Business Account in Lithuania: Paysera vs Banks 2026

The first figure a bank offers rarely reflects the true cost. Business account expenses are made up of several components:

• Monthly service fee – fixed, even if the account is not used;

• Transfer fee – charged separately for each SEPA or international transfer;

• Currency exchange margin – when you pay or receive in another currency; at banks it typically amounts to 2–3%, while Paysera's margin is already built into the exchange rate, which may be subject to a discount depending on the conversion amount;

• SEPA Instant (Instant Transfer) fee – urgent transfers at some institutions cost significantly more than standard ones.

For a small or start-up business with a monthly turnover of €2,000–€5,000, even a €10 monthly difference amounts to 0.2–0.5% of total revenue before taxes and other expenses are covered. By year-end, this directly reduces net profit.

Data collected from official provider price lists (as of: Paysera — 2026-06-08, SEB — from 2026-03-03, Luminor — from 2026-02-01). As rates change, always verify exact details on official websites.

Scenario A: Small Partnership (Design Studio)

Profile: Project manager Eglė runs a design small partnership. She makes 25 SEPA transfers per month to suppliers and freelancers, and 1 international transfer (€1,000) to a foreign partner.

Note: SEB's "Minimum" plan includes 5 free transfers per month, Luminor's "S" bundle includes 10.

Eglė's result: By choosing Paysera, the small partnership saves approximately €145 per year compared to SEB, and approximately €180 compared to Luminor. More than enough to keep the office coffee machine stocked with quality beans.

Scenario B: E-Commerce (High Volume and International Expansion)

Profile: Andrius runs a growing online shop. The company makes 60 SEPA transfers per month to local suppliers and couriers, and 8 international transfers up to €10,000 to partners outside the EU.

Andrius's result: Annual savings of approximately €682 in Paysera's favour. And that's only the "dry" transfer fees. Not included in this figure is the significantly cheaper Paysera Checkout payment collection for the online shop, as well as the more favourable currency exchange rate when purchasing goods in dollars.

Scenario C: Manufacturing Company (Financing Required)

Profile: Karolis's timber processing company urgently needs a €50,000 working capital credit to purchase raw materials, a lease for production premises, and a bank guarantee to participate in a public tender.

Important rule: Paysera is an electronic money institution and therefore does not provide traditional business credits, overdraft facilities, or leasing services. In this situation, SEB or Luminor is the necessary and only choice.

Smart business strategy (Hybrid model): Some entrepreneurs keep their credit line and long-term commitments at a traditional bank (thus securing VIP status and financing), but route all day-to-day operational activity, e-commerce payments, and cheap international transfers through Paysera. This way, you get the best of both worlds.

To make a final decision, seeing only the "dry" numbers in the table is not enough. Each platform has its own strengths and specific nuances that only become apparent once day-to-day operations begin.

Paysera – Financial Efficiency and Technological Freedom

This choice is best suited to actively operating companies, e-commerce projects, and those who make regular international payments.

Free SEPA transfers. 30 free transactions every month means that small businesses operate efficiently paying only the €5 monthly service fee.

Cheap international transactions. The fixed €7 rate (for amounts up to €9,999) allows you to pay almost half as much compared to the €13 and higher rates applied at banks.

E-commerce engine. The payment collection service (Paysera Checkout) and open API interface are integrated from the start — no third-party providers or additional contracts required. This service is completely free (commissions apply only on payments received), and as the company's monthly turnover or number of transactions grows, rates may be reduced in the client's favour.

What's worth considering. Due to strict security and Know Your Customer (KYC) procedures, opening a business account takes a few business days. If you need an account today — this step must be planned in advance.

SEB – Fast Start and Traditional Financial Backing

An excellent choice for companies that need a bank account urgently, and for businesses whose growth requires classic financing tools.

Fast opening. SEB will open a business account online in just 15–20 minutes — unbeatable speed for those in a hurry.

Lower fixed costs for low-activity accounts. The monthly fee without a plan is €4.30 (compared to Paysera's €5). If you make only a few transfers per month and don't work internationally, SEB costs will be minimal.

Full banking package. If your business model requires credits, overdraft facilities, leases for production premises, or bank guarantees — a traditional bank has no competition here.

Luminor – Predictable Bundles with One Major Exception

A suitable solution for companies with a very stable, predictable monthly turnover and a clearly foreseeable number of transactions.

Convenient bundle system. You can choose a fixed-size plan (from €8 to €20 with transfers included), which makes it easy to plan the company budget.

Strong leasing and financing positions. Like SEB, Luminor has strong business lending, especially if your business needs serious capital.

What's worth considering. If your business operates without a fixed plan, the base rate of €0.40 per SEPA transfer is the highest among the three platforms compared.

How much does a Paysera business account cost per month?

€5 per month — this is the fixed service fee. The first 30 SEPA transfers every month are free; from the 31st onwards — €0.30 per transfer. Depending on the average balance held in the account, additional free transfers may be granted.

How much does an international transfer (to non-EU/EEA countries) cost through Paysera?

€7 (up to €9,999.99) or €10 (from €10,000) — a fixed fee, regardless of the amount. SEB and Luminor charge from €13 for a standard transfer. Correspondent banks may additionally deduct their own fee — this applies to all platforms.

Paysera is an electronic money institution. Your funds are subject to strict segregation requirements — they are held in a separate account from the company's own funds. However, the deposit insurance applicable to banks (up to €100,000) does not apply to these funds. If you hold significant sums of money, this is worth considering in your risk management strategy.