Pricing is valid from June 1, 2024 

For residents of the European Union

This Price List applies to Business Customers:

a) whose registered office is in the Republic of Lithuania or an European Union country;
b) whose parent companies, and/or any other entities with the right to exercise Control over the Business Customer, are all legal entities with their registered office in the Republic of Lithuania or an European Union country;
c) whose Ultimate Beneficial Owners are all residents¹ of the Republic of Lithuania or an European Union country; and
d) that are not engaged in high-risk activities².

If any of the conditions at a), b) or c) above is not met, the Business Customer shall be subject to the Price List for non-European Union residents. Business Customers that are engaged in high-risk activities shall be subject to separate pricing – advance written notice of the applicable prices will be provided.

¹ A person shall be deemed to be a resident of the Republic of Lithuania or a European Union country if: they hold an identity document issued by that country and their permanent place of residence is located in the Republic of Lithuania or any other European Union country; or they hold an identity document issued by a country that is not a member of the European Union, but they are resident in the Republic of Lithuania or another European Union country and hold a document issued by that country granting them the right of temporary or permanent residence in that country.

² High-risk activities shall include:

• trade in virtual currencies;
• trade in petroleum and petroleum products;
• trade in ferrous, non-ferrous and precious metals, precious stones, jewellery, works of art;
• trade in alcoholic beverages and alcohol products, tobacco products;
• organizing and conducting of auctions;
• financial services;
• charity, sponsorship, etc.

Administration of Contomobile accounts

¹This fee relates to work required to verify documents and information submitted by the Customer including, without limitation, documents evidencing its identity, residency status and beneficial ownership. It is payable before Contomobile will perform document verification in relation to the Customer’s application for a Contomobile Account, and before any decision will be taken on whether to open a Contomobile Account for the customer. It is also payable in the event that further document verification is required during the course of the business relationship (for example, in the event of a change of management, beneficial ownership, shareholders, etc.). Data verification fees are not refundable under any circumstances, including if Contomobile refuses to open an account for any reason, or if the Customer decides not to open an account.

²Data verification fees will not apply to a legal entity registered in the Republic of Lithuania if it submits: an extended statement from the State Enterprise Center of Registers’ Register of Legal Entities (JAR); data from the Information System on Legal Entities’ Participants (JADIS); and data from the Information System on Legal Entities’ Beneficial Owners (JANGIS). All statements and data must be less than 3 months old. A fee of EUR 15 shall be applied for each document that is not submitted by the Customer.

³This fee shall be applied per IBAN account (e.g., if you have two different IBANs, a fee of EUR 9 /month shall apply) and shall be debited on the last day of each month. The fee shall apply irrespective of whether or not any transactions are made during the relevant period.

⁴This fee will apply if, following termination by either party, the Customer has not transferred any remaining balance of funds from its Contomobile Account prior to the termination taking effect. In these circumstances the Customer’s Contomobile Account will be closed, and the remaining balance will be held in a segregated account. This administration fee will continue to apply until Contomobile receives a valid instruction to transfer the balance of funds to an account specified by the Customer. 

Payments between Contomobile accounts

Crediting of funds 

Other payment-related services

Statements and certificates

Certificates and other letters shall be issued within 10 Working days.

Service Plans 

¹This fee shall be applied for each IBAN account (e.g., if you have two different IBAN accounts, a fee of EUR 9 /month shall be applied) and shall be debited on the last day of each month. The fee shall apply irrespective of whether or not any transactions are made during the relevant period.

²Standard rates shall apply to any payments that are made in excess of this allowance.

³Service available on request. Please contact Contomobile to access this Service.

⁴This fee shall apply when the payment is received from a country which is not included in the list of countries in footnote 5 below.

⁵This fee shall apply when the payment is received from the following countries:
Afghanistan, Anguilla, Antigua and Barbuda, Armenia, Aruba, Azerbaijan, Bahamas, Bahrain, Barbados, Belize, Bermuda, British Virgin Islands, Brunei, Bulgaria, Burkina Faso, Cambodia, Cameroon, Cayman Islands, Cook Islands, Croatia, Curacao, Democratic Republic of Congo, Djibouti, Dominica, Ecuador, Fiji, Georgia, Gibraltar, Guatemala, Guernsey, Haiti, Isle of Man, Jamaica, Jersey, Jordan, Kenya, Kyrgyzstan, Lebanon, Liberia, Maldives, Mali, Marshall Islands, Mauritius, Moldova, Montserrat, Morocco, Mozambique, Namibia, Nauru, Nigeria, Niue, Palau, Panama, Philippines, Saint Kitts and Nevis, Saint Pierre and Miquelon, Samoa, Senegal, Seychelles, Sint Maarten, South African Republic, St. Helena, Tajikistan, Tanzania, Tonga, Trinidad and Tobago, Turkey, Turkmenistan, Turks and Caicos, Uganda, United Arab Emirates, US Virgin Island, Uzbekistan, Vanuatu, Vietnam, Yemen, Zimbabwe.

Collection of e-payments

Payment initiation service (PIS)¹

¹ Payment Initiation Service (PIS) is a Service that allows sellers (e-shops, service providers, etc.) to receive e-payments for goods or services to an account held with Contomobile or with another financial institution.

Payment collection by payment cards¹

¹The collection of e-payments by payment cards enables sellers (e-shops, service providers, etc.) to collect e-payments from payers using MasterCard, Maestro, Visa or Visa Electron payment cards. Payments that are collected via this Service can only be credited to your Contomobile Account.

²This fee applies to Customers that are engaged in low-risk activities. If it is assessed that you are engaged in medium or high-risk activities we will provide advance written notice of the fees that will apply to your use of this Service.