Euro Payments
Euro transfers can be executed to any account in Lithuania and abroad. More on your rights in a leaflet released by European Commission.
Instant payments
Key features:
- money reaches the beneficiary in a few seconds;
- instant payments are made 24 hours round without days off and public holidays;
- the amount transferred may not exceed EUR 100,000;
- the beneficiary's bank must be connected to the instant payment system;
- payments are made via the bank's on-line banking. When making a payment, in the menu select "Payments" -> "Outgoing payment” and choose "Instant“ in the "Payment priority" field.
Time of the fund transfers
The time within which the SEPA transfers in euros are completed:
- Transfer to your or other client’s account in Šiaulių Bankas will be carried out on the same day (using internet bank it is carried out as specified in Time of Operation Execution on Internet Bank);
- Transfer to other banks registered in Lithuania will be carried out on the same business day, upon giving payment order before 04:00 pm;
- Transfer to other banks registered in the EU and EEA member states will be carried out on the same business day, upon giving payment order before 04:00 pm.
PLEASE NOTE! Wishing to execute an very urgent transfer in euro to the banks registered in the EU or EEA member states or transfers to the banks registered in other foreign states, you have to fill a payment order in foreign currency form.
The time within which other transfers in euro are completed:
- Very urgent transfer in euro to the EU and EEA member states will be carried out on the same business day upon giving the payment order before 04:00 pm;
- transfer to the banks registered abroad (except the EU and EEA member states) shall be executed:
- Ordinary transfer will be carried out within 2 business days upon giving the payment order before 10:00 pm;
- Urgent transfer will be carried out next business day upon giving the payment order before 05:00 pm;
- Very urgent transfer will be carried out on the same day upon giving the payment order before 03:00 pm;
If the payment order is submitted after the specified time, the transfer is made on the next business day.
Payment orders
Wishing to transfer funds in euro:
- to other banks registered in Lithuania, EU and EEA member states, you have to fill the payment order form;
- to the banks registered in the foreign countries except EU and EEA member states a payment order in foreign currency form.
Credit of Funds
NOTE: Performing a payment please verify accurately if the account number is indicated correctly. The payment transaction shall be executed according to the beneficiary's account number indicated by You.
If the account number is indicated incorrectly, the funds can be credited to another client's account even if the beneficiary’s name is indicated correctly.
I. SEPA payments to banks registered in Lithuania that are not participants of the CENTROlink payment system of the Bank of Lithuania and to banks in other SEPA countries.
|
Time of submission of the payment order |
Estimated time of execution of the order |
|---|---|
|
7.30 a.m. - 9.30 a.m. |
12.15 a.m. |
|
9.30 a.m. - 12 noon |
13.15 p.m. |
|
12 noon - 2.30 p.m. |
15.15 p.m. |
|
2.30 p.m. - 4.00 p.m. |
17.25 p.m. |
|
4 p.m. - 6 p.m. |
D+1 – 10.00 a.m. |
|
After 6.00 p.m. |
D+1 – 12.15 a.m. |
* Swedbank AB, SEB Bankas AB, Danske Bank A/S Lithuanian Branch, „Luminor Bank AS Lithuanian Branch.
II. SEPA payments to banks and other payment service providers registered in Lithuania that are participants of the CENTROlink payment system of the Bank of Lithuania**
|
Time of submission of the payment order |
Estimated time of execution of the order |
|---|---|
|
7.30 a.m. - 4.00 p.m. |
8.00 a.m. - 4.00 p.m. in real time |
|
After 4.00 p.m. |
D+1 – 08.15 a.m. |
** Citadele Bankas AB, UAB Urbo bankas, Lithuanian Central Securities Depository, Lithuanian Central Credit Union, etc. More.
Taxes, charges and other payments due to the State Tax Inspectorate (STI) can be paid to the budget revenue collection account with Šiaulių Bankas. The following items should be specified in the payment order:
- name of the beneficiary - State Tax Inspectorate under the Ministry of Finance of the Republic of Lithuania;
- accumulative account number - LT327180000000141038;
- beneficiary's code - 188659752;
- payer's identification number:
- Legal entity in Lithuania - Legal Entity Register Code;
- Resident of Lithuania - personal code;
- Non-resident of Lithuania and foreign legal entity or organization - payer's identification number provided by the Registry administrator
- payer's name or name and surname;
- payment code;
- amount;
- In case you are paying a penalty for a recorded legal violation in accordance with the the Code of Administrative Offences of the Republic of Lithuania, an offence identification code (ROIK) has to be provided for in the unique payment code field;
- if taxes, payments, charged are paid using internet bank and it they are settled for the other natural and legal entity, it is necessary to fill the explicit SEPA payment order form specifying an identification number, name or name and surname of the initial payer's, on whose behalf the payment order shall be performed.
- Legal entity in Lithuania - Legal Entity Register Code;
- Resident of Lithuania - personal code;
- Non-resident of Lithuania and foreign legal entity or organization - payer's identification number provided by the Registry administrator
Note. If a payment order is not filled in full or is filled incorrectly, the payment shall not be ACCEPTED.
The payments to the State social insurance, default interest, penalties, and penalties imposed for infringements of the administrative law shall be accepted to SSI fund account No. LT027180300000690001 with Šiaulių Bankas.
The following information MUST be specified in the Payment order:
- Payer's name, surname or legal entity;s name;
- Payer's personal code or legal entity's code or policyholder's code;
- payment code;
- amount of payment in numbers;
- Beneficiary's name: State Social Insurance Fund Board under the Ministry of Social Security and Labour;
- Beneficiary's code: 191630223;
- Beneficiary's account number: LT027180300000690001.
Using internet bank and it they are settled for the other natural and legal entity, it is NECESSARY to fill the explicit SEPA payment order form specifying an identification number, name or name and surname of the initial payer's, on whose behalf the payment order shall be performed.
Note. If a payment order is not filled in full, is filled incorrectly, the payment order code is not specified or it is not included into the list of Sodra payment codes, such payment order shall not be ACCEPTED.