Managing freelance income across the UK and Lithuania is easier when you have a business account that supports your international money transfer and transactional activities.

To help you decide which business account could be right for you, we've compared business account options relevant to UK freelancers who are about to move to Lithuania to freelance from there, or who have already moved there and are seeking a business account suited to their work as a global freelancer.

Our guide explains fees, features, eligibility points and cross-border use cases of various accounts, including Wise Business.

Note: Wise Business offers a free Essential plan for basic spending and transferring. If you need to receive money, set up direct debits, or generate invoices, you'll pay a one-time £50 setup fee to unlock the Advanced features.

Provider features, fees, eligibility checks, protections and timelines mentioned in this article may vary by customer, business type, application outcome, plan and country. Check the provider's website and terms and conditions for the most accurate and up-to-date information.

Wise services and features are not available in all regions, country and product restrictions apply. Visit wise.com to check availability, and for fee details and terms for your region, visit our pricing page for Wise Business.

Summary of options

Comparison basis: The Wise prices below are for UK residents opening a UK Wise Business account. The other providers' prices are for their named local plans and may have different eligibility, included services and currencies. These aren't like-for-like total-cost quotes; compare the same payment and account use case, including FX, transfer and card fees, before choosing.

1. Wise Business

Wise Business can help eligible freelancers invoice in EUR and other supported currencies, receive international payments and decide when to convert balances. It is worth comparing with local Lithuanian account options if you also need branch services or domestic banking features.

Wise Business features in Lithuania:

Send money to supported countries and pay overseas invoices at the mid-market exchange rate with transparent fees (product availability and fees vary by route and region)
Receive payments in supported currencies, subject to the receiving method and account eligibility
Get local account details for eligible currencies, including USD and EUR, to let your customers pay in a currency they know and trust - convenience for them and peace of mind for you
Hold money in supported currencies
Convert supported currencies at the mid-market exchange rate with transparent fees
Use the batch payments tool to prepare multiple payments in one workflow, subject to current limits and account eligibility
Get business debit cards for eligible team members to keep track of spending in supported locations, with transaction visibility and categorisation
Manage cash across supported currencies and business accounts, subject to feature availability
Connect and sync supported business transactions to your accounting software, including Xero, QuickBooks, and more
Create your own payment approvals process to manage your team better with customised access for different team members, roles and permissions
Create custom professional invoices and schedule invoice payments for future dates (scheduled transfers must be set at least two days ahead; the exchange rate and fee are determined when the transfer runs, and team approval may be required)
Automate payouts with the Wise API (with a sandbox for testing, API tokens and implementation documentation; access requires an eligible, verified Wise Business account)

Country and product restrictions apply. Wise services and features are not available in all regions. Visit wise.com to check availability.

Fees:

Wise Business pricing lists the current UK fees. Registration has no charge; a one-time £50 fee applies to account details for receiving payments. Fees for transactions and optional features depend on the currency and route.

Here's a more detailed breakdown of Wise Business pricing in the UK:

Account details for receiving payments: £50 one-time fee
Sending money: from 0.24%, depending on currency and route
Holding money: £0 Wise fee
Receiving domestic payments (non-SWIFT / non-wire): £0 Wise fee
EUR SWIFT payments: €2.39
ATM withdrawals: £0 Wise fee up to £250/month per account, then 2.69% on the amount above £250; ATM providers may charge separately

Note: The fees mentioned above are for UK residents opening a Wise Business account in the UK. If you are opening a Wise Business account for the first time in Lithuania, then refer to the Wise Business pricing for Lithuania.

The withdrawal allowance with no Wise fee varies by country and is calculated per account. Check wise.com/pricing for additional information.

2. Paysera

Paysera may suit a Lithuanian-registered company that wants a digital payment account and a clear account-administration price. The published tariff distinguishes ordinary SEPA-registered companies from international companies and financial-service providers.

Features:

According to Paysera's business account-management page:

Online account opening is available for eligible companies after identification.
A company may hold multiple Paysera business accounts under one administration-fee arrangement.
The tariff identifies SEPA-registered businesses as a separate customer group and gives the conditions for branch identification in Lithuania.
The supplied source is a fee page, not a complete feature catalogue; check the current card, currency and transfer pages before treating those as included.

Fees:

According to Paysera's business account-management page:

Online opening and closing: no fee for eligible companies registered in a SEPA country, Albania or Kosovo; account administration and transaction charges may apply.
Account administration for an ordinary Lithuanian-registered company: €5 a month, including 30 transfers per month within the provider's allowance.
Opening or closing at a Paysera branch in Lithuania: €3.
Companies with the provider's “international company” or financial-service-provider classification can face a €100 opening fee and €20 monthly administration instead. Check which category applies before applying.

3. Satchel

Satchel's Lithuania account page describes a digital European-IBAN option for eligible businesses and freelancers. Its publicly displayed account page does not give a complete current business tariff.

Features:

According to Satchel's Lithuania account page:

Online application and a European IBAN.
SEPA and SWIFT transactions in 20+ currencies, as described on its business-account page.
Payment cards for business expenses.
Online transaction history and balance tracking.
Remote processing is described as taking one to three business days after application; approval is not guaranteed.

Fees:

According to Satchel's Lithuania account page:

The supplied account page describes personalised pricing but does not show a complete current business tariff.
Request today's account-opening, monthly, transfer, FX and card fees before applying.

4. SEB bankas

SEB publishes both standard business charges and bundled service plans. The service-plan table says those plans are unavailable to non-resident customers, so its €4.50 MINIMUM plan should not be presented as a non-resident option.

