Banks and credit unions must ensure that all basic payment services are offered to consumers for no more than EUR 1.52 per month, for low-income residents – no more than EUR 0.76. Such a fee was set in line with the methodology approved by the Bank of Lithuania and is valid from 1 January 2020. The set price cap is reviewed each year. Consumers will be able to freely choose whether to take advantage of the basket of services linked to the basic payment account.
| Basic services included in the Bank of Lithuania-approved composition of the basic payment account basket, which would be provided on a monthly basis at no additional costs, are: |
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Last update: 08-01-2020