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Opening an account in VIALET payment system (Lithuania)

Opening an account in VIALET payment system (Lithuania)
  • Price:500 EUR
  • Term:about 3 weeks
About the payment system

The VIALET payment system appeared in the Baltics in 2017. Having received a license to provide financial services in the field of electronic money, the Lithuanian company has become one of the leading European payment systems.

Vialet is a subsidiary of VIA SMS Group, which has been involved in digital finance since 2009. The main office of the payment system is located in Vilnius.

The main mission of VIALET is to provide customers with as many banking services as possible online, without going to banks and unnecessary hassle with documents. The payment system is focused on serving small and medium-sized businesses, providing instant settlements and transfers.

Name
Vialet
Opening date
about 3 weeks
Price
500 EUR
Features of the payment system
  • virtual Mastercard cards;
  • there are individual limits on transactions;
  • acquiring services are provided;
  • multicurrency payments in USD/GBP/PLN/SEK/DKK/CZK/CHK;
  • free SEPA transfers throughout Europe (for low-risk companies);
  • individual tariffs for high-risk activities and large transactions;
  • works with SEPA, SWIFT, SEPA Instant transfers;
  • limits apply for personal accounts: annual turnover up to 40 000 EUR.
For whom we open accounts

Vialet opens accounts for private and corporate clients from all over the world. Priority is given to companies registered in the EEA, Hong Kong, Singapore, UAE, Canada.

Account types

Settlement and processing accounts.

Term:
Account opening:
personal and corporate
no commission
Account service:
active
no commission
inactive
3 EUR/month
Account closing:
personal and corporate
no commission
Commission:
for private clients
1%
Transactions:
internal payments
no commission
SEPA payments
no commission
incoming SWIFT
6 EUR
outgoing SWIFT
20 EUR
...
up to 10 000 EUR
outgoing SWIFT
0,5%
...
from 10 000 EUR
Visit

Opening an account with UAB Via Payments does not require a personal visit to Lithuania. The account is opened remotely, by online identification of the client. Our lawyers will arrange a video call with a representative of the payment system.

Account opening procedure
1
Getting to know the client and his business
2
Collection and preparation of documents
3
Signing bank forms
4
Sending documents
5
Preliminary compliance of documents
6
Positive response from the payment system
7
Client identification
8
Gaining access to the account

Please note that according to international account opening standards, each payment system is required to adhere to the KYC procedure, therefore it will require documents and data confirming identity, business and wealth for identification. Also, a financial institution may, based on its internal rules, refuse to cooperate without giving reasons. In order to avoid such negative consequences, contact specialized lawyers for a preliminary consultation on opening foreign accounts, and we will tell you all the nuances of how to open a Vialet payment system account.

Popular questions
What types of accounts does Vialet open?
Vialet opens settlement and processing accounts. For assistance in opening an account, preparing documents and completing the compliance procedure, leave a request on our website and we will contact you immediately.
What is the term for opening an account in Vialet?
The opening period varies depending on the complexity of the client, the country of residence and the type of account, on average, all procedures take up to 3 weeks.
Is it possible to open an account in Vialet online?
To open an account remotely, you will need a video conference with a Vialet representative.
What types of services are available at Vialet?
Vialet offers both personal and corporate accounts with access to multi-currency transactions, international transfers and financial management via a mobile app.
Can Vialet be used for business in the EU?
Yes, Vialet provides convenient solutions for business in the EU, including support for multi-currency accounts and international transfers.
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