Bank Account and Payments

• personal, where a person opens the account in his/her own name;
• joint, where several persons, i.e. joint holders, open an account. This is especially convenient for a family. In the agreement you can select whether to manage the account together or separately;
• in the favour of a third party, where a person opens an account in his/her own name in the favour of a third party. Until the beneficiary contacts the Bank and expresses a will to manage the account, the person who opened it manages the account.

When opening an account at Danske Bank A/S Lithuania Branch, no account opening or service charges apply and no minimum account balance is required. You just need to drop by Danske Bank A/S Lithuania Branch and conclude a Bank Account Agreement. Remember to bring along any documents you'll need!

• Visit a customer service branch of Danske Bankas and bring a document proving your identity *. If you wish to open an account on behalf of another person, you must have a notarised power of attorney.
• If the account is to be opened for a minor under the age of 14, the following documents are required:
  • a personal identification document of the minor's parent (step – parent or guardian), the minor's birth certificate and personal identification document or a certificate issued by a school, municipal government or other institution (organisation) which specifies the minor's name, surname, date of birth, and a photograph of the minor certified with a stamp. If the minor is under the age of 7, only his/her birth certificate is required;
  • if the minor's parents (step-parents or guardians) intend to allow the minor limited use of the money in the bank account opened in his/her name – consent by the minor's parent (step-parent or guardian) regarding management of the bank account by a minor under the age of 14. This consent can only be given for minors over the age of 7
• If the account is to be opened for a minor over the age of 14, the following documents are required:
  • a personal identification document of the minor's parent (step-parent or guardian), the minor's birth certificate and personal identification document or a certificate issued by a school, municipal government or other institution (organisation) which specifies the minor's name, surname, date of birth, and a photograph of the minor certified with a stamp;
  • consent of the minor's parent (step-parent or guardian) regarding management of the bank account by the minor over the age of 14. No consent is required if the minor is married and presents documents proving this.

* Personal identification documents which can be used as proof of identity may be any of the following: a passport of the Republic of Lithuania, diplomatic or service passport, a passport of a foreign country, a personal identification card of the Republic of Lithuania, a personal identification card of another European Union Member State, a driverā€™s licence of the Republic of Lithuania bearing the driverā€™s signature and issued after 1 January 2003, a permit for temporary residence in the Republic of Lithuania, or a permit for permanent residence in the Republic of Lithuania.