Payment service basket

Lietuviškai

Banks and credit unions must ensure that all basic payment services are offered to consumers for no more than EUR 1 per month, for low-income residents – no more than EUR 0.50. Such a fee was set in line with the Law on Payments and is valid from 1 January 2025. The set price cap will be reviewed each 3 years. 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:
Opening of an account E-banking, a secure mean of logging into and managing the account (code generator, special apps, etc.) No less than 15 online transfers of any kind in euro per month, including instant payments, utility and bill payments, e-invoice payments, transfers within an institution and to other payment service providers, direct debit transactions Crediting of payments received in euro into an account Payment card and payment transactions using a card Cash withdrawals at ATMs – no less than EUR 800 per month Depositing of cash at ATMs

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:

Opening of an account
E-banking, a secure mean of logging into and managing the account (code generator, special apps, etc.)
No less than 15 online transfers of any kind in euro per month, including instant payments, utility and bill payments, e-invoice payments, transfers within an institution and to other payment service providers, direct debit transactions
Crediting of payments received in euro into an account
Payment card and payment transactions using a card
Cash withdrawals at ATMs – no less than EUR 800 per month
Depositing of cash at ATMs

Last update: 30-12-2024