{"id":864,"date":"2022-08-28T20:11:40","date_gmt":"2022-08-28T19:11:40","guid":{"rendered":"https:\/\/nolton.net\/wordpress\/?post_type=product&#038;p=864"},"modified":"2022-08-28T20:11:40","modified_gmt":"2022-08-28T19:11:40","slug":"bank-account-lithuania","status":"publish","type":"product","link":"https:\/\/nolton.net\/wordpress\/?product=bank-account-lithuania","title":{"rendered":"Bank account: Lithuania"},"content":{"rendered":"<p>A Lithuanian Electronic Money Institution can be opened for businesses that have been incorporated in most jurisdictions, including the UK. We work with this bank in Lithuania; they meet our high standards on confidentiality, have an excellent reputation and offer a wide range of banking services which we believe will suit most requirements. This Bank offers a wide range of different products and services.<\/p>\n<h2>Why Lithuania<\/h2>\n<ul>\n<li>English Speaking Country \u2013 which makes it easier for you to communicate with them<\/li>\n<li>Lithuania is a member of the European Union and the largest economy among the three Baltic States.<\/li>\n<li>Has a well-established banking institution with an efficient banking system and an international stock exchange<\/li>\n<\/ul>\n<h2>About the Bank<\/h2>\n<ul>\n<li>It is licensed by the Supervision Service Department of the Central Bank of Lithuania<\/li>\n<li>The Electronic Money Institution strives to allow people and businesses around the world to exchange money at the lowest possible rates, without hidden fees, and with great speed.<\/li>\n<\/ul>\n<h2>Offshore Banking Advantages<\/h2>\n<ul>\n<li>Standing order facilities makes it more convenient to settle reoccurring payments<\/li>\n<li>Dedicated relationship manager to accompany you with banking requirements<\/li>\n<li>Overdraft Facilities to enable you to better manage cash flow<\/li>\n<li>Cheque book Facility, which makes it more convenient for you to settle payments<\/li>\n<li>Monthly e-statements for easy account reconciliation<\/li>\n<li>Free MasterCard debit chip card<\/li>\n<li>Free internet banking to access your account anytime, eliminating time-consuming bank meetings<\/li>\n<\/ul>\n<h2>Corporate Documents Required<\/h2>\n<p>We require Corporate Documents for the company that is opening a Lithuanian Electronic Money Institution Account. The Corporate Documents do not need to be certified.<br \/>\nThe following Corporate Documents are required:<\/p>\n<ul>\n<li>Certificate of Incorporation<\/li>\n<li>Memorandum and Articles of Association (if your type of company doesn\u2019t have memorandum and articles then a similar document that sets out the rules of the company)<\/li>\n<li>Register of Directors<\/li>\n<li>Register of Shareholders\/Members<\/li>\n<li>Share Certificate(s)<\/li>\n<\/ul>\n<p>If the company is older than one year, we will require a Certificate of Good Standing. We can assist you with obtaining a Certificate of Good Standing from the relevant authority.<\/p>\n<h2>Personal Documents Required<\/h2>\n<p>They do require the following personal documents from each officer, beneficial owner, and authorised signatories within the company:<\/p>\n<ul>\n<li>Passport copy or ID Card copy<\/li>\n<li>SELFIE with a valid passport copy or ID Card (passport must be visible on the picture)<\/li>\n<li>Utility Bill (gas, water, electricity, water) \u2013 must be dated within last three months<\/li>\n<li>CV<\/li>\n<\/ul>\n<p>If any of the above documents are not in English, a translated copy must be obtained.<\/p>\n<h2>Documents required for any Corporate Officer<\/h2>\n<ul>\n<li>Certificate of Incumbency for Company acting as Officer within the Company<\/li>\n<li>Passport Copy for all Directors and Shareholders in the Company<\/li>\n<\/ul>\n<h2>Currencies Available<\/h2>\n<p>The account can be opened in euros.