International money transfers
International Money Transfer is payment of money to the payee's account with a foreign bank. Money can be transferred abroad in major global currencies of Ūkio bankas correspondent accounts.
Depending on the payment system’s specificity, the process of crediting funds to the beneficiary’s bank may take one additional day after the funds have been debited.
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How to make an international payment?
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International money transfer is performed after filling in an International Payment Instruction and submitting it to the bank officer. International payment instruction may be submitted:
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When will the payee abroad receive the money?
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Funds in foreign currency shall be debited from the bank account and credited to the beneficiary’s bank account or correspondent bank account:
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EUR urgent payment order – on the same working day of the Bank;
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other EEA currency payment order and EUR standard payment order – not later than the next Banking day;
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other currency payment order:
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standard payment order – after 2 Bank’s working days;
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urgent payment order – on the next working day of the Bank;
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very urgent payment order in USD – on the same working day of the Bank.
Depending on the payment system’s specificity, the process of crediting funds to the beneficiary’s bank may take one additional day after the funds have been debited.
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How to receive money remitted from abroad to my account?
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To receive money from abroad to your account with Ūkio bankas you should furnish the payer with the following information:
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Name of the payee's bank (i. e. Ūkio bankas), the country and SWIFT code:
Ukio bankas
Lithuania
UKIOLT2X
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Exact name and SWIFT code of Ūkio bankas Correspondent bank. Choose the Correspondent bank from the list by the currency of the payment.
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Your name, surname, address or name and address of your company;
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Number of your bank account with Ūkio bankas (IBAN) consisting of 20 symbols.
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How much does international money transfer cost?
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International money transfer fee depends on the payer of commission fee:
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OUR – all fees (Ūkio bankas and intermediary banks) are paid by the payer, i. e. you.
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SHA – You pay Ūkio bankas fees and intermediary bank fees are paid by the payee. If rules of foreign banks do not provide for debiting commission fee to the payee's account (or amount of transfer), the fee shall be debited to your account.
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BEN – all fees (Ūkio bankas and intermediary banks) are paid by the payee. Only the transfer amount is debited to your account. If the fee cannot be debited to the payee's account (or charged to the transfer amount) due to legal restrictions, amount of transferred funds (transfer amount is equal or less than the fee amount) or rules of foreign banks, the fee shall be debited to your account.
Latest Ūkio bankas fees for international money transfer.
Should you have questions on international money transfers, please contact your nearest Ūkio bankas Branch or Client Service Unit or send us an inquiry via the Internet.
