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Provider profile

Demivolt

Business payment account

Euro business account from Demivolt, a Lithuanian e-money institution and Visa principal member: a dedicated IBAN in your company's name on its own SEPA connection, SEPA, SEPA Instant, T2 and SWIFT, Visa cards, and no opening or monthly fee for lower-risk companies.

  • Lithuania
  • EMI
  • Business account
  • Lithuania
  • EUR IBAN

Regulated by

  • Bank of Lithuania · LithuaniaNo. 77
Provider type
E-money institution
IBAN
Dedicated IBAN in the company's name
Payment rails
SEPA, SEPA Instant, T2, SWIFT
Cards
Visa, virtual and physical
Safeguarding
Not published
Non-residents
Not published
Remote opening
Yes
Support languages
Lithuanian, English
Support channels
EmailTelegramWhatsApp

Overview

Demivolt, at a glance.

Demivolt is an e-money institution headquartered in Lithuania, regulated by Bank of Lithuania. The business account has no monthly fee. Opening an account takes 3–5 days.

Demivolt is an e-money institution licensed by the Bank of Lithuania, not a bank. It connects to SEPA directly through CENTROlink.

Why businesses pick Demivolt

  • No opening, monthly or closing fee for lower-risk companies
  • Dedicated IBAN in the company's name on Demivolt's own SEPA connection
  • SEPA, SEPA Instant, T2 and SWIFT
  • Free incoming SEPA and internal transfers; €0.40 per outgoing SEPA
  • Sub-accounts and team permissions

Watch out for

  • Euro account only
  • SWIFT costs €25 in and €30 out
  • Published prices apply to lower-risk companies; others are priced case by case
  • 98 jurisdictions are refused, including the United States, South Africa and Mauritius
  • Only one Trustpilot review

Business fit

Will Demivolt accept your business?

Four quick answers. Where your company is registered and what it does rule a provider in or out faster than anything else.

Based on Demivolt's published rules

Likely fit

Demivolt lists both United Kingdom companies and Financial institutions as accepted.

Demivolt does not publish a minimum company age or turnover, so those two answers are not checked here.

This is one provider. Your profile checks all of them.

  • Every provider that fits your business
  • The reason behind each match
  • Company age and turnover checked too
See all my matches

Who it works with

Accepted and not accepted.

What Demivolt publishes about the businesses it takes on.

Who Demivolt serves

  • Financial institutions
  • Startups and SMEs
  • IT and software

Not supported

Industries and countries Demivolt does not accept, from its own published lists.

Industries

  • Buying, converting, selling or any other operations related to virtual currency (including transfers from or to virtual currency exchangers)
  • Politically exposed persons are not served

