Knowledgebase: 4. IBAN account
4.02. Usage of IBAN

IBAN standard is used in SEPA (Single Euro Payments Area) countries: all countries of the EU together with Norway, Iceland, Liechtenstein, Switzerland, San Marino and Monaco.

SEPA includes 34 countries where electronic transfers in euro are executed in compliance with uniform rules and payment standards.

The same transfer forms apply to Lithuania, therefore, internal and international transfers to SEPA countries are performed via IBAN account using the unified format for payment orders and account statements.