Knowledgebase: 4. IBAN account
4.03. Why does Paysera use IBAN account numbers?

Paysera LT belongs to Single Euro Payments Area – SEPA and performs instant payments because it is a SEPA Instant member. These transfers (in EUR currency) are made by using IBAN type account number.

To receive or make transfers in other currency than EUR to/from countries outside the EU, clients should follow guidelines and instructions provided in the system.