Countries

  • Afghanistan · owners
  • Algeria · owners
  • Angola · owners
  • Anguilla · owners
  • Antarctica · owners
  • Antigua & Barbuda · owners
  • Aruba · owners
  • Bahamas · owners
  • Bahrain · owners
  • Barbados · owners
  • Belarus · owners
  • Belize · owners
  • Bermuda · owners
  • Bolivia · owners
  • Bouvet Island · owners
  • Brunei · owners
  • Burkina Faso · owners
  • Burundi · owners
  • Cayman Islands · owners
  • Cameroon · owners
  • Central African Republic · owners
  • Cook Islands · owners
  • Côte d’Ivoire · owners
  • Cuba · owners
  • Curaçao · owners
  • Congo - Kinshasa · owners
  • Djibouti · owners
  • Dominica · owners
  • Ecuador · owners
  • Ethiopia · owners
  • Fiji · owners
  • French Polynesia · owners
  • French Southern Territories · owners
  • Gibraltar · owners
  • Guatemala · owners
  • Guernsey · owners
  • Guinea · owners
  • Guinea-Bissau · owners
  • Haiti · owners
  • Heard & McDonald Islands · owners
  • Yemen · owners
  • Iran · owners
  • Iraq · owners
  • Isle of Man · owners
  • Jersey · owners
  • Kenya · owners
  • North Korea · owners
  • Kuwait · owners
  • Laos · owners
  • Lebanon · owners
  • Liberia · owners
  • Libya · owners
  • Maldives · owners
  • Mali · owners
  • Marshall Islands · owners
  • Mauritius · owners
  • Myanmar (Burma) · owners
  • Monaco · owners
  • Montserrat · owners
  • Mozambique · owners
  • Namibia · owners
  • Nauru · owners
  • Nepal · owners
  • Nicaragua · owners
  • Niger · owners
  • Nigeria · owners
  • Niue · owners
  • Palau · owners
  • Papua New Guinea · owners
  • Russia · owners
  • St. Helena · owners
  • St. Kitts & Nevis · owners
  • St. Pierre & Miquelon · owners
  • Samoa · owners
  • Seychelles · owners
  • Sint Maarten · owners
  • Syria · owners
  • Somalia · owners
  • South Africa · owners
  • South Georgia & South Sandwich Islands · owners
  • South Sudan · owners
  • Sudan · owners
  • Tanzania · owners
  • Tonga · owners
  • Trinidad & Tobago · owners
  • Turks & Caicos Islands · owners
  • U.S. Outlying Islands · owners
  • United States · owners
  • Vanuatu · owners
  • Venezuela · owners
  • Vietnam · owners
  • British Virgin Islands · owners
  • U.S. Virgin Islands · owners
  • Zimbabwe · owners
  • Afghanistan · company or owners
  • Algeria · company or owners
  • Angola · company or owners
  • Anguilla · company or owners
  • Antarctica · company or owners
  • Antigua & Barbuda · company or owners
  • Aruba · company or owners
  • Bahamas · company or owners
  • Bahrain · company or owners
  • Barbados · company or owners
  • Belarus · company or owners
  • Belize · company or owners
  • Bermuda · company or owners
  • Bolivia · company or owners
  • Bouvet Island · company or owners
  • Brunei · company or owners
  • Burkina Faso · company or owners
  • Burundi · company or owners
  • Cayman Islands · company or owners
  • Cameroon · company or owners
  • Central African Republic · company or owners
  • Cook Islands · company or owners
  • Côte d’Ivoire · company or owners
  • Cuba · company or owners
  • Curaçao · company or owners
  • Congo - Kinshasa · company or owners
  • Djibouti · company or owners
  • Dominica · company or owners
  • Ecuador · company or owners
  • Ethiopia · company or owners
  • Fiji · company or owners
  • French Polynesia · company or owners
  • French Southern Territories · company or owners
  • Gibraltar · company or owners
  • Guatemala · company or owners
  • Guernsey · company or owners
  • Guinea · company or owners
  • Guinea-Bissau · company or owners
  • Haiti · company or owners
  • Heard & McDonald Islands · company or owners
  • Yemen · company or owners
  • Iran · company or owners
  • Iraq · company or owners
  • Isle of Man · company or owners
  • Jersey · company or owners
  • Kenya · company or owners
  • North Korea · company or owners
  • Kuwait · company or owners
  • Laos · company or owners
  • Lebanon · company or owners
  • Liberia · company or owners
  • Libya · company or owners
  • Maldives · company or owners
  • Mali · company or owners
  • Marshall Islands · company or owners
  • Mauritius · company or owners
  • Myanmar (Burma) · company or owners
  • Monaco · company or owners
  • Montserrat · company or owners
  • Mozambique · company or owners
  • Namibia · company or owners
  • Nauru · company or owners
  • Nepal · company or owners
  • Nicaragua · company or owners
  • Niger · company or owners
  • Nigeria · company or owners
  • Niue · company or owners
  • Palau · company or owners
  • Papua New Guinea · company or owners
  • Russia · company or owners
  • St. Helena · company or owners
  • St. Kitts & Nevis · company or owners
  • St. Pierre & Miquelon · company or owners
  • Samoa · company or owners
  • Seychelles · company or owners
  • Sint Maarten · company or owners
  • Syria · company or owners
  • Somalia · company or owners
  • South Africa · company or owners
  • South Georgia & South Sandwich Islands · company or owners
  • South Sudan · company or owners
  • Sudan · company or owners
  • Tanzania · company or owners
  • Tonga · company or owners
  • Trinidad & Tobago · company or owners
  • Turks & Caicos Islands · company or owners
  • U.S. Outlying Islands · company or owners
  • United States · company or owners
  • Vanuatu · company or owners
  • Venezuela · company or owners
  • Vietnam · company or owners
  • British Virgin Islands · company or owners
  • U.S. Virgin Islands · company or owners
  • Zimbabwe · company or owners

Coverage

Where can you use Demivolt?

Coverage is a starting point. It does not confirm that every business in these markets is eligible.

Supported currencies

EUR

Euro payment account. International payments go through SWIFT.

