GSL / Bankera

How to open a payment system account in Bankera

Main characteristics and experience with the payment system
Cost
2750 USD
Beginning of cooperation
April, 2020
Last contact
July, 2022
Last update
May, 2024

Being professional intermediaries, we are limited in giving public opinion about some financial institutions. Please contact us directly to obtain more detailed feedback.

  • It is possible to open a current account;
  • It is possible to make payments in EUR, USD and other currencies;
  • No minimum balance requirements;
  • The payment system is ready to work with Crypto exchange platforms;
  • Open accounts for offshore companies (BVI, Seychelles, Hong Kong, UAE);
  • Provide unique IBAN;
  • Ability to conduct SWIFT, SEPA payments;
  • Active Internet Bank;
  • Possible issue of cards (VISA)
Cost
2750 USD
Beginning of cooperation
April, 2020
Last contact
July, 2022
Last update
May, 2024
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General information and GSL rating

2020
Year of foundation
Lithuania
Country of license issue
Central Bank of Lithuania
Regulator
GSL rating
Year of foundation
2020
History
As a brand was created in 2017. Started offering financial services in 2020
Personnel
There are English-speaking staff
Payment system owners
Bankera co-founders Vytautas Karalevicius, Mantas Motskevicius and Justas Dobiliauskas
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    Minimum requirements

    No restrictions
    Minimal turnover, €
    0
    Minimal balance, €
    Yes
    Do they work with offshore companies
    No
    Do they require a substance
    Minimal turnover, €
    No restrictions
    Restrictions by jurisdiction
    Opening accounts to offshore companies
    Restrictions by activity
    Ready to work with Crypto exchange platforms
    Restrictions by substance
    No

    Tariffs and services

    20
    Array
    0
    Array
    600
    Account maintenance, €/month
    0
    Acquiring commission
    Account opening procedure, €
    Fee for account opening application: free of charge (Business rate), 450 EUR (Business+ rate), 900 EUR (Class A rate)
    Array
    SEPA transfer fee is 0,1 EUR (tariff Business), 0,04% min 2 EUR - max 200 EUR (tariff Business+), 0,04% min 2 EUR (tariff Class A). Fee for SWIFT transfer is 0.2% + 7 EUR (fare Business), 0.2% + 7 EUR (fare Business+), 0.5% (fare Class A)
    Array
    SEPA incoming payment fee: free of charge (tariff Business), free of charge (tariff Business+), 0.5% (tariff Class A). SWIFT incoming payment fee is 18 EUR (fare Business), 18 EUR (fare Business+), 0.5% (fare Class A)
    Account maintenance, €/month
    Monthly account maintenance fee is 5 EUR (tariff Business), 50 EUR (tariff Business+), 200 EUR (tariff Class A)
    Other services
    It is possible to issue cards (VISA)

    Account opening procedure

    Account opening terms
    Case by case
    Possibility of remote account opening
    Yes
    Business description
    Detailed
    Types of accounts
    Current
    Document requirements
    Completed bank forms; copy of client's passport; proof of address; standard set of corporate documents
    Possibility of remote account opening
    It is possible to open an account and be identified remotely. If you wish, you can arrange a personal meeting with the manager
    Types of accounts
    Current
    Chances to open an account
    Predictable
    Business description (text description)
    Requirements for the description of standard activities: a story about the current state of the business and its formation, disclosure of the source of funds, biography of the beneficiary of the account and contact information
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