Opening an account in the International Payment Union payment system (Lithuania)
Cost for the private persons from 500€
Cost for the legal entities from 500€
Opening Term: 2 weeks
Remotely: yes
Cost for the private persons from 500€
Cost for the legal entities from 500€
Opening Term: 2 weeks
Remotely: yes
International Payment Union (IPU) is a licensed electronic money institution (EMI) registered in Lithuania and controlled by the Bank of Lithuania. IPU's main specialization is providing international payment solutions for businesses and opening corporate accounts with a unique IBAN.
The IPU payment system is a modern alternative to classic banks, providing quick access to European and international financial instruments. Businesses are able to make payments via SEPA Instant and SWIFT, conduct foreign exchange transactions at favorable rates, and work with partners around the world.
IPU works with international companies, but has a list of restrictions. Accounts for clients from Belarus, Russia, Cuba, Iran, North Korea, Syria, Pakistan, and a number of other jurisdictions are prohibited. Businesses in the following areas are also prohibited: cryptocurrencies, weapons, drugs, offshore banking, MSB, alcohol and online tobacco.
Opening an account in the IPU payment system (Lithuania) on your own is not always easy - the system has strict requirements for documents and the company's business model. That is why our lawyers take care of all the stages:
With us, you get not just an account in the payment system, but a reliable tool for international payments without delays and bureaucracy.
Contact Maira Consult today to open a corporate account in the IPU payment system and start working in the European market as quickly and conveniently as possible.
1
Opening an account in just a few business days
2
Access to multi-currency IBAN accounts with SEPA Instant and SWIFT support
3
Favorable currency exchange rates compared to traditional banks
4
Free account maintenance for the first 3 months
5
Possibility of fast international transfers, including with Asian countries
Personal and business accounts with individual IBANs.
Not required, the whole process is online.
Free for the first 3 months. Incoming and outgoing payments: rates depend on the direction (SEPA or SWIFT), but are more profitable than classic banks.
IPU payment system website: www.interpaylink.com
Collection of corporate documents of the company (charter, registration data, proof of address) and KYC documents of the beneficiaries (passport, proof of residence).
Maira Consult lawyers conduct a preliminary check to ensure compliance with IPU requirements and avoid rejection.
The full package is transferred to the IPU system through a secure online account.
Verification of the company and beneficiaries, verification of the source of funds and business model.
Additional verification by the payment system for compliance with international AML/KYC standards and IPU policy.
After approval, the client receives account details (in IBAN format) with access to SEPA Instant and SWIFT payments.
Phone
+380 97 527-66-30Client Relations Department
+380 73 427-66-30Address
Kyiv, 01054, Ukraine,
40B Ivan Franko St., office 207
