Send Money To Lithuania

Updated on September 13, 2020
Personal
Business
From
United States Flag
United States
USD
To
Lithuania Flag
Lithuania
EUR
1 USD equals
0.845 EUR
09/13/2020 5:19 PM UTC
 
How much to transfer?
$1-1k
$1k-10k
$10k +
Provider
Features
Fees
Score
Speed
Transfer Now
OFX Logo
  • Check Icon
    0.4% margin for new customers referred by iCompareFX
  • Check Icon
    Fee-free transfers
  • Check Icon
    Scheduled transfers
  • Check Icon
    Online and phone transfers
$
$
$

low

Fees
87
Speed Icon

medium

2-3 days

Less Information
+

Transfer Options

  • Bank transfer
  • Debit card (UK only)
  • BPAY (Australia only)
  • Direct debit (U.S. only)

Features

  • Check Icon
    0.4% margin for new customers referred by iCompareFX
  • Check Icon
    Fee-free transfers
  • Check Icon
    Scheduled transfers
  • Check Icon
    Online and phone transfers

Support

  • Phone
Support
Phone Icon
Phone
$
$
$

low

Fees
Speed Icon

medium

2-3 days

Best For

  • Circle Check Icon
    Pay no fees for personal transfers
  • Circle Check Icon
    Get competitive exchange rates
  • Circle Check Icon
    Lets you schedule transfers with ease
  • Circle Check Icon
    Trading in some currencies possible only over the phone
  • Circle Check Icon
    Website access only in English

TorFX Logo
  • Check Icon
    Fee-free transfers
  • Check Icon
    Scheduled transfers
  • Check Icon
    Forward contracts
  • Check Icon
    Limit and stop loss orders
  • Check Icon
    Travel money solutions for UK residents
$
$
$

low

Fees
72
Speed Icon

medium

2-3 days

Less Information
+

Transfer Options

  • Bank transfer
  • CHAPS (UK only)
  • BACS (UK only)
  • Visa debit card (UK only)

Features

  • Check Icon
    Fee-free transfers
  • Check Icon
    Scheduled transfers
  • Check Icon
    Forward contracts
  • Check Icon
    Limit and stop loss orders
  • Check Icon
    Travel money solutions for UK residents

Support

  • Phone
Support
Phone Icon
Phone
$
$
$

low

Fees
Speed Icon

medium

2-3 days

Best For

  • Circle Check Icon
    Pay no fees for one-off transfers
  • Circle Check Icon
    Schedule transfers between £500 and £10,000 per month
  • Circle Check Icon
    Use hedging tools to protect yourself against FX fluctuations
  • Circle Check Icon
    No multilingual website

XE Money Transfer Logo
  • Check Icon
    Fee-free transfers
  • Check Icon
    Competitive exchanges rates
  • Check Icon
    Limit orders
  • Check Icon
    Multilingual website and customer service
$
$
$

low

Fees
74
Speed Icon

medium

2-3 days

Less Information
+

Transfer Options

  • Bank Transfer
  • BPAY (Australia)

Features

  • Check Icon
    Fee-free transfers
  • Check Icon
    Competitive exchanges rates
  • Check Icon
    Limit orders
  • Check Icon
    Multilingual website and customer service

Support

  • Phone
Support
Phone Icon
Phone
$
$
$

low

Fees
Speed Icon

medium

2-3 days

Best For

  • Circle Check Icon
    No fees for personal transfers
  • Circle Check Icon
    Accepts payments in several currencies
  • Circle Check Icon
    Target specific rates using limit orders
  • Circle Check Icon
    No debit or credit card payments
  • Circle Check Icon
    No scheduled transfers

WorldRemit Logo
  • Check Icon
    Bank account transfers and cash transfers
  • Check Icon
    Mobile airtime and mobile wallets top up
  • Check Icon
    Home delivery of transferred funds
  • Check Icon
    Multicurrency WorldRemit Wallet
  • Check Icon
    Multilingual website
$
$
$

medium

Fees
63
Speed Icon

fast

1-2 days

Less Information
+

Transfer Options

  • Bank Transfer
  • Debit / Credit card
  • Google / Apply Pay
  • POLi (Australia)

