CENTROlinkThe most strategic system in the Baltics: a central bank gives payment institutions and e-money institutions DIRECT access to SEPA (SCT, SCT Inst, TARGET, SWIFT) without a sponsor bank. That is the structural reason many European fintechs, including Revolut, set up in Lithuania. SEPA Request-to-Pay was added in the second half of 2025.Lietuvos bankas (Bank of Lithuania) · since 2016228.3 million payments worth €456 billion in 2023, 55% of them instant (Lietuvos bankas); the Bank of Lithuania claims about 58% of the European market for indirect SEPA participation by PIs and EMIs (secondary source)
Global registry · Europe · Northern Europe
Lithuania Payment systems
1 system listed.
This country doesn’t have a written market analysis yet: e-commerce shares, regulator, and key players are still to be documented. The systems below, however, are verified.
IBAN · Lithuania
20 charactersSEPA area287 bank codes150 BIC codes
- Total length
- 20 characters
- Bank code position
- 5–9
- BBAN structure
5!n11!n
Structurally valid example
LTcountry code12check digits10000bank11101001000account
LT12 1000 0111 0100 1000
Learn about this market. The guides and courses that cover it.
Merchant, acquirer, PSPPayment regulationCentral banks and payment infrastructuresAgents, distributors, and banking-as-a-service: who is liable for whatPayments in the BalkansPayments in the Baltics and FinlandAccepting payments in Germany, Austria, and SwitzerlandAccepting payments in Spain and PortugalChoosing a jurisdiction for your payment institutionAccepting payments in the Netherlands and BelgiumAccepting payments in the NordicsAccepting payments in Poland and Central Europe