Transfer processing time
The time frame during which foreign currency transfers will be processed.
- To account at Artea Bank
- To other banks registered in Lithuania
- To banks registered in foreign countries
Transfers to your own or another client's account at Artea Bank will be processed on the same day (when using internet banking, as specified under the Internet Banking Operations Time).
If the payment order is submitted after the specified time, the transfer will be processed on the next business day.
Important
When making transfers to the United Arab Emirates, please specify the exact purpose of the payment and the payment purpose code, consisting of 3 uppercase letters. Complete the payment purpose in English and include: the names of purchased goods/services, contract and invoice dates and numbers, and, if possible, the location of service provision or the destination of goods.
You can find a list of payment here.
For transfers to India, please specify the exact purpose of the payment and the payment purpose code, consisting of 5 characters. Complete the payment purpose in English and include: the names of purchased goods/services, contract and invoice dates and numbers, and, if possible, the location of service provision or the destination of goods.
You can find a list of payment codes here.
If the exact purpose of the payment is not specified, payment orders may be rejected and not executed.
Payments to EU and EEA countries (Norway, Iceland, and Liechtenstein) in foreign currencies are only executed if both the payer and the recipient cover their bank fees (SHA).
For more information about IBAN, please visit the website www.ecbs.org/iban.htm
Attention: When making a payment, make sure to check that the account number is correctly specified. The payment transaction will be processed based on the recipient account number you provide.
If the account number is incorrectly specified, the funds may be credited to another client’s account, even if the recipient's name is correct.
To transfer currency to other banks registered in Lithuania or to banks registered in foreign countries, you must complete the foreign currency payment order form.
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