Edited by Alexander Malygin
Updated on: 25 May, 2022
Electronic Money Institution
UAB SatchelPay is an electronic money institution focused on facilitating global payment transactions. UAB SatchelPay offers virtual personal IBAN accounts, virtual business IBAN accounts, merchant accounts with IBAN, physical prepaid cards, virtual prepaid cards, currency exchange, international payments, software development, white-label solutions, white-label card issuing to private individuals, international businesses, financial institutions, online merchants, legal entities, entrepreneurs.
Monthly Maintenance Fee
(United States dollar)
(New Zealand dollar)
(Hong Kong dollar)
(Israeli new sheqel)
(South African rand)
(United Arab Emirates dirham)
Documents needed: 1. Application form (must be filled online).
High-quality colored scan copy of the business owner’s passport. The scan of the ID (front and back) will be accepted only for citizens or residents of the EU or the EEA.
Proof of address (any utility bill issued not earlier than 90 days prior to the application form submission)/ bank reference letter/ bank statement translated into English or Lithuanian.
Detailed business description: Source of funds; Website; The nature of incoming and outgoing transfers; Which countries are you going to work with? Marketing materials ( business cards, brochures, presentations etc.).
Corporate documents: Certificate of Incorporation; Memorandum and Articles of Association; Appointment of directors and shareholders; Certificate of Good Standing/Incumbency (for companies older than 1 year); Any other relevant corporate documents depending on the country of registration.
Supporting documents on clients/suppliers (invoices, contracts, draft contracts).
Documents with supporting information about initial funding (if the first transfer has been made from a bank, a bank statement is needed; if first transfer has been made from a partner, an invoice or a contract is needed).
Verification through the Onfido solution.
SWIFT transactions in 38 currencies
Banking as a service
Software as a service
White label cards
(British Indian Ocean Territory)
(United States Minor Outlying Islands)
(Virgin Islands (U.S.))
(Central African Republic)
(Cocos (Keeling) Islands)
(French Southern Territories)
(Heard Island and McDonald Islands)
(Lao People's Democratic Republic)
(North Korea (DPRK))
(Northern Mariana Islands)
(Palestine, State of)
(Papua New Guinea)
(Republic of Kosovo)
(Saint Helena, Ascension and Tristan da Cunha)
(Saint Pierre and Miquelon)
(Sao Tome and Principe)
(South Georgia and the South Sandwich Islands)
(Svalbard and Jan Mayen)
(Syrian Arab Republic)
(Trinidad and Tobago)
(Turks and Caicos Islands)
(Wallis and Futuna)
very fast, very nice awesome communication. thanks Satchel
happy to see you bank in game
Merci a vous pour les services de qualiter
Finscanner is an independent digital platform aiming to provide up-to-date access to worldwide financial services to improve customer experience and boost transactions.
On this page, you can see a detailed review of UAB SatchelPay Payment systems with reviews from real users and our experts. UAB SatchelPay provides the following services: Agreggated Account, Multi-currency Account, SEPA Transactions, SWIFT Transactions, API integration, B2C Accounts, C2B Accounts, Card Programs, Debit cards, Debit cards (virtual), Prepaid cards, White label, Dedicated SWIFT IBAN, Two-Factor Authentication (2FA), Legal Advisory, Crypto-friendly Account.
At the moment, UAB SatchelPay rating on Finscanner is 4 and on Trustpilot is 3.9.