Payment reach

Not published

Who can apply

Company incorporation countries156 countries · show list
  • Åland Islands
  • Albania
  • American Samoa
  • Andorra
  • Argentina
  • Armenia
  • Australia
  • Austria
  • Azerbaijan
  • Bangladesh
  • Belgium
  • Benin
  • Bhutan
  • Bosnia & Herzegovina
  • Botswana
  • Brazil
  • British Indian Ocean Territory
  • Bulgaria
  • Cambodia
  • Canada
  • Cape Verde
  • Caribbean Netherlands
  • Chad
  • Chile
  • China
  • Christmas Island
  • Cocos (Keeling) Islands
  • Colombia
  • Comoros
  • Congo - Brazzaville
  • Costa Rica
  • Croatia
  • Cyprus
  • Czechia
  • Denmark
  • Dominican Republic
  • Egypt
  • El Salvador
  • Equatorial Guinea
  • Eritrea
  • Estonia
  • Eswatini
  • Falkland Islands
  • Faroe Islands
  • Finland
  • France
  • French Guiana
  • Gabon
  • Gambia
  • Georgia
  • Germany
  • Ghana
  • Greece
  • Greenland
  • Grenada
  • Guadeloupe
  • Guam
  • Guyana
  • Honduras
  • Hong Kong SAR China
  • Hungary
  • Iceland
  • India
  • Indonesia
  • Ireland
  • Israel
  • Italy
  • Jamaica
  • Japan
  • Jordan
  • Kazakhstan
  • Kiribati
  • Kosovo
  • Kyrgyzstan
  • Latvia
  • Lesotho
  • Liechtenstein
  • Lithuania
  • Luxembourg
  • Macao SAR China
  • Madagascar
  • Malawi
  • Malaysia
  • Malta
  • Martinique
  • Mauritania
  • Mayotte
  • Mexico
  • Micronesia
  • Moldova
  • Mongolia
  • Montenegro
  • Morocco
  • Netherlands
  • New Caledonia
  • New Zealand
  • Norfolk Island
  • North Macedonia
  • Northern Mariana Islands
  • Norway
  • Oman
  • Pakistan
  • Palestinian Territories
  • Panama
  • Paraguay
  • Peru
  • Philippines
  • Pitcairn Islands
  • Poland
  • Portugal
  • Puerto Rico
  • Qatar
  • Réunion
  • Romania
  • Rwanda
  • San Marino
  • São Tomé & Príncipe
  • Saudi Arabia
  • Senegal
  • Serbia
  • Sierra Leone
  • Singapore
  • Slovakia
  • Slovenia
  • Solomon Islands
  • South Korea
  • Spain
  • Sri Lanka
  • St. Barthélemy
  • St. Lucia
  • St. Martin
  • St. Vincent & Grenadines
  • Suriname
  • Svalbard & Jan Mayen
  • Sweden
  • Switzerland
  • Taiwan
  • Tajikistan
  • Thailand
  • Timor-Leste
  • Togo
  • Tokelau
  • Tunisia
  • Türkiye
  • Turkmenistan
  • Tuvalu
  • Uganda
  • Ukraine
  • United Arab Emirates
  • United Kingdom
  • Uruguay
  • Uzbekistan
  • Vatican City
  • Wallis & Futuna
  • Western Sahara
  • Zambia
Owner nationality and residency156 countries · show list
  • Åland Islands
  • Albania
  • American Samoa
  • Andorra
  • Argentina
  • Armenia
  • Australia
  • Austria
  • Azerbaijan
  • Bangladesh
  • Belgium
  • Benin
  • Bhutan
  • Bosnia & Herzegovina
  • Botswana
  • Brazil
  • British Indian Ocean Territory
  • Bulgaria
  • Cambodia
  • Canada
  • Cape Verde
  • Caribbean Netherlands
  • Chad
  • Chile
  • China
  • Christmas Island
  • Cocos (Keeling) Islands
  • Colombia
  • Comoros
  • Congo - Brazzaville
  • Costa Rica
  • Croatia
  • Cyprus
  • Czechia
  • Denmark
  • Dominican Republic
  • Egypt
  • El Salvador
  • Equatorial Guinea
  • Eritrea
  • Estonia
  • Eswatini
  • Falkland Islands
  • Faroe Islands
  • Finland
  • France
  • French Guiana
  • Gabon
  • Gambia
  • Georgia
  • Germany
  • Ghana
  • Greece
  • Greenland
  • Grenada
  • Guadeloupe
  • Guam
  • Guyana
  • Honduras
  • Hong Kong SAR China
  • Hungary
  • Iceland
  • India
  • Indonesia
  • Ireland
  • Israel
  • Italy
  • Jamaica
  • Japan
  • Jordan
  • Kazakhstan
  • Kiribati
  • Kosovo
  • Kyrgyzstan
  • Latvia
  • Lesotho
  • Liechtenstein
  • Lithuania
  • Luxembourg
  • Macao SAR China
  • Madagascar
  • Malawi
  • Malaysia
  • Malta
  • Martinique
  • Mauritania
  • Mayotte
  • Mexico
  • Micronesia
  • Moldova
  • Mongolia
  • Montenegro
  • Morocco
  • Netherlands
  • New Caledonia
  • New Zealand
  • Norfolk Island
  • North Macedonia
  • Northern Mariana Islands
  • Norway
  • Oman
  • Pakistan
  • Palestinian Territories
  • Panama
  • Paraguay
  • Peru
  • Philippines
  • Pitcairn Islands
  • Poland
  • Portugal
  • Puerto Rico
  • Qatar
  • Réunion
  • Romania
  • Rwanda
  • San Marino
  • São Tomé & Príncipe
  • Saudi Arabia
  • Senegal
  • Serbia
  • Sierra Leone
  • Singapore
  • Slovakia
  • Slovenia
  • Solomon Islands
  • South Korea
  • Spain
  • Sri Lanka
  • St. Barthélemy
  • St. Lucia
  • St. Martin
  • St. Vincent & Grenadines
  • Suriname
  • Svalbard & Jan Mayen
  • Sweden
  • Switzerland
  • Taiwan
  • Tajikistan
  • Thailand
  • Timor-Leste
  • Togo
  • Tokelau
  • Tunisia
  • Türkiye
  • Turkmenistan
  • Tuvalu
  • Uganda
  • Ukraine
  • United Arab Emirates
  • United Kingdom
  • Uruguay
  • Uzbekistan
  • Vatican City
  • Wallis & Futuna
  • Western Sahara
  • Zambia

