Transfers in euro

Euro transfers can be executed to any account in Lithuania and abroad. For more information on your rights , please read a memo published by the European Commission.

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 Šiaulių Bankas will be carried out on the same day (using the SB Linija it is carried out as specified in the operations SB Linija execution time)
Transfer to other banks registered in Lithuania will be carried out on the same business day, upon giving payment order before 16:30 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 05:30 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. The SEPA payment executions time to the banks registered in Lithuania that are not the members of the SEPA MMS*

The payment order submission time	The approximate time of the order execution
07:30 am before 09:30 am	11:15 am
09:30 am before 12:00 at noon	01:45 pm
12:00 at noon before 02:30 pm	04:15 pm
02:30 pm before 04:30 pm	05:45 pm
04:30 pm before 06:30 pm	D+1 - 09:00 am
After 06:30 pm	D+1 - 11:15 am

* Swedbank bankas AB, SEB bankas AB, DNB bankas AB, Lithuanian branch of Danske Bank A/S, Lithuanian unit of Nordea Bank AB, Lithuanian branch of Pohjola Bank Plc.

II. The SEPA payment executions time to the banks registered in Lithuania that are the members of the SEPA MMS*

The payment order submission time	The approximate time of the order execution
07:30 am before 04:30 pm	08:00 am – 04:30 pm on real time
After 04:30 pm	D+1 - 08:15 am

** Citadele bankas AB, Medicinos bankas, Lithuanian Central Securities Depositor, Perlo paslaugos UAB, Lithuanian Central Credit Union, „Sostinės kreditas“, „Vilniaus kreditas“, „Amber“, Vilniaus region and Šiaulių credit unions.

III. The execution time of the SEPA payments to other banks belonging to the SEPA, except Lithuania

The payment order submission time	The approximate time of the order execution
07:30 am before 05:00 pm	D+1 - 09:00 am
After 05:00 pm	D+2 - 09:00 am

Taxes, charges and other payments due to the State Tax Inspectorate (STI) can be paid to the budget revenue collection account with Šiaulių Bankas. The following items should be specified in the payment order:

name of the beneficiary - State Tax Inspectorate under the Ministry of Finance of the Republic of Lithuania;
accumulative account number - LT327180000000141038;
beneficiary's code - 188659752;
payer's identification number:

Legal entity in Lithuania - Legal Entity Register Code;
Resident of Lithuania - personal code;
Non-resident of Lithuania and foreign legal entity or organization - payer's identification number provided by the Registry administrator

payer's name or name and surname;
payment code;
amount;
In case you are paying a penalty for a recorded legal violation in accordance with the the Code of Administrative Offences of the Republic of Lithuania, an offence identification code (ROIK) has to be provided for in the unique payment code field;
if taxes, payments, charged are paid using the on-line banking service SB Linija and it they are settled for the other natural and legal entity, it is necessary to fill the explicit SEPA payment order form specifying an identification number, name or name and surname of the initial payer's, on whose behalf the payment order shall be performed.
Legal entity in Lithuania - Legal Entity Register Code;
Resident of Lithuania - personal code;
Non-resident of Lithuania and foreign legal entity or organization - payer's identification number provided by the Registry administrator

Note. If a payment order is not filled in full or is filled incorrectly, the payment shall not be ACCEPTED.

The payments to the State social insurance, default interest, penalties, and penalties imposed for infringements of the administrative law shall be accepted to SSI fund account No. LT027180300000690001 with Šiaulių Bankas.

The following information MUST be specified in the Payment order:

Payer's name, surname or legal entity;s name;
Payer's personal code or legal entity's code or policyholder's code.
payment code (http://www.sodra.lt/lt/draudeju_portalas/imoku_mokejimas/imoku_kodai)
amount of payment in numbers
Beneficiary's name: State Social Insurance Fund Board under the Ministry of Social Security and Labour;
Beneficiary's code: 191630223;
Beneficiary's account number: LT027180300000690001.

Using the on-line banking system SB Linija and it they are settled for the other natural and legal entity, it is NECESSARY to fill the explicit SEPA payment order form specifying an identification number, name or name and surname of the initial payer's, on whose behalf the payment order shall be performed.

Note. If a payment order is not filled in full, is filled incorrectly, the payment order code is not specified or it is not included into the list of Sodra payment codes, such payment order shall not be ACCEPTED.

Customer's rights when making payments in Europe

Customer's rights when making payments

SB LINIJA OPERATION EXECUTION TIME

PAYMENT ORDER FORM

PAYMENT ORDER IN FOREIGN CURRENCY FORM

Fees