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Cross-border payment

Cross-border payment

You can transfer funds to any country of the world

You can transfer funds in euro and in the required foreign currency to another account opened with a bank that operates abroad. International transfers are available online or at a bank unit of your choice.

To choose the best way to transfer your money cross-border, consider the destination country, the currency and how fast you need your funds transferred.

This method is used to transfer funds in different currencies to just about all countries of the world. The transfer is performed via correspondent accounts opened with correspondent banks, therefore you have to specify the details of your selected correspondent bank as well as the beneficiary’s account number and the bank’s BIC code.

Main features:

  • Money is transferred to many banks worldwide
  • The money transfer can be standard, urgent and express (the duration depends on the currency, the location of the remitter's bank and the time of filing the order)
  • The cost of transfer can be covered entirely by the payer (OUR) or the payer pays SEB Bank commission fees and the payee pays other bank commission fees (SHA)

For more information about bank accounts, money transfer, other related services, service terms and applicable charges please call +370 5 268 2822 or visit a SEB bank branch of your choice.

This money transfer includes:

  • all transfers in foreign currency (other than in euro) to other Lithuanian-registered banks or other countries
  • transfers in euro to banks registered in other countries, with the exception of the European Union, the European Economic Area countries, United Kingdom, Switzerland, Monaco, San Marino and Andorra
  • money transfers in all currencies if the payee's or payer's account number is not in the IBAN format

The complete list of payment currencies in which cross-border transfers are carried out

Standard cross-border payment at the Bank via the Internet
OUR1 EUR 34 and other banks charges EUR 24 and other banks charges
SHA2 EUR 23 EUR 13

A standard cross-border payment order is executed after 2 banking days, if the payment order is submitted by 10:00 p.m. on a banking day.

If the payment order is submitted after above mentioned time or on non-banking day, funds transfer will be executed one banking day later.
 

Urgent cross-border payment at the Bank via the Internet
OUR1 EUR 50 and other banks charges EUR 40 and other banks charges
SHA2 EUR 36 EUR 26

An urgent cross-border payment is executed next banking day, if the payment order is submitted by 3:00 p.m. on a banking day.

If the payment order is submitted after above mentioned time or on non-banking day, funds transfer will be executed one banking day later.

In case of CNY, INR, QAR, SAR currencies, no urgent cross-border payments may be executed.

 

Express cross-border payment at the Bank via the Internet
OUR1 EUR 90 and other banks charges EUR 80 and other banks charges
SHA2 EUR 65 EUR 55

An express cross-border payment is executed on the same banking day, if payment order submitted in
- EUR, USD, CAD, GBP by 4.30 p.m.
- BGN, BYN, CZK, HRK, KZT, MXN, RON, RSD, RUB, UAH by 10:00 a.m.
- DKK, HUF, PLN by 1:00 p.m.
- CHF, NOK, SEK by 3:00 p.m.

If the payment order is submitted after above mentioned time or on non-banking day, funds transfer will be executed one banking day later.
In case of AUD, CNY, HKD, ILS, INR, JPY, NZD, QAR, SAR, SGD, TRY, ZAR currencies, no express cross-border payments may be executed.

1 OUR – a payer pays SEB Bank and other bank commission fees. Other bank commission fees are debited from the payer's account.

2 SHA – a payer pays SEB Bank commission fees, the payee pays other bank commission fees, except where a fee cannot be debited from the payee's account in accordance with the rules set by the other bank.


Member states are the countries of the European Union and the European Economic Area.

Only shared charges (SHA) are allowed if payee‘s bank is registered in the European Union  or the European Economic Area country, United Kingdom, Switzerland, Monaco, San Marino, Andorra. Cross-border payment to the countries listed above are not executed if the bank fees are paid only by the payer (OUR).

Foreign currency is a currency other than the euro.

 


For more information about bank accounts, money transfer, other related services, service terms and applicable charges please call +370 5 268 2822 or visit a SEB bank branch of your choice.

