Overview
Wallter, at a glance.
Wallter is an e-money institution headquartered in Lithuania, regulated by Bank of Lithuania. Business accounts cost €50 a month. Opening an account takes 3–5 days.
Why businesses pick Wallter
- Works with crypto, forex, iGaming, payment and money service businesses
- Serves companies from inside and outside the EEA
- SEPA, SWIFT and local clearing in the UK and US
- A dedicated account manager
Watch out for
- Setup costs €500 to €1,800 and is not refunded
- Every payment carries a percentage: 0.5% to 1% on incoming SEPA, 0.6% to 1% on SWIFT with a €65 minimum
- Currency exchange costs 1.75% to 2%
- Cards cost €25 to issue and €20 a month, with a 2% loading fee
- How client funds are protected is not published
Business fit
Will Wallter 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 Wallter's published rules
Needs review
Wallter works with Cryptocurrency businesses, but does not publish the countries it accepts companies from.
Wallter 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
Who it works with
Accepted and not accepted.
What Wallter publishes about the businesses it takes on.
Who Wallter serves
- Crypto
- Forex
- iGaming
- Financial institutions
- E-commerce
All 9 industries on Wallter's accepted list
- Cryptocurrency businesses
- Digital asset service providers
- Forex brokers
- Online gaming/iGaming operators
- Payment service providers
- Fintech companies
- Money service businesses
- High-volume e-commerce merchants
- Cross-border payment companies
Not supported
Industries and countries Wallter does not accept, from its own published lists.
Industries
- Check cashing, deposit-taking and cash transfer
- Multi-level marketing, financial pyramid, Ponzi, matrix and get-rich-quick schemes
- Shell banks and syndicates
- Services facilitating anonymous payments/financial services
- Binary options and using the Wallter account as escrow/safeguarding
- Unlicensed or illegal lotteries, gaming or gambling
- Illegal industry in the local jurisdiction, UK, Singapore or Lithuania
- Illegal drugs/narcotics including cannabis and paraphernalia
- Unlicensed/unregulated alcohol, tobacco and firearms including e-cigarettes
- Items facilitating illegal activity
- Stolen/counterfeit goods, IP/privacy violations and satellite/cable descramblers
- Counterfeit/unauthorised branded goods and illegally imported/exported goods
- IP/copyright/patent/trademark/trade-secret infringement
- Licensable business without licence/permit
- Violent/hate/racist content
- Nutra and prescription/OTC medicine
- Offensive weapons/ammunition/firearms/explosives/complex weapons/poisons
- Psychic services
- Offensive/racially discriminatory material
- Human organs
- Unrelated prepaid/stored-value cards
- Unregistered charities
- Timeshares/property reservations
- Adult content and sexual services/establishments
- Chemical/nuclear chemical businesses
- Restricted/endangered animal trade
- Unregulated/unlicensed IPTV/VOIP
- USA Patriot Act section 311 entities
- Sanctioned individuals/entities
Countries
- Not published
Coverage
Where can you use Wallter?
Coverage is a starting point. It does not confirm that every business in these markets is eligible.
Supported currencies
EUR and multi-currency SWIFT
- EUR
Payment reach
Not published
Who can apply
Company incorporation countries
Not publishedOwner nationality
Not publishedOwner residency
Not publishedCompany types
Not publishedPricing
What does Wallter 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
From €500
Monthly fee
€50
Corporate account
€50 per month
€500 setup · €1,100 in year one
Transaction fees
| Cost | Listed amount | How it is charged |
|---|---|---|
| Incoming | ||
| SEPA | 0.5–1% | Percentage of the amount; varies by plan · 0.5% for low and medium risk, 1% for high risk |
| SWIFT / international | 0.6–1%, min €65 | Percentage, with a minimum charge; varies by plan |
| Outgoing | ||
| SEPA | €30 | Fixed fee · Up to €15,000, then 0.25%; high-risk businesses pay 0.5% with a €35 minimum |
| SWIFT / international | 0.6–1%, min €65 | Percentage, with a minimum charge; varies by plan |
Other fees
Currency exchange (FX)
| Cost | Listed amount | How it is charged |
|---|---|---|
| FX markup | 1.75–2% | Percentage of the amount; varies by plan |
Cards
| Cost | Listed amount | How it is charged |
|---|---|---|
| Physical card issue | €25 | Fixed fee |
| Monthly card fee | €20 | Fixed fee |
| Card FX | 3%, min €10 | Percentage, with a minimum charge |
| ATM withdrawal | 2%, min €10 | Percentage, with a minimum charge |
Onboarding
From application to live account.
Opening an account typically takes three to five business days.
- 1
Enquiry
Contact Wallter with your company's country and business.
- 2
Documents
Send the company documents and identity documents for representatives, shareholders and owners.
- 3
Compliance review
Wallter assesses the business and sets its risk level and fees.
- 4
Account live
The EUR IBAN is opened; a multi-currency IBAN and cards can be added.
Documents you need
- Registry extract or Certificate of Incumbency
- Memorandum and Articles of Association
- Valid passport/ID
- Proof of address
- UBO/shareholder/representative identity and face photo
- Source of funds/wealth and counterparties
- Invoices, contracts, settlements, statements and other transaction-support evidence as requested
FAQ
Your questions, answered.
Is Wallter a bank?
No. Wallter, UAB is an e-money institution licensed by the Bank of Lithuania, register code LB000450.
How much does a Wallter account cost?
Setup costs from €500 and is not refunded, and the account costs €50 a month. Incoming SEPA payments cost 0.5% to 1%, SWIFT payments 0.6% to 1% with a €65 minimum, and currency exchange 1.75% to 2%.
Does Wallter accept crypto and gambling businesses?
Yes. Wallter serves cryptocurrency businesses, forex brokers, licensed iGaming operators, payment service providers and money service businesses. Unlicensed gambling is not accepted.
Which businesses does Wallter not accept?
Its policy excludes shell banks, binary options, pyramid schemes, unlicensed gambling, cannabis and illegal drugs, unlicensed alcohol, tobacco and firearms, adult content, unregistered charities, timeshares and psychic services.
Does Wallter offer cards?
Yes. Prepaid Mastercard business cards, virtual and physical, for existing clients. A card costs €25 to issue and €20 a month.
Alternatives
How Wallter compares.
If Wallter is not the right fit, these providers work with similar businesses. Compare their listed licences and services below.
| Provider | Licensed in | Known for |
|---|---|---|
 WallterThis pageE-money institution |  | High-risk industriesCrypto-friendly |
 BankeraPayment account provider | Not published | Crypto-friendlyHigh-risk industries |
 NexpayE-money institution | | Dedicated IBANCrypto and gaming |
 MistertangoE-money institution | | Non-residents acceptedHigh-risk industries |
 PaysetE-money institution |  | 35 currenciesHigh-risk industries |
Not sure which one fits? Your profile ranks them for your business, with the reason behind each.