Cumulative accounts can be opened for companies in the following countries: Lithuania, Latvia, Bulgaria, Sweden, Estonia, and in some cases – Germany.
The fee is payable only once for document review before the establishment of the relations and does not depend on a positive outcome.
Opening of a cumulative account is free of charge, except for:
1) Swedish companies. The fee is 10 EUR;
2) Bulgarian and Latvian companies. The fees are the following:
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10 EUR for Bulgarian/Latvian citizens and/or companies – when the director(s) and/or shareholder(s) (individuals and companies) are from Bulgaria/Latvia.
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70 EUR for EU/EEA citizens and companies – when the director(s) and/or shareholder(s) (individuals and companies) are from EU/EEA countries.
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150 EUR for non EU/EEA citizens and companies – when the director(s) and/or shareholder(s) (individuals and companies) are NOT from EU/EEA countries.
The funds of the authorised capital can be transferred or deposited in cash to the cumulative account (at the Paysera Client Service Centre at Pilaitės pr. 16, Vilnius).
Before opening a cumulative account, an agreement must be signed with the client.
If you are citizen of Russia or Belarus, it is necessary to provide us a Residence Permit or Visa D issued in one of the countries accepted by Paysera.
Cumulative accounts are opened for one purpose only: the accumulation of authorised capital, therefore only funds intended for this purpose can be deposited/transferred into these accounts. No other funds can be transferred to the cumulative account, and no transfers or any other kind of payments can be made.