In what currencies can transfers be made?

Luminor Bank AS Lithuanian Branch makes transfers in the following currencies: AUD, CAD, CHF, CZK, DKK, EUR, GBP, HUF, JPY, NOK, PLN, SEK and USD.

What type of charges can I choose for simple transfers in another currency?

For ordinary transfers in another currency, you can choose the following types of charges: 

  • OUR –  only the payer pays for the transfer in another currency to the payer’s and the beneficiary’s payment service providers
  • SHA –  the payer pays for the transfer in another currency to the payer’s service provider, and the beneficiary pays to the beneficiary’s payment service provider
NOTE: Payment orders in all currencies to EEA countries are executed only with the SHA tax type.
More information about the charges for transfers in other currencies and their application is available here.

What payment details must be provided to a foreign business partner in order to receive funds to my account at "Luminor"?

  • Your full name
  • Your IBAN (20 characters) account number with our bank
  • The beneficiary’s payment service provider (bank) name (Luminor Bank AS Lithuanian Branch) and SWIFT code (AGBLLT2X)
  • The name of the correspondent bank abroad and SWIFT code.

What is an IBAN?

An IBAN is a format of International Bank Account Number that is mandatory in the European Union member states. This format facilitates settlements between partners in different countries, with different banking authentication and account numbering systems. Therefore, be sure to include your account number with the IBAN in the beneficiary’s account field for payments in euros to Euro zone banking clients. If you do not specify the IBAN, your and the beneficiary’s bank charges will increase, in addition to possible delays in transfers.

See countries where an IBAN is mandatory or strongly recommended

What details do I have to specify for the bank to properly execute a transfer in other currencies?

As part of the customer-initiated payment order, we transfer the information in the payment order to the recipient’s financial institution. Fill in all transfer fields marked with an asterisk to complete the transfer. However, regardless of the mandatory information, payment orders will be executed and credited to the beneficiary’s account based on “unique details” and without verifying the compliance with other information (such as the recipient’s name or company name).

Unique details for transfers in other currencies:

  • The payer’s IBAN account number;
  • The beneficiary’s account number;
  • The beneficiary’s bank SWIFT/BIC code.
You will find detailed information about the mandatory information fields on the internet bank. Press the button with a question mark located on the top right corner of the payment window.

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