a POS terminal statement covering the client’s specified period^11,¹²	EUR 12.10
Issuing a certificate to a client’s auditor, when the certificate is prepared in accordance with the standard certificate form¹²	EUR 48.40
Issuance of the bank confirmation about the payment¹²	EUR 12.10
Standard certificate on a bank account balances, existence as the bank client, closing of accounts (in Lithuanian or in English)¹²	EUR 12.10
Non-standard certificate on term deposits, securities, restrictions, liabilities etc. (in Lithuanian or in English)¹²	EUR 36.30
Client requisites endorsement¹²	EUR 6.05
Issuance of a certified document copy¹²	EUR 1.75/page

¹ The fee is applied for every bank account of a client. If there are no funds in the client's accounts and calculated fees remain due, charging is suspended from the fourth month onwards until funds are deposited in the account or the account is closed.

² Administration of incoming payments in all currencies transferred within SEB Bank and administration of incoming payments in euro from other banks registered in Lithuania, the EU, the EEA countries, United Kingdom, Switzerland, Monaco, San Marino, Andorra and Vatican City State.

³ All legal persons having their registered office outside Lithuania are classified as non-resident customers.

⁴ The fee applies to non-residents business clients and business clients registered in the Republic of Lithuania, if at least one of such client’s participants (founders / shareholders / members), ultimate beneficiaries and / or private / legal persons in the ownership / control structure comply with the definition of the private / legal non-resident client, as is indicated in the price lists. The fee shall be paid before the verification carried out by the bank and before the bank’s decision to start business relationship with the client, also, each time, when during the relationship with the client, the data of the persons indicated in this section changes.

⁵ We will give 10 working days' notice of the fee. The fee shall be calculated for each calendar day on the basis of the total amount of the client's bank account balances at 23.00 and the amount of payment orders submitted by the client to the payee's payment service provider after the deadlines for the execution of payment orders⁹. The fee component of the amounts of the submitted payment orders shall be calculated until the bank transfers the funds under the payment orders to the payee's payment service provider or its correspondent bank. The fee shall not apply if the central bank interest rate in the relevant currency listed in the table is zero or above zero. The fee shall be debited in the following calendar month in respect of the preceding month in accordance with the procedures set out in the Bank's General Rules.

⁶ Business client means a client to whom the Bank applies business client service fees.

⁷ EUR – ECB deposit facility rate
   SEK – Sveriges Riksbank repo rate
   DKK – Danmarks Nationalbank Certificates of deposit rate
   CHF – Swiss National Bank negative interest rate

⁸Credit institution means banks of the Republic of Lithuania, branches of foreign banks, representative offices of foreign banks, banks of the European Union operating in our country without establishing a branch, credit unions operating in Lithuania and the Central Credit Union of Lithuania, as well as financial companies controlled by foreign banks licensed by the European Union and operating in Lithuania without establishing a branch.

⁹ Payment order execution terms are set out in the section on fees for European and international money transfers.

¹⁰The fee is applied per each account based on agreement. The amount of the fee calculated for the month is debited at the end of the month.

¹¹ The fee applies to non-standard statements or statements covering more than the recent six months’ period.

¹² We quote the prices with the value-added tax (VAT) included.

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.

If you need to open account before registering company, visit Start-up account page.

For a company established in Lithuania

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. For more information, please visit the “Why do banks ask?” section on our website.
If you need to open account before registering company, visit Start-up account page.
Please be reminded that starting on August 1, 2022, legal entities shall provide the information on their beneficiaries to the Beneficiaries Subsystem JANGIS of the State Enterprise Centre of Registers. This obligation is being implemented due to the change in the Law on the Prevention of Money Laundering and Terrorist Financing. If the data is not provided, we will not be able to consider starting a business relationship with an organization.

