VIALET

Opening an Account with the VIALET Payment System (Lithuania)

Cost for the private persons from 400€

Cost for the legal entities from 600€

Opening Term: 2 weeks

Remotely: yes

The VIALET European payment system operates under the brand of the Lithuanian company UAB "Vialet", which holds an electronic money institution license issued by the Bank of Lithuania.

European Business Account with VIALET

Today, the VIALET payment system offers its clients:

  • Safeguarding of client funds in a separate account at the Central Bank of Lithuania;

  • Fast account opening in Lithuania for a European company;

  • Free SEPA Instant payments;

  • MasterCard and Visa virtual cards;

  • Acquiring services for online stores, marketplaces, and other types of e-commerce.

Benefits of Opening an Account with VIALET

When you open an account with the VIALET payment system, you receive the following benefits:

  • A fully remote account opening process in Lithuania;

  • A convenient and clear online banking interface;

  • Simple authentication: confirmation of actions via SMS;

  • A personal IBAN account number and payments in EUR (SEPA);

  • Dollar payments via SWIFT (most CIS countries).

Depending on the company's type of activity, the Vialet payment system may apply individual service fees or transfer limits. The standard account opening time with the VIALET payment system is 2 weeks. Today, opening an account with the Vialet payment system is a good alternative to opening an account with a foreign bank.

The VIALET payment system follows the "know your customer" principle and, in each individual case, reserves the right to request additional documents. This may extend the account opening time or result in a refusal to open an account without explanation.

VIALET advantages

1

Multi-currency accounts

2

Services for e-commerce

3

Mastercard virtual cards

4

Free SEPA transfers

5

Individual LT IBAN

General Information

Types of accounts

Corporate and personal accounts.

Personal visit

No in-person visit is required to open an account with VIALET.

Service rates

VIALET payment system fees depend on the client's activity and risk category (Low-Risk, Medium-Risk, High-Risk).

  • Account opening: free of charge for corporate clients;
  • Application review (one-time): EUR 500 / EUR 750 / EUR 1,500;
  • Monthly maintenance: EUR 100 / EUR 150 / EUR 200.

Useful information

VIALET payment system website: www.vialet.eu

Stages of account opening

01

Preparation of documents

To open an account with Vialet, you first need to complete a questionnaire and provide us with full information about your business and counterparties. Along with the questionnaire, you must provide the company's corporate documents and the personal identification documents of the director and beneficiary, or of the individual (for a personal account).

02

Analysis of documents

Maira Consult lawyers analyze the information and documents provided and complete the Vialet payment system questionnaires.

03

Submission of documents

We send the ready package of documents for account opening to a Vialet manager for review.

04

Passing verification

The company's director and beneficiary, or the individual (for a personal account), undergo online verification. An online call with a manager is held on an individual basis.

05

Compliance Check

At this stage, Vialet verifies the client and may request additional information about the business activity and the source of funds.

06

Account opening

Once the Vialet account is opened, the manager sends the account details to the client for activation.

Answers to the Most Common Questions:

Under the standard corporate account opening procedure, you will need the company's registration and constitutive documents, detailed information on the ownership structure, and identification documents of the directors and ultimate beneficial owners. You will also need contracts with counterparties, a description of the business model, expected turnover, and documents confirming the source of funds.
Yes, VIALET offers fully remote corporate account opening. Document submission and identification are done online. Following the KYC check, the compliance department may request additional documents or an individual online meeting with the beneficiary.
Yes, VIALET may request additional documents or refuse to open an account following the review. Grounds may include an unacceptable type of business or scheme of operations, sanctions restrictions, unconfirmed source of funds, or insufficient information about the business and counterparties.
Yes, the VIALET payment system offers virtual corporate Visa and Mastercard cards. Such cards allow you to separate payments by advertising campaigns, subscriptions, or departments and to set limits.
The standard review period for a corporate client's documents is several business days after the manager receives the client's complete document package. The total duration of the compliance check and account opening is from 2 weeks and depends on the documents provided about the company's activity, the complexity of the company's structure, and any additional requests.

Other payment systems in this region

TitleCost from (EUR)
SATCHEL600
INTERNATIONAL PAYMENT UNION500
BANKERA600
GENOME500
PAYLAR400
WALLETTO500
PAYSERA600
MISTERTANGO 600

Our Contacts

Phone

+380 97 527-66-30

Client Relations Department

+380 73 427-66-30

Email

[email protected]

Address

Kyiv, 01054, Ukraine,

40B Ivan Franko St., office 207

Legal information

MAIRA LLC

EDRPOU code: 38202700

Jurisdiction: Ukraine

Working hours

Monday to Friday: 09:00 to 18:00

Saturday and Sunday: closed

We respond to inquiries within 15 to 30 minutes during working hours

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International Law Company Maira Consult