<\/p>\n<p>They will accept payments in the following currencies: AED, AUD, CAD, CHF, CNY, CZK, DKK, EUR, GBP, HKD, HRK, HUF, ILS, JPY, MXN, NOK, NZD, PLN, RON, RUB, SAR, SEK, SGD, TRY, ZAR<\/p>\n<h2>Visit Required?<\/h2>\n<p>They do not require a visit to open the Account. The Account can be opened remotely via email and telephone communication.<\/p>\n<h2>Initial Deposit<\/h2>\n<p>The initial deposit for this account varies depending on the residency of clients:<\/p>\n<ul>\n<li>EU Clients: 500 EURO<\/li>\n<li>Non-EU Clients: 1500 EURO<\/li>\n<\/ul>\n<p>There is also an account opening fee that needs to be paid into the account when opened. This also varies depending on the residency of clients:<\/p>\n<ul>\n<li>EU Clients: 375 EURO \u2013 Additional Account opening fee: 50 EURO<\/li>\n<li>Non-EU Clients: 1075 EURO \u2013 Additional Account opening fee: 150 EURO<\/li>\n<\/ul>\n<h2>Timescale<\/h2>\n<p>They have advised that it can take 3-10 working days after receipt of the full application for the compliance team to carry out initial checks to approve the application.<\/p>\n<h2>Offshore Banking Facilities Available<\/h2>\n<ul>\n<li>Accounts usually opened within 3-10 working days<\/li>\n<li>Payment Cards in different currencies with 2500 EURO daily withdrawal limit<\/li>\n<li>Mass-payment IBANs and cards<\/li>\n<li>White Label Services are available<\/li>\n<li>SWIFT Transfers and accounts in GBP, USD, CHF, PLN, and other currencies<\/li>\n<\/ul>\n<p><strong>Available for most jurisdictions<\/strong><\/p>\n<h2>Why Choose Nolton Consultants<\/h2>\n<p>Nolton Consultants will provide a fast, simple, and transparent service that goes the extra mile to ensure complete customer satisfaction. Our experienced team will offer full support throughout the bank application.<\/p>\n<p>Bank Account Introductions are not guaranteed, although we do try our best to ensure the account is opened. The Banks criteria can change without prior notice.<\/p>\n<p>Unfortunately, the Bank Account opening is at the discretion of the Bank, and their decision is out of our control.<\/p>\n<p>If the Bank declines your application for a Bank Account, kindly note that refunds cannot be provided as we have still processed the application for you.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lithuanian Electronic Money Institution<\/p>\n","protected":false},"featured_media":816,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"product_brand":[],"product_cat":[66],"product_tag":[],"class_list":["post-864","product","type-product","status-publish","has-post-thumbnail","product_cat-banking","first","instock","shipping-taxable","purchasable","product-type-simple"],"_links":{"self":[{"href":"https:\/\/nolton.net\/wordpress\/index.php?rest_route=\/wp\/v2\/product\/864","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nolton.net\/wordpress\/index.php?rest_route=\/wp\/v2\/product"}],"about":[{"href":"https:\/\/nolton.net\/wordpress\/index.php?rest_route=\/wp\/v2\/types\/product"}],"replies":[{"embeddable":true,"href":"https:\/\/nolton.net\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=864"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nolton.net\/wordpress\/index.php?rest_route=\/wp\/v2\/media\/816"}],"wp:attachment":[{"href":"https:\/\/nolton.net\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=864"}],"wp:term":[{"taxonomy":"product_brand","embeddable":true,"href":"https:\/\/nolton.net\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Fproduct_brand&post=864"},{"taxonomy":"product_cat","embeddable":true,"href":"https:\/\/nolton.net\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Fproduct_cat&post=864"},{"taxonomy":"product_tag","embeddable":true,"href":"https:\/\/nolton.net\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Fproduct_tag&post=864"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}