Features

  • Check Icon
    Bank account transfers and cash transfers
  • Check Icon
    Mobile airtime and mobile wallets top up
  • Check Icon
    Home delivery of transferred funds
  • Check Icon
    Multicurrency WorldRemit Wallet
  • Check Icon
    Multilingual website

Support

  • Phone
Support
Phone Icon
Phone
$
$
$

medium

Fees
Speed Icon

fast

1-2 days

Best For

  • Circle Check Icon
    Transfers to cash pickup locations
  • Circle Check Icon
    Transparent rates and fees
  • Circle Check Icon
    Low minimum transfer amount
  • Circle Check Icon
    No hedging tools
  • Circle Check Icon
    No scheduled transfers

Payoneer Logo
    $
    $
    $

    high

    Fees
    71
    Speed Icon

    medium

    2-3 days

    Less Information
    +

    Transfer Options

    • Bank transfer
    • Debit card
    • Credit card
    • Bank debit

    Features

      Support

      • Phone
      Support
      Phone Icon
      Phone
      $
      $
      $

      high

      Fees
      Speed Icon

      medium

      2-3 days

      Best For


      Currencies Direct Logo
      • Check Icon
        Forward contracts and limit orders
      • Check Icon
        Scheduled transfers
      • Check Icon
        Travel money solutions for residents of the UK
      • Check Icon
        Multilingual website
      $
      $
      $

      low

      Fees
      84
      Speed Icon

      medium

      2-3 days

      Less Information
      +

      Transfer Options

      • Bank transfer
      • Debit card

      Features

      • Check Icon
        Forward contracts and limit orders
      • Check Icon
        Scheduled transfers
      • Check Icon
        Travel money solutions for residents of the UK
      • Check Icon
        Multilingual website

      Support

      • Phone
      Support
      Phone Icon
      Phone
      $
      $
      $

      low

      Fees
      Speed Icon

      medium

      2-3 days

      Best For

      • Circle Check Icon
        Schedule transfers easily
      • Circle Check Icon
        Make use of hedging tools
      • Circle Check Icon
        Accepts customers from most countries
      • Circle Check Icon
        Cannot sign up from all states in the U.S.

      TransferWise Logo
      • Check Icon
        Transparent fee structure
      • Check Icon
        Send money to email addresses
      • Check Icon
        Multicurrency account with debit card
      • Check Icon
        Multilingual website & app
      $
      $
      $

      low

      Fees
      75
      Speed Icon

      fast

      1-2 days

      Less Information
      +

      Transfer Options

      • Bank Transfer
      • Credit Card
      • Debit Card
      • Country specific alternatives

      Features

      • Check Icon
        Transparent fee structure
      • Check Icon
        Send money to email addresses
      • Check Icon
        Multicurrency account with debit card
      • Check Icon
        Multilingual website & app

      Support

      • Phone
      Support
      Phone Icon
      Phone
      $
      $
      $

      low

      Fees
      Speed Icon

      fast

      1-2 days

      Best For

      • Circle Check Icon
        User friendly mobile app
      • Circle Check Icon
        Multi-currency account
      • Circle Check Icon
        Travel debit card
      • Circle Check Icon
        No scheduled transfers
      • Circle Check Icon
        No dedicated account manager

      How to send money to Lithuania

      How To Step Icon
      Step 1
      Study the competition, register
      Study the competition, register
      Most of the prominent international money transfer companies give their customers the ability to send money to Lithuania. As a result, selecting the best alternative requires that you compare your options well.
      Once you choose a company, sign up as an individual or a business.
      The information you need to provide might include details from an acceptable form of identity document.
      How To Step Icon
      Step 2
      Assess exchange rates, set up your transfer
      Assess exchange rates, set up your transfer
      Find out if it is a suitable time to send money to Lithuania by examining the recent performance of EUR exchange rates.
      The first step in setting up your transfer is getting a rate quote from your service provider. The amount you wish to send might have an effect on the offered rate.
      If you accept the quote, your service provider locks the rate, and you get some time to send your payment across.
      This is when you need to provide the recipient's Lithuanian bank account details.
      How To Step Icon
      Step 3
      Making the payment, tracking the transfer
      Making the payment, tracking the transfer
      Payment methods tend to vary, and this essentially depends on your service provider and where you live. Make your payment using any of the methods on offer.
      Your service provider will transfer money to Lithuania once it gets your payment. You get to know of the estimated turnaround time in advance.
      Tracking your transfer is typically easy - either through email/text notifications or by checking your service provider's website/app.

