Why Choose Lithuania?

• English Proficiency: Facilitates easy communication.
• EU Membership: Lithuania is a member of the European Union and the largest economy among the Baltic states.
• Advanced Banking System: Lithuania boasts a well-established banking sector with an efficient system and an international stock exchange.

About the Bank

• Licensing: Licensed by the Supervision Service Department of the Central Bank of Lithuania.
• Cost-Effective Transactions: The EMI allows global businesses to exchange money at low rates, without hidden fees, and with rapid processing times.

Offshore Banking Benefits

• Convenient Payments: Standing order facilities simplify recurring payments.
• Personalized Service: Dedicated relationship managers for your banking needs.
• Financial Flexibility: Overdraft facilities to manage cash flow.
• Ease of Transactions: Cheque book facility for easy payment settlements.
• Efficient Account Management: Monthly e-statements for easy reconciliation.
• Accessible Banking: Free MasterCard debit chip card and free internet banking for 24/7 account access.

Required Corporate Documents

To open a Lithuanian EMI account, the following corporate documents are required (certification not necessary):

• Certificate of Incorporation
• Memorandum and Articles of Association (or equivalent documents)
• Register of Directors
• Register of Shareholders/Members
• Share Certificates

For companies older than one year, a Certificate of Good Standing is required. We can assist in obtaining this certificate if needed.

Required Personal Documents

The following documents are needed for each officer, beneficial owner, and authorized signatory:

• Passport or ID card copy
• Selfie with a valid passport or ID card (document must be visible)
• Recent utility bill (dated within the last 3 months)
• Curriculum Vitae (CV)

If any documents are not in English, a translated copy is necessary.

Corporate Officer Documents

• Certificate of Incumbency for any corporate officer
• Passport copies for all directors and shareholders within the company

Available Currencies

Accounts can be opened in Euros, with payments accepted in a variety of currencies including AED, AUD, CAD, CHF, CNY, CZK, DKK, EUR, GBP, HKD, HRK, HUF, ILS, JPY, MXN, NOK, NZD, PLN, RON, RUB, SAR, SEK, SGD, TRY, and ZAR.

No Visit Required

Accounts can be opened remotely via email and telephone communication, eliminating the need for a physical visit.

Initial Deposit

The initial deposit requirements are:

• EU Clients: 500 EUR
• Non-EU Clients: 1500 EUR

Additionally, an account opening fee is required:

• EU Clients: 375 EUR (additional account opening fee: 50 EUR)
• Non-EU Clients: 1075 EUR (additional account opening fee: 150 EUR)

Timescale

Approval of the account typically takes 3-10 working days after receiving the complete application for the initial compliance checks.

Offshore Banking Facilities

• Swift Account Opening: Accounts usually opened within 3-10 working days.
• Payment Cards: Available in various currencies with a daily withdrawal limit of 2500 EUR.
• Mass-payment IBANs and Cards: Facilitates large-scale transactions.
• White Label Services: Available for tailored banking solutions.
• SWIFT Transfers: Accounts available in GBP, USD, CHF, PLN, and other currencies.

For further details, please refer to the bank's fee schedule or contact us directly.