Company types

Companies (legal entities)

Pricing

What does Demivolt cost?

Look beyond the monthly fee. Your total cost depends on how many transfers you make, where they go and how much you convert.

Account cost

Opening fee

Free

Monthly fee

Free

  • Business account

    €0 per month

    €0 setup · €0 in year one

Transaction fees

Transaction fees
CostListed amountHow it is charged
Incoming
SEPAFreeNo charge
SWIFT / international€25Fixed fee
From another Demivolt accountFreeNo charge
Outgoing
SEPA€0.4Fixed fee · Lithuania-based lower-risk companies; others priced case by case
SWIFT / international€30Fixed fee
To another Demivolt accountFreeNo charge

Other fees

Onboarding

From application to live account.

Opening an account typically takes three to five business days.

  1. 1

    Apply

    Start the application online or through the sales team.

  2. 2

    Company and people

    Give the company's registration details, directors and owners.

  3. 3

    Checks

    Upload the documents requested and complete identity verification.

  4. 4

    Account live

    Once approved, the account is opened and you receive its details.

Documents you need

Not published

FAQ

Your questions, answered.

Is Demivolt a bank?

No. Demivolt, UAB is an e-money institution licensed by the Bank of Lithuania (licence No. 77) and a Visa principal member.

How much does a Demivolt account cost?

For lower-risk businesses, opening, monthly maintenance and closure are free. Outgoing SEPA costs €0.40, SWIFT €25 in and €30 out; incoming SEPA and internal transfers are free.

Which countries can't open an account?

Demivolt restricts 98 jurisdictions for registration and transactions, including the United States, South Africa, Russia, Mauritius and the Channel Islands.

Which currency is the account in?

Euro. International payments are sent through SWIFT.

Alternatives

How Demivolt compares.

If Demivolt is not the right fit, these providers work with similar businesses. Compare their listed licences and services below.

Demivolt and similar providers
ProviderLicensed inKnown for
DemivoltThis pageE-money institutionLithuaniaEUR IBAN
ConnectPayE-money institution80+ currenciesOnline businesses
PayseraE-money institutionLow fees16 support languages
SatchelE-money institutionEuropean IBANMastercard cards
WallettoE-money institutionNamed IBANFree plan

Not sure which one fits? Your profile ranks them for your business, with the reason behind each.

One Finzil profile

Stop applying one provider at a time.

The usual route is to apply to each provider you find, then spend weeks going back and forth with its compliance team. Tell Finzil about your business once and start with the providers likely to say yes.

Find my options Free · 2 minutes · No obligation

Already decided on Demivolt? Open a Demivolt account

  1. 1

    Describe your business once

    Country, industry, owners and what you need. One profile, saved, instead of a new form for every provider.

  2. 2

    See who fits, and why

    Your matches, each with the reason behind it, so you know who would turn you down before you apply.

  3. 3

    Use the same profile to applyComing soon

    Send it to the providers you choose, without starting from scratch each time.