Bank Account and Payments

Do you have settlement accounts at several Lithuanian banks? We offer you a service that ensures the shortest and cheapest way of transfer to your company’s account.

Payments between different banks are more expensive, you have to pay a fee for crediting money to your account, and a certain amount of time (up to 1 day) has to pass before money is credited to your account. The Optimum Payment service is for identifying payments that are made by means of Danske eBank to your bank accounts at other banks and for directing such payments to the shortest path—to your account at Danske Bankas.

Example: Company A provides services to users. In its invoices, company A indicates accounts at several banks to which users of its service can transfer payments for the services provided. In order to pay for the services provided, user B makes a payment transfer via Danske eBank and enters company A’s account at a bank other than Danske Bankas. The system establishes that the payment is intended for company A and suggests directing the payment to company A’s account at Danske Bankas.

If user B agrees to direct the payment, the transfer is carried out immediately, user B pays less for it, and company A does not have to pay any fee to credit money to its account.

Why is the Optimum Payment service useful?

Crediting money to a bank account does not cost anything for the payment recipient because the redirected payment is deemed as payment within Danske Bankas. Furthermore, the payment is credited immediately (delays are possible during system maintenance work).

The service allows the payment sender to save money: instead of the fee for transfer to another bank, the fee for transfer within Danske Bankas is charged. The payment is carried out immediately.

How does the Optimum Payment service work?

The service applies to transfers made by Danske eBank in Lithuania, transfer preparations in Lithuania, and transfer import.

An Optimum Payment service agreement is signed with the payment recipient (company). The payment sender making a transfer via Danske eBank is proposed to direct payments to the recipient’s account at Danske Bankas. If the sender agrees, the payment is directed to the shortest path.