The main banks in Lithuania are Swedbank, SEB bank, Luminor, Šiaulių bankas, Medicinos bankas, and Danske bank (provides services to business customers only).

To open a bank account in Lithuania is relatively easy. However, foreigners are usually required to already have a residence permit and be registered as residents of Lithuania. The fees to open a bank account can vary from 0 EUR to 200 EUR (for non-residents) and sometimes is paid before making verification and a decision to enter into a business relationship. If you wish to get a credit card you might also have to provide a proof of income and your relation to Lithuania (work contract, documents evidencing real estate property in the Republic of Lithuania, study certificate etc.).

Information updated: 2019-01-25
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