There are two ways you can transfer money in foreign currency:

  • Log in to the internet bank, select “Payments”→ “New payment”, complete the required fields of the payment order and confirm the transaction
  • Visit a SEB bank unit of your choice, present your personal identity document and a required payment order:

Cross-broder Payment Order (PDF, 115 KB, in Lithuanian)


For more information about bank accounts, money transfer, other related services, service terms and applicable charges please call +370 5 268 2822 or visit a SEB bank branch of your choice.

If funds are transferred to you from an account opened with another bank operating abroad, it will be credited to your account on the same day it reaches the SEB Bank. The funds received from another bank after 5.00 p.m. may be credited to the payee's account on the next business day.

If funds are transferred:

  • to the bank account, which is already handled in payment currency, they will be credited in the currency they are received in
  • to the bank account, which is not handled in payment currency, they are automatically exchanged at the valid exchange rate of the SEB Bank
  • to a credit card account, they will be credited in euro (the transferred currency is automatically exchanged at the valid exchange rate of the SEB Bank)

What should you specify to the remitter for money to be credited to your account?

If you are expecting money to your account with the SEB Bank from abroad, you are required to specify to the remitter:

  • The number of your account with the SEB Bank in the international IBAN format (the funds are credited to the account based on that number)
  • Your first name and surname
  • Your residential address
  • Bank name (AB SEB Bank) and SWIFT code (CBVI LT 2X)
  • Exact name and SWIFT code of the nostro correspondent bank abroad

Choose a correspondent bank according to the transferred currency, country and terms of transfer.

Click here for sample details to be provided by the remitter when he transfers money to you from abroad.

Please note that when we credit money to the account we check the account number but we don’t check other details.

 


For more information about bank accounts, money transfer, other related services, service terms and applicable charges please call +370 5 268 2822 or visit a SEB bank branch of your choice.

Restrictions in executing payments

Restrictions in making US dollar payments

SEB bank provides US dollar payment service only to persons and companies that have indicated their place of residence or company registration in Lithuania. SEB bank will not be able to make payments in US dollars to other customers due to restrictions imposed by intermediary bank(s).

For your convenience, we advise you to make money transfers or receive incoming payments in SEB bank in euros or to execute payment orders in US dollars through a bank in the country of your residence or company registration.

Countries and territories subject to restrictions on payments

Due to international sanctions, mutual rules set by correspondent banks, SEB Group‘s and SEB bank‘s internal policies, it is restricted to make or receive payments related with countries and territories listed below:

  • Iran
  • North Korea
  • Syria
  • Venezuela
  • Crimea region of Ukraine

Countries and territories subject to limitations on payments

Due to international sanctions regimes or sanctions evasion risk, mutual rules set by correspondent banks, SEB Group‘s and SEB bank‘s internal policies, certain limitations might be applied for payments related with countries and territories listed below:

Afghanistan, Armenia, Belarus, Azerbaijan, Central African Republic, Transnistria (Moldova), Cuba, Democratic Republic of the Congo, Egypt, Guinea (Republic of), Guinea-Bissau, Iraq, Kyrgyzstan, Lebanon, Libya, Mali, Myanmar (Burma), Nicaragua, Ukraine, Somalia, United Arab Emirates, Lugansk/ Donetsk, Sudan, South Sudan, Zimbabwe, Yemen, Russia, China, Turkmenistan, Pakistan, Turkey

We may ask to provide additional information and documents if any direct or indirect connection with above mentioned countries or territories was identified, therefore execution of payment may be delayed.

The list of countries and territories is not exhaustive and restrictions may change over time taking into account changes in international sanctions regulation, mutual rules set by correspondent banks, SEB Group‘s and SEB bank‘s internal policies.

Contact

  • Private customers
    +370 5 268 2800
    (I–V 8.00–20.00 
    VI 9.00–18.00 
    VII 9.00–16.00)
  • Business customers

    +370 5 268 2822
    (I–V 8.00–17.00)
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