Payment system (EMI) Satchel: open business bank account online for IT business and online trading
02.09.2026
Payment system (EMI) Satchel
Open bank account for business: about the bank, who it works with in Lithuania, open bank account for company for non-residents, payments, fees and key features.
Open bank account online for company 2026
Information about the bank and open business bank account
Satchel is a European EMI with open company bank account and transfers for companies from supported industries and countries. In 2026, before submitting an application, the current legal entity, licence and availability of the required product are checked.
Lithuania combines traditional banks with a large licensed EMI and neobank sector, including crypto-friendly bank account opening for company and competitive USD/EUR payment fees for international clients. The institution should be selected not only by country, but also by currencies, counterparties, the need for credit or cards, and the availability of a backup payment channel.
Open bank account for business for a non-resident or offshore company
An application from a non-resident company to Payment system (EMI) Satchel is reviewed individually. A strong profile includes a clear business activity, working website, contracts, expected turnover, countries of counterparties, source of funds and a clear business connection with Lithuania. The provider is assessed as a payment institution or platform; payment details do not mean that the product is a bank deposit.
Bank fees for open bank account for company and SWIFT/SEPA payments in USD/EUR
| Setup | After review of the company and beneficial owner; no single public rate is set for international business. |
|---|---|
| Account service | According to the selected plan and the set of currency account details. |
| Local payments | According to the provider tariff; available channels: EUR, SEPA and SWIFT. |
| International / FX | Transfer fee plus currency conversion; the total depends on the currency, country and type of recipient. |
Bank fees for open business bank account | Cost of open company bank account and USD/EUR payments
Other open bank account for business options
Lithuania — bank account for UK Ltd company in a local bank or EMI: recommended to review Payment system (EMI) VIALET / Mano Bankas. For stable operation of your business, we recommend additionally open bank account for company in another country: see bank selection for a second company bank account opening.
Open UK/US/EU Business account for UK Ltd or offshore company
- We open a bank account online for the company director. In most banks and payment systems, to open company account online it is first necessary to open a personal account with the same bank or payment system for the company director. This is connected with using one application to manage online banking.
- We prepare documents for online company account opening. Full support for online account opening and form completion, direct consultations and remote expert assistance through TeamViewer / messengers, work with financial monitoring, preparation and review of the KYC/KYB package before submission to the bank, payment support and explanation of the source of funds for the business.
- Company account is open. What next? We support online opening of the company’s second account with a European payment system / EMI or a second account with a traditional bank. On request, we support preparation of the initial document package for the company to work with your business: contracts, invoices and specifications taking into account financial monitoring requirements in the country of your bank, correspondent banks and the recipients/senders of funds.
Do you need an IBAN bank account opening for business for a UK Ltd or offshore company with a European bank? We will select the best solution for your activity and payment directions, incoming and outgoing turnover, currency, payment purposes and the preferences of your business partners. We recommend using two bank account opening for UK company — a main business bank account opening and a backup UK Ltd company bank account opening — to diversify risks and make payments more convenient; usually this is a payment system and a traditional bank.
Ask a question about opening an account onlineWHAT TO DO AFTER Bank account opening for business
Open bank account for company is not enough; keeping it working is important.
Payment system (EMI) Satchel and a working bank account opening for company are already 70% of success. But it is also important to keep the company bank account opening working for as long as possible. That is how the system works. Sooner or later it will happen. The main thing is that by that time you have managed to achieve the main business goal — make a profit. And you will continue working through the second business bank account opening that you opened in advance as a "wallet". If so, you are on the right track. We wish you success in business!