Access code to Centre of Registers for electronic certified extract or original expanded extract from the Centre of Registers (<3 months before applying to bank)
Company's incorporation documents (Articles of Association, regulations, etc.)
Identity document of the representative of the company
Company seal if such is required by founding documents or by laws
Questionnaire for Legal Entities
A detailed scheme of the company's ownership structure and supporting documents:
- In the scheme, for each of the participants (legal and natural persons) holding 25% or more shares or voting rights at each level of the structure indicate: full name of legal entity/name, surname, registration code/date of birth, country of registration/residence country, and the percentage of shares/voting rights held
- If a participant of the ownership structure is a foreign-registered entity or data is not registered in the Information System for Participants of Legal Entities (JADIS) of the State Enterprise Centre of Registers, provide documents from a reliable and independent source that indicate information about shares or voting rights holders, involved in the structure
- No additional verification documents are required if such information is available in JADIS. All legal entities registered in the Republic of Lithuania with the following legal form are required to submit data to JADIS: UAB (private limited liability company), MB (small partnership), VŠĮ (public institution), ŽŪB (agricultural company), cooperative company, TŪB (general partnership), KŪB (limited partnership), charity and sponsorship funds, which are non-governmental organizations

The bank may ask you for additional documents or information where this is required according to laws and regulations (documents proving the origin of the money, information about the group’s structure, true beneficiaries and etc.). In certain cases, opening an account may take up to 10 business days from the date of submission of all standard and additional documents.

Important

If the agreement is signed by the authorized person of the legal entity – notarized power of attorney to sign a bank account agreement approved by the head of the legal entity
Any transcripts of documents filed at the bank must be notarized
The documents must be issued no earlier than 3 months before the submission to the bank
Documents issued abroad must be additionally certified with an apostille or legalized (depending on the country in which they were issued). Documents written in a foreign language should be translated into Lithuanian. The translation must be signed by the translator, and the signature must be notarized
Provide a joint activity agreement if the legal entity is a general or limited partnership

For a company established abroad

Certificate of registration from the Register of Legal Entities (issued < 3 months before the legal entity applies to the bank) or the Certificate of Incorporation
Company's incorporation documents (Articles of Association, regulations, etc.)
Transcript of the decision of the management body which testifies to the appointment of the head and the right to dispose of the funds contained in the account, if this is not established in the incorporation documents
Power of attorney to sign a bank account agreement issued by the head or other management body of the legal entity, if the agreement is signed by a person authorised by the legal entity
Relevant identity document of the person who signs the agreement:
Company seal if such is required by founding documents or by laws
Questionnaire for Legal Entities, if the ultimate beneficial owner (beneficiary) of funds in the account is another person as well as Entity tax residency self-certification form
Legal entity’s shareholders structure
Detailed written description of economic activities and business interests in the Republic of Lithuania
Documents supporting the economic need of banking services in the Republic of Lithuania (e.g. agreements with business partners in the Republic of Lithuania, etc.)
12 recent months’ statements of accounts from financial institutions whose services are used by the legal entity
Annual Accounts

All these documents must be translated into Lithuanian and the translator’s signature must be certified by a notary of the Republic of Lithuania. The documents must also be legalized according to the laws and regulations of the Republic of Lithuania.

The bank may ask you for additional documentation or information where this is required according to laws and regulations.

Please send all the required documents by email at nonresidents@seb.lt. Following the document verification, which may take up to 3 months, the customer will be contacted personally.

For a company under incorporation

The Memorandum of Association or the Incorporation Agreement of the legal entity or its notarized copy
Application to Open an Accumulation Bank Account (to be completed at the bank)*
If the bank account agreement is signed by someone else than the founders and such authorisation is not established in the Memorandum of Association or in the Incorporation Agreement, a notarized power of attorney to sign a bank account agreement issued by the founders is needed

* There is a convenient option to open the accumulative account in SEB online.

For bailiffs, attorneys, notaries or farmers

A taxpayer's registration certificate
An order of the Minister of Justice of the Republic of Lithuania on the appointment of an individual to the position of a bailiff, if the account is being opened for a bailiff
A certificate issued by the Lithuanian Bar Association which grants the right to practice as lawyer, if the account is being opened for an attorney
A decision of the Lithuanian Bar Association to include an individual in the Lithuanian List of Legal Assistants, if the account is being opened for a legal assistant
An order of the Minister of Justice of the Republic of Lithuania on the appointment of an individual to the position of a notary, if the account is being opened for a notary
The original copy or a notarized transcript of the registration certificate of a farm, if the account is being opened for a farmer
Application to Open an Account (to be completed at the bank)
Questionnaire for Legal Entities