Bank Account and Payments

Standing orders – are payment orders regularly executed by the bank in accordance with the conditions established in an agreement with the client. This is convenient for those who perform regular payments to the same company or person. International and domestic standing orders are available. The terms for acceptance and processing of payment orders apply to standing domestic orders and the terms for acceptance and processing of international payment orders apply to international standing orders

• It is unnecessary each time to go to the bank - the funds from your bank account will automatically be transferred to the beneficiary;
• You'll be able to not worry about regular invoice payments since your payments will always be executed at the time precisely indicated;
• At Danske Bank A/S Lithuania Branch you'll be able to create the payment plan most convenience for you.

• When it is necessary to pay insurance premiums;
• To pay leasing payments;
• To repay a credit in even instalments;
• To replenish another bank account or transfer money into a deposit account;
• To pay for a lease or other services.

When concluding a standing order agreement, you can select the amount of payment, establish the frequency of the payments, and to indicate the period the agreement is in effect.

The payment amount transferred to the beneficiary can be:

• A constant amount;
• The entire balance in the account on the indicated payment day;
• The entire amount, which is in excess of the minimum balance indicated in the agreement, which minimum must remain in the account after the transfer of funds to the beneficiary has been executed.

Different frequencies can be established:

• Indicating the months of the year (every month, every other month, every quarter or indicating the individual months);
• Indicating the day of the month (every day or indicating the individual days of the month);
• Indicating the weeks of the month (every week, every day of the week or indicating the individual days of the week).

In a standing order agreement, you can select a period of from 1 month to 10 years. If necessary, you can always cancel the payments. A separate regular payment agreement is concluded for each payment beneficiary.

• Drop by the Danske Bank A/S Lithuania Branch Customer Service Department;
• If you still do not have an account at Danske Bank A/S Lithuania Branch, open a bank account. We'll open the bank account free of charge;
• Conclude a standing order agreement.