Bank Accounts for Lithuanian Companies

Registering a company is just the step one of starting your business. The next stage is opening a bank account so that the entity may start trading. Our team offers assistance in selecting the banking partner and opening accounts for both corporate entities and natural persons. Contact us for a list of available banks in Lithuania. If local financial institutions are not enough, we offer forging relationship with banks and payment institutions that operate in Europe and in other parts of the world.

Time saving

No hidden fees. You provide a single payment that covers all expenses, we take care of the rest.

One stop shop

Company formation plus virtual office plus banking plus professional business advice.

Speed and superb customer service

Hundreds of satisfied customers can attest to our professionalism.

Remote procedure available

You do not have to travel if you don’t want to. The process can be carried out remotely.

Burden is ours

We take care of all the formalities and prepare all documents necessary to start a business.

Do you wish to start the procedure?

Just drop us an email or give us a call and we will send you short list of information that we need. After you provide it to us you can come anytime to proceed with the formalities.

Corporate Bank Accounts in Lithuania

Opening a corporate bank account is a critical step after forming or acquiring a company in Lithuania. ShelfCompanies24 has established strong relationships with major Lithuanian banks and assists clients with the entire account opening process.

Major Banks in Lithuania

We work with the following banks and financial institutions in Lithuania:

SEB, Swedbank, Luminor, Šiaulių bankas, Revolut (EU HQ)

Eurozone member. Fintech hub — Revolut, Vinted, N26 licensed here.

Account Opening Process

Bank selection — Based on your business type, expected transaction volume, and currency requirements, we recommend the most suitable bank.
Document preparation — We help prepare all required documentation including corporate documents, business plan summary, and compliance materials.
Application submission — We submit the account application to the selected bank on your behalf.
Compliance review — The bank conducts its KYC/AML due diligence checks.
Account activation — Once approved, you receive account details, online banking credentials, and payment cards.

Required Documents

Certificate of incorporation
Articles of association
Register of directors and shareholders
Passport copies of all directors and beneficial owners
Proof of address for all directors and beneficial owners
Description of business activities and expected turnover
Source of funds documentation

Account Features

Feature	Details
Currency	EUR (Euro) + multi-currency options available
Online Banking	Available with most banks
Debit/Credit Cards	Corporate cards available
SEPA Transfers	Lithuania banks support SEPA payments
International Transfers	SWIFT transfers worldwide

For assistance with opening a corporate bank account in Lithuania, please contact our consultants.

Related Services in Lithuania

Frequently Asked Questions

Which banks can I open an account with in Lithuania?

We work with major banks in Lithuania including SEB, Swedbank, Luminor, Šiaulių bankas, Revolut (EU HQ). We recommend the best bank based on your business needs.

Can I open a bank account in Lithuania remotely?

Remote account opening depends on the bank’s policy. Some Lithuanian banks allow remote opening while others require a personal visit. Our team advises on the best approach.

What documents are needed to open a corporate bank account in Lithuania?

You will need the company’s incorporation documents, passports and proof of address for directors and beneficial owners, and a description of business activities.

How long does it take to open a business bank account in Lithuania?

The account opening process in Lithuania typically takes 1-4 weeks depending on the bank and the complexity of the corporate structure.

Content prepared by Julia Thompson, Corporate Client Service Specialist at ShelfCompanies24. Graduate of Faculty of Law at Jagielonian University and College of Law at Florida State University. Approved by Tomasz Bielski, Managing Director.

Bank accounts for Lithuanian companies