Who can open a bank account?

Each citizen of the Republic of Lithuania or a citizen of a foreign country can open a bank account or consult on its management in any branch of Šiaulių bankas.

Only you or your authorised person can open a bank account – in the latter case the person authorised by you has to produce a power of attorney certified by a notary public when arriving at the bank. Upon completing the required documents, you will be opened a bank account and you will be able to use it immediately afterwards.

A joint bank account can be opened by several entities (co-owners of the bank account). In this case the account agreement defines how the co-owners will dispose of the funds on the account – together or each of them separately.