Opening a bank account

Opening a bank account is quite easy in general – just go to your preferred bank and sign a bank account contract. This can be done by any individual, a Lithuanian citizen, and someone from another country by providing one of the following documents:

  • For EU citizens – Identity card of an EU citizen
  • For third country nationals – Permission to stay for a short or long-term period in Lithuania and identification document (passport for non-EU)

This process might change according to a specific bank’s rules.

When opening a bank account for anyone under the age of 18, that individual’s birth certificate is also required.

Notary approval is needed when opening an account for someone else.

Here is the official list of Lithuanian banks:

SEB bank

Swedbank 

Šiaulių bankas

Citadele

Luminor

Medicinos bankas

 

Source: The official webpage of the Bank of Lithuania