International Payments
International Payments at EMBank
We offer access to a range of payment networks such as SWIFT, TARGET2, and SEPA.
All our banking and payment services can be accessed via our web portal or via our banking platform.
EMBank Payment Solutions
We know technology gives companies unprecedented opportunities, and we strive to develop payment systems that can easily facilitate your international payments.
Make and receive payments with our segregated accounts solution. Your safeguarding account will protect your clients’ funds, while your payment account will allow you to easily perform outgoing payments.
SWIFT
Society for Worldwide Interbank Financial Telecommunications (SWIFT) is a cooperative dedicated to providing safe and secure international financial transactions for its members. EMBank is a SWIFT member.
SEPA
Single Euro Payments Area (SEPA) is a payment-integration initiative of the European Union to simplify bank transfers denominated in euro. EMBank is a SEPA member, with transactions done via the Bank of Lithuania.
TARGET2
TARGET stands for Trans-European Automated Real-time Gross settlement Express Transfer system. It is the real-time gross settlement (RTGS) system owned and operated by Eurosystem. EMBank is a Target2 member.
VISA
EMBank offers international business payments via Visa B2B Connect, a distributed ledger–based, bank-to-bank network. It allows secure cross-border transfers by directly connecting banks, improving transaction speed.
Who is an Eligible Candidate for International Payments?
There are many different types of businesses that are eligible for international payments. Some of the most common include:
- E-commerce businesses: These businesses typically sell products or services online and need to be able to accept payments from customers in other countries.
- Import/export businesses: These businesses typically ship products or services to other countries and need to be able to accept payments in foreign currencies.
- Service businesses: These businesses typically provide services to clients in other countries and need to be able to accept payments in foreign currencies.
- Manufacturing businesses: These businesses typically produce products that are sold in other countries and need to be able to accept payments in foreign currencies.
Please visit Fees and Commissions page to see the applicable fees.
Apply now!
Please provide the required information and we will contact you within 1 working day.
Frequently Asked Questions
Can I make international payments in online banking?
Yes, you can make international payments in online banking at EMBank. We offer access to a range of payment networks such as SWIFT, TARGET2, VISA B2B and SEPA.
What do I need to make international payment?
You will need to have the recipient’s name, account number (IBAN), BIC/SWIFT code and bank name. You will also need to know the currency you want to use. Once you have this information, you can log into your online banking account and initiate the transfer.
What are the fees for account and payments services?
Account maintenance and payment fees can be found here: https://em.bank/fees-and-commisions/