Local & International payments

Transfers in euro throughout the euro area (SEPA) are executed on clearing system business days, five times a day.


If you submit the payment order after 4.20 p.m., on weekends or international holidays, the funds will be credited to another bank’s account on the first business day thereafter at 9.15 a.m.

*The exact time of crediting the funds to the beneficiary’s account depends on the beneficiary’s bank.

Only users with administrator rights have functionality to increase payments limits. Go to internet bank and on the right top press on settings button.

If you have administrator rights but you do not see the “Change limits and permissions” button in the “Limits and permissions” section, then write a message to the Bank by clicking on the envelope icon in the right corner of the internet bank window. In the message, please specify the account number, currency, the amount of the limit you want to change to and the name of the limit (e.g. payment, day, month).


The Bank allows clients to set a maximum amount that can be transferred via instant payment. The default limit set by the Bank is 15,000 EUR. This limit can be changed in the internet bank section “Settings” -> “Limits and permissions”, or by writing a message to the Bank.

To ensure the security of client funds, the Bank recommends setting a limit that reflects your individual needs.

The instant payment limit can only be set or changed by a user with administrator rights. The limit is set at the user level and applies to all accounts. 

An instant payment may be rejected if the payee’s payment service provider does not accept instant payments or if the payment cannot be completed within the time frame defined by legal regulations. This may occur due to mandatory data checks performed by the payer’s or payee’s payment service providers, or due to technical issues. 

You can make an instant payment via an internet bank by selecting “New Payment”, using the bulk payments section, or by writing a message to the Bank and submitting a payment request. 

Do not use Lithuanian characters in the fields of an international payment order;

In the fields of an international payment order, use international characters:

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
a b c d e f g h i j k l m n o p q r s t u v w x y z
0 1 2 3 4 5 6 7 8 9
/ – ? : ( ) . , ‘ +
Space


What are the payment fees and deadlines?

Shared costs (SHA): the payer pays the SME Bank’s fees and the recipient pays the fees of the other banks (in certain cases, the recipient may receive a lower amount if agreed with their payment service provider). The transfer is made on the same working day if the payment order is submitted:

in EUR, GBP, USD until 3 PM;

in DKK, SEK until 11 AM;

in CZK, PLN until 9 AM.

in NOK until 2 PM.

When we execute a payment order, we transmit to the recipient’s bank the information provided in the payment order. The Bank is not responsible for the accuracy of the data provided in the payment.

A payment order submitted after the specified hours or on a non-business day of the Bank will be executed on the next business day of the Bank or currency.

If the funds are transferred to you from an account with another bank operating abroad or in Lithuania, they are credited to your account on the same business day (by 5 PM on the same day) when the Bank receives the payment from the payer’s bank and all the information required for crediting the payment. If the information is insufficient or inaccurate for the crediting of the payment, the payment will be credited no earlier than the next business day of the Bank when all the information necessary for the crediting is received.


The name of the company or their name and surname;

Your account number in IBAN format with SME Bank;

Address of the company or their home address;

The name of the bank (SME Bank), and the SWIFT code (USDFLT22);

The name of the correspondent bank abroad and the Swift code in the relevant currency:


NOTE. The primary payer of the funds must be indicated under the sender’s details in the payment.

To cancel payments made or in progress in the ‘List of transactions’ section of the online bank, please send a message via the online bank. In such cases, a fee will be charged for the cancellation of the transfer, in accordance with the applicable bank service and transaction fees, regardless of whether the funds are returned. If the money has already been credited to the recipient, it can only be returned to the payer with the agreement of the recipient.

To make an international payment in another currency, you first need to make a currency conversion before you can make an international payment in that currency.

Current accounts are multicurrency. When you make a currency exchange or when you receive a payment in a currency other than EUR, for you will automatically be added an account in another currency with the same account number (IBAN) as your EUR account in the Internet Bank.

A non-working day for a currency is a day when the selected currency is not convertible, and payments are not possible. In order for a date to be a valid settlement date, it must be a business day in the countries of the buy and sell currencies.

Before confirming a SEPA, instant, or internal bank payment, the system compares the payee’s name, surname, or company name you entered with the data held by the payee’s payment service provider. The result is provided within a few seconds after entering the payee’s details.

Upon receiving the result:

Match – you can proceed with the payment.

Close match – a corrected version of the payee’s name or company name is provided in the result message. If it doesn’t look right, or you’re not sure, do not confirm the payment and contact the beneficiary to check their details.

No match – the account may belong to a different person. We recommend contacting the payee to confirm the correct account holder’s name or company name before proceeding.

Verification not possible – the service may be temporarily unavailable, or another issue may have occurred. Try again later or check whether the payee’s service provider currently supports verification of payee service.

This service is free of charge, however some Business customers submitting payment instructions as a batch (bulk payments) prefer to opt out of verification of payee service. This can be done in the internet bank section “Settings” -> “Bulk payments settings”.