ConnectPay
EEA companies that need LT IBANs, SEPA/SWIFT payments, 80+ currencies, cards and API-based payment infrastructure.
About ConnectPay
ConnectPay is a Lithuanian electronic money institution offering business accounts, LT IBANs, SEPA and SWIFT payments, multi-currency capabilities, cards and API-based payment infrastructure for EEA companies.
It is a stronger fit for businesses that need international payments or payment infrastructure rather than a traditional branch-based banking relationship. Pricing depends on the company’s profile and risk tier, so the final cost can differ materially between a standard EEA business and a more complex or higher-risk setup.
ConnectPay supports remote onboarding and provides safeguarded payment-account services rather than a conventional bank deposit product. For Estonian and e-resident companies, acceptance remains conditional on the business model, ownership and compliance review.
Key limitations
Companies looking for a traditional bank relationship or very simple consumer-style pricing.
How the account works
Finance workflow
conditional
yes
Yes
How customer funds are protected
Licensed Lithuanian Electronic Money Institution; customer funds are safeguarded rather than covered by a standard bank deposit guarantee.
Not sure if ConnectPay is the right fit?
Compare providers side by side and choose the setup that matches your business.