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Simply better banking for your business

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Started your business in previous 12 months?

Don’t pay for your service plan for 2 years*

 

  • Free European payments
  • Debit cards  („Mastercard Business“) and current accounts without a monthly fee 
  • Beneficial conditions for using payment terminals in your point of sale or for delivery needs

*Intended for companies with a maximum of 12 months from the date of establishment and which have not previously been a business customer of SEB Bank. The offer is valid until October 31.

It takes only 3 steps to have a simply better banking

Meet with us via video chat or in a branch

Sign an agreement and start using our services

All service plans include

Discounts on fees for POS terminals and e-commerce solutions
Unlimited bank accounts
Free payments to SEB bank accounts
Possibility to change your plan anytime

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.

  • Identity document of the representative of the company
  • 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.)
  • Company seal if such is required by founding documents or by laws
  • Questionnaire for Legal Entities
  • If the legal entity is a general or limited partnership - a joint activity agreement
  • if the agreement is signed by the authorised person of the legal entity – notarized power of attorney to sign a bank account agreement approved by the head of the legal entity

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.)

Any transcripts of documents filed at the bank must be notarized.

  • 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 non-residents@seb.lt. Following the document verification, which may take up to 3 months, the customer will be contacted personally

  • 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 at Register Center by using mobile ID

  • 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

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