Features:

According to SEB's main business-fees page:

MINIMUM includes one account and five European online payments per month; it does not include a business debit card.
DAILY includes one account, 15 European online payments and one Mastercard Business debit card.
DAILY+ includes two accounts, 50 European online payments and two cards.
PREMIUM and PREMIUM+ extend the account, payment and card allowances further.
SEB Baltic Gateway basic services are included from DAILY upwards, under the provider's plan terms.

Fees:

According to SEB's main business-fees page:

Monthly plan prices: MINIMUM €4.50; DAILY €8; DAILY+ €17; PREMIUM €30; PREMIUM+ €80.
Standard minimum bank services: €4.30 a month; the non-resident minimum bank-service fee is €50 a month where applicable.
Online European payments outside an included plan allowance are listed at a standard €0.33 each; the standard Mastercard Business debit-card usage fee is €2.50 per card monthly.
The supplied tariff lists a €700 data-verification fee in defined ownership/beneficiary cases. Check whether it applies before applying.
Service plans are expressly unavailable to non-resident customers, banks and credit unions.

5. Swedbank

Swedbank's business plans bundle digital EUR transfers and cards for eligible business customers. Its €0 “Business” plan is presented for newly established companies, not as a permanent no-fee plan for every applicant.

Features:

According to Swedbank's business service-plans page:

The Business 10 through Business 400 plans include a contactless Business Debit Mastercard and an increasing allowance of online EUR transfers.
Included online EUR transfers rise from 10 in Business 10 to 400 in Business 400.
The plans remove the minimum daily-service fee within their stated terms.
Swedbank's account-opening page describes remote corporate account opening, subject to identity verification.

Fees:

According to Swedbank's business service-plans page:

Monthly prices are €8 for Business 10, €11 for Business 20, €20 for Business 50, €33 for Business 100, €55 for Business 200 and €99 for Business 400.
The newly established-company Business plan is listed at €0 a month for companies up to 12 months old; its terms apply for 366 calendar days from ordering, then standard charges apply.
Business Plus is an optional additional service at €4 a month; group-transfer presentation is listed at €1.50.
Check the provider's full current corporate tariff for excess transfers and other services. Personal-account plan prices are not business-account prices.

Manage your freelance earnings in Lithuania like a pro with Wise Business

Wise Business offers a free Essential plan for basic spending and transferring. If you need to receive money, set up direct debits, or generate invoices, you'll pay a one-time £50 setup fee to unlock the Advanced features.

With Wise Business, you can:

🌍 Send money to 70+ countries and pay overseas invoices at the mid-market exchange rate with low, transparent fees and no hidden exchange rate markups (product availability varies by region)
📥 Receive payments in 24 currencies and counting
💵 Get local account details for 8+ currencies, including USD and EUR, to let your customers pay in a currency they know and trust - convenience for them and peace of mind for you
💰 Hold money in 40+ currencies
🔁 Convert currencies anytime at the mid-market exchange rate with low, transparent fees
⚡ Use the batch payments tool to create and send up to 1,000 payments in a single transfer
👥 Run payroll and make international payments for up to 1,000 employees all over the world - including paying suppliers using local payment methods like ACH, SEPA, and Faster Payments
💳 Get business debit cards with 0.5% cashback for you and your team to keep track of team expenses and spend all over the world, with real-time visibility and categorisation. See full cashback terms and conditions
🏢 Manage cash in 55+ currencies across international offices from a single business account and move money between business accounts in seconds (exact speeds can vary depending on individual circumstances and may not be the same for all transactions)
🧾 Connect and sync every business transaction to your favourite accounting software, including Xero, Quickbooks, and more
🔐 Create your own payment approvals process to manage your team better with customised access for different team members, roles and permissions
📑 Create custom professional invoices and schedule invoice payments for future dates
📈 Earn variable returns on GBP, USD and EUR with Wise Interest (Growth not guaranteed. Your balance will go down in the event of a government default or interest rates going negative.)
🔗 Create payment links and QR codes to get paid easily (Card payment acceptance for new Wise Business customers is currently unavailable. Payment methods subject to eligibility and availability.)
⚙️ Automate payouts with the Wise API (comes with 24/7 customer support, a sandbox account to test integrations, API tokens, and clear documents on how to implement and make the most of our API)

Make the wise choice when selecting a business account for your domestic and global needs.

Be Smart, Get Wise.

Wise Interest disclaimer: Growth not guaranteed. Your balance will go down in the event of a government default or interest rates going negative. Taxes may apply. 3.32% variable rate on GBP is based on 7 day performance as of 05 Aug 2026. For full 5-year past performance and fund information, visit https://wise.com/interest. Investments are offered by Wise Assets UK Ltd. (FRN 839689)

Frequently asked questions

Can freelancers open a Lithuanian business account online?

Some providers offer a remote application. describes remote corporate opening after identity checks, while describes online application for its payment account. Eligibility depends on business form, registration and verification.

Which Lithuanian business account has the lowest total cost for a freelancer?

There is no single lowest-cost account for every payment pattern. Compare monthly fees with included transfers, cards, foreign-currency receipts and FX charges. For example, SEB's MINIMUM plan is €4.50 a month but excludes a debit card, while Paysera's ordinary Lithuanian company administration is €5 a month with its stated transfer allowance.

Can a non-resident use the same business-account plan as a Lithuanian resident?

Do not assume so. SEB says its service plans are unavailable to non-resident customers, and its standard non-resident minimum-service fee differs from its resident charge. Other providers make their own residency and entity checks; verify your exact eligibility before applying.

Sources:

Satchel - Open an account online in Lithuania
SEB - Main fees and charges for business customers
Swedbank - Service plans for business
Swedbank - Open a new business account

Sources last checked on 8 October 2026

*Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.

This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.

We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.