A Lithuanian bank relationship, with two investment-account routes
Sections ↑This is the securities service of “Swedbank”, AB in Lithuania, company code 112029651 and Bank of Lithuania authorisation code LB000298. It is not a Swedish-parent account or the Latvian or Estonian tariff. The group’s own identifier table distinguishes those separate banks, despite the shared brand.[1][9]
For a first personal banking relationship, the published remote-opening route targets adult Lithuanian citizens with a suitable qualified identification method. Other applicants are directed to a branch and its documentation requirements. That is a channel restriction, not evidence that all non-citizens are forbidden to become customers. A bank-account opening is also distinct from the subsequent investment documentation.[2]
Two ways to organise securities and cash
| Arrangement | How it works |
|---|---|
| Ordinary securities account | Holds investments and links to a selected bank account.Source 3 |
| Investment account | A dedicated investment cash account opens together with a linked securities account.Source 3 |
| Tax reporting distinction | The investment account must additionally be declared with the annual tax return; the bank explains taxation by withdrawals exceeding contributed funds.Source 3 |
| Ownership authority | Married customers disposing of jointly owned securities need the specified spouse authority or evidence of separate ownership.Source 3 |
The electronic spouse-authority timetable is three business days for preparation, three for signing and one for loading. Qualified Smart-ID, Mobile-ID or ID-card signatures are described. Foreign marriage documents may need legalisation or an apostille.[3]
Listed securities and managed funds have different mechanics
Sections ↑The service covers Baltic and overseas shares, ETFs and debt securities. A broader derivatives tariff does not establish retail eligibility. Investment-service distribution to US residents and citizens is expressly excluded.[4]
The fund service permits small subscriptions, advertising entry from EUR 1. Its selection tool filters funds by geography, theme and risk preference but explicitly does not assess personal suitability. That tool is therefore not a discretionary adviser or permission for the bank to rebalance a portfolio without a separate mandate.[5]
Costs inside and outside a fund
| Layer | Interpretation |
|---|---|
| Bank transaction charge | Swedbank group fund transactions and safekeeping are advertised without those bank charges.Source 5 |
| Fund ongoing costs | The fund table separately publishes ongoing costs; zero bank dealing fees do not remove them.Source 5 |
| Return calculator | Its output is illustrative, excludes fees and is not a promised future return.Source 5 |
Channel, market and monthly portfolio value
Sections ↑Shares and ETFs: published commission
Percentages use trade value. Minimums apply again on each day of a multi-day partial execution. Trading-currency conversion and applicable transaction taxes are additional.[4]
Safekeeping and selected transfers
| Item | Published charge |
|---|---|
| Monthly custody | 0.008% of month-end value above EUR 30,000; bonds use nominal value. Group funds and Lithuanian government savings notes are excluded.Source 4 |
| Lithuanian free-of-payment transfer | Incoming: zero; outgoing: EUR 6.Source 4 |
| US/Germany free-of-payment transfer | EUR 15; standard local-agent settlement included.Source 4 |
| Account opening, closing, statements | Zero.Source 4 |
A hypothetical EUR 50,000 fully chargeable month-end portfolio has EUR 20,000 above the threshold: EUR 1.60 monthly custody. That calculation is not a universal portfolio bill.[4]
Authorisation, execution and the account record
Sections ↑Account opening requires identity verification, application and acceptance. It is distinct from subsequent investment documentation.[2]
A cancellation request cannot reverse an execution already completed. Consequently, a changed investment decision should be reconciled against the actual transaction record rather than the screen on which an order was first entered. The reviewed public pages did not establish a complete matrix of stop orders, time-in-force settings or an emergency dealing guarantee; no unsupported advanced-platform capability is assigned here.
Investment withdrawals are not a disposal instruction
Sections ↑The dedicated investment-account flow is: fund the cash account, buy securities, receive the proceeds or income, then transfer available cash to the ordinary account when withdrawing. The bank treats dividends as contributions after taxation at payout, while bond interest is not a fresh contribution. Trading and safekeeping costs are not treated as withdrawals under its explanation.[3]
This describes the account and tax mechanism, not instant settlement. Selling an asset, its settlement, the arrival of cash and a later bank transfer are separate events. The retrieved account guide does not supply a universal payout time after every market sale; nor does a free-of-payment transfer price establish that every foreign security can be accepted. Confirm the instrument, receiving custodian and settlement details before instructing a move.
Two statutory limits, not one insured portfolio
Sections ↑The bank’s protection disclosure
| Subject | Limit and trigger |
|---|---|
| Eligible deposits | Up to EUR 100,000 per depositor across accounts at the same bank; standard payout deadline seven working days.Source 6 |
| Eligible investment liabilities | Up to EUR 22,000 for money or financial instruments the bank cannot return, aggregated per investor.Source 6 |
| Exclusions and delays | Excluded investor classes, disputed ownership and legal restrictions can change eligibility or timing.Source 6 |
The investment-liability figure is not insurance against an ETF price fall or a bond issuer’s default. The disclosure also excludes the bank’s own debt securities from deposit insurance: purchasing a bank bond does not turn it into an insured cash balance.[6]
Fraud response and the complaint clock
Sections ↑The Lithuanian security guide warns against approving uninitiated login or payment prompts and against granting remote control to purported investment support. It says the bank will not ask customers to reveal access codes and directs suspected fraud to immediate contact through official channels. A recovery payment demanded by an unsolicited caller is not part of the securities withdrawal process.[8]
Complaint steps
| Stage | Published procedure |
|---|---|
| Submit | Send the disputed circumstances, request and supporting information through the bank’s complaint channels.Source 7 |
| Receipt date | After 16:00 or on a non-working day, receipt is treated as the next working day.Source 7 |
| Response | Normally within 15 working days; the bank explains additional information needs and a revised deadline if delayed.Source 7 |
| External consumer dispute | The stated Bank of Lithuania referral window is one year from the initial inquiry to the bank.Source 7 |
Data-protection complaints follow their own process and normally a 30-calendar-day response rule. That clock should not replace the financial-service complaint timetable.[7]
Local entity rather than a pan-Baltic permission
Sections ↑The Bank of Lithuania register records the Vilnius bank under LEI 549300GH3DFCXVNBHE59. The group’s Swedish, Estonian and Latvian banks have different identifiers. Keeping that legal boundary visible avoids importing another country’s eligibility rules, compensation scheme or prices into this Lithuanian securities relationship.[1][9]
- Headquarters
- Vilnius, Lithuania
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
“Swedbank”, AB
LithuaniaSource 1
No separate licence entry is recorded in this panel.
Sources & further reading
- Swedbank AB: Lithuanian bank licence and legal identity Bank of Lithuania · Accessed 20 Oct 2026
- Personal bank-account opening eligibility Swedbank Lithuania · Accessed 20 Oct 2026
- Securities account, investment account and spouse authority Swedbank Lithuania · Accessed 20 Oct 2026
- Stocks: trading, safekeeping and transfer tariff Swedbank Lithuania · Accessed 20 Oct 2026
- Investment funds: access, ongoing charges and selection tools Swedbank Lithuania · Accessed 20 Oct 2026
- Deposit and liability insurance for investors Swedbank Lithuania · Accessed 20 Oct 2026
- Handling customer complaints Swedbank Lithuania · Accessed 20 Oct 2026
- Secure banking and compromised-access guidance Swedbank Lithuania · Accessed 20 Oct 2026
- Separate Swedbank legal entities and identifiers Swedbank Group · Accessed 20 Oct 2026
This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.