Account administration and identity verification for business clients
Available options:
- The company is registered in one of the SEPA countries, Albania, or Kosovo and is not an international company* or financial service provider**.
- The company is NOT registered in one of the SEPA countries, Albania, or Kosovo and is not an international company* or financial service provider**.
- The company is an international company* or financial service provider**.
To use the services of Paysera, you must carry out client identification first.
Account opening for companies registered in SEPA countries, Albania, or Kosovo is absolutely free of charge, whereas companies registered in non-SEPA countries are charged 10 EUR.
A monthly account administration fee of 5 EUR applies to all companies registered in SEPA countries (except Bulgaria and Romania), regardless of the number of business bank accounts held.
The account opening fee for companies that have the features of an international company* or conduct an activity typical to a financial service provider**, regardless of the country of their registration, is 100 EUR.
This fee includes all costs related to paid information received from independent registers, also the costs of enhanced client identification.
The account opening fee for other companies, which do not have the features listed above, depends on their country of registration.
Most Paysera services are provided to clients at cost price. Due to inevitable additional expenses related to the opening and administration of accounts for companies outside SEPA, international companies and financial service providers, such accounts are charged with account opening and administration fees.
Pricing for business
The company is registered in one of the SEPA countries, Albania, or Kosovo and is not an international company* or financial service provider**
Service | Fee |
---|---|
Account opening or closing in the system | Free |
Account opening or closing at the Paysera branch (for Lithuania only) | 3 EUR |
Account administration in Bulgaria, Romania, Albania, and Kosovo | Free |
Account administration in other SEPA countries | 5 EUR/month (the price includes 30 free transfers per month). |
Cumulative account openingThe fee is payable only once for document review before the establishment of the relations and does not depend on a positive outcome. | 10 EUR |
Fee for the transfer / administration of a bankrupt or liquidated company's funds | 50 EUR |
The company is NOT registered in one of the SEPA countries, Albania, or Kosovo and is not an international company* or financial service provider**
Service | Fee |
---|---|
Account opening and closing in the system or at the Paysera branch* for business | 10 EUR For Paysera Bank Georgia clients – free |
Account administration | 5 EUR/month |
International company* or financial service provider**
Service | Fee |
---|---|
Account opening and closing in the system or at the Paysera branch* for business (for Lithuania only) | 100 EUR |
Account administration | 10 EUR/month |
- Carries out an actual economic activity in an international environment or on the territory of several countries, although does not conduct such activity in the country of registration, or the activity is limited under the incorporation documents, or by the jurisdiction of that country and (or);
- The client is subject to significant tax relief, and (or);
- Legal acts do not require such entities to prepare and submit financial statements, including annual financial reports, to supervisory institutions.
** Financial service provider is a company providing financial services. This category includes credit, financial, payment electronic service institutions, currency exchangers, crowdfunding platforms, insurance and FX brokers, etc. An additional agreement is signed with such companies when opening an account.
Client identification
Client identification method | Important information |
---|---|
Client identification at the Paysera branch (for Lithuania only) | The company manager must have their ID card or passport with them. If the company is registered not in the Republic of Lithuania, the manager must also bring: a company registration document and a manager (director) appointment letter (where the manager's name would be indicated). |
Client identification by submitting documents to the Paysera system or by email | In order to open a business account, the manager or an authorised person of the company must firstly create a personal account in the Paysera system. To do that, the manager must provide their identity verifying document (ID card or passport). To register by email, the manager should contact our Client Support by writing an email to support@paysera.com. |
Client identification with e-signature (for Lithuania only) | To open a business account, the manager or an authorised person of the company must firstly create a personal account in the Paysera system. An electronic signature may be used to do that. |
After the client (user) terminates the General Agreement, the remaining balance can be transferred to a bank account in the client’s name or paid in cash at a Paysera branch.