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 Artea Bank 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.
- The approximate time of SEPA payment execution
- STI collection account
- "Sodra" collection account
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 Bank 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 Bank AB, UAB Urbo Bank, Lithuanian Central Securities Depository, Lithuanian Central Credit Union, etc. More.