      Currency Symbol and Swift Codes

      What currency is used in Lithuania? The Lithuanian litas (LTL) served as the currency of Lithuania until January 2015, when it was replaced by the euro (EUR). While the transition from the litas to the euro was due to take place in January 2007, the process was delayed because of the economic crisis coupled with high inflation.

      When sending money to a Lithuanian bank account, you will need o the bank’s SWIFT code. Here are SWIFT codes of some popular bank in Lithuania.

      BANKBRANCHSWIFT CODE
      SEB BankVilniusCBVILT2XXXX
      Swedbank ABVilniusHABALT22XXX
      Luminor Bank ABVilniusAGBLLT2XXXX
      Siauliu Bankas ABSiauliaiCBSBLT26XXX

       

      Case Study

      Arnas had been out of work for around six months and was having trouble keeping up with his finances. As a result, he decided to ask his brother Lukas, who lived in the UK, for some monetary help. Lukas was more than willing to send him some money and they figured that around £3,000 would do the trick.

      While Lukas could use the services of various banks in the UK, he decided to compare them with some specialist money transfer companies. The corresponding table shows you how the best from both realms fared against each other.

       BANKMONEY TRANSFER SERVICE
      Exchange rateGBP 1 = EUR 1.0718GBP 1 = EUR 1.1205
      Transfer feeGBP 18GBP 0
      Amount received for GBP 3,000EUR 3,196.11EUR 3,361.50
      Transfer time2 to 5 days1 to 2 days
      Transfer optionsBank accountBank account
      Difference of EUR 165.39

      By selecting the money transfer company over the bank, Lukas ensured that Arnas received a little extra money. Besides, the money got to Arnas sooner that it would have had Lukas used the bank.

       

      Cash Pickup Locations in Lithuania

      If you want to send money to Lithuania in a hurry you may consider transferring it to a cash pickup center. Some of the poplar companies that have agent networks in Lithuania include MoneyGram, Western Union, and Ria.

      MONEYGRAM IN LITHUANIA 
      Vilnius Top Exchange Gedimino Pr 9 VilniusMedicinos Bankas Pamenkalnio G 40 Vilnius
      Kaunas Medicinos Bankas K. Donelaicio G 76 KaunasSiauliu Bankas Laisves Maironio G St.80-26 Kaunas
      WESTERN UNION IN LITHUANIA 
      Vilnius Paypost 530 Gedimino Pr 7 VilniusCurrexprime Currency Exchange Mindaugo Str 11 Sm Maxima Xxx Vilnius
      Kaunas Kauno Centrinis Pastas Laisves Aleja 102 KaunasPaypost 902 Varniu G Pc Iki Kaunas

       

      Safety Tips for Picking Up Cash in Lithuania

      While crime levels in Lithuania are typically low, there have been instances of violent crimes such as muggings. Petty crimes such as bag snatching and pickpocketing tend to take place in crowded bars and restaurants as well as on public transportation. Remain vigilant around the Vilnius train station and when using public transportation, especially if approached by a group of strangers seeking help.

      Foreigners may be targeted in thinly populated areas after dark. Do not leave your handbags or coats unattended in clubs, pubs, and bars. Do not leave your food or drink unattended, and do not accept food or drinks from strangers. Do not leave your belongings in parked vehicles, and park your vehicle in secure areas when possible.

       

      What Information Do I Need to Transfer Money to Lithuania?

      The information you need to send money to Lithuania depends on the transfer method you select.

      • Transfer to bank account. You will need the recipient’s complete name and bank account number as well as the receiving bank’s name and SWIFT code.
      • Transfer to cash pickup center. The information you need includes the recipient’s complete name and the location of a suitable cash pickup center. To collect the transferred money, the recipient will need to present an acceptable for of photo ID along with a transaction or reference

       

      Regulations When Transferring Money To and From Lithuania

      As part of the European Union, Lithuania does not have its own currency regulations. The Bank of Lithuania is responsible for overseeing the country’s payment systems and the country follows the single monetary policy set by the European Central Bank (ECB). There are no restrictions on moving money in and out of Lithuania. However, any transfer over €10,000 is declared to the relevant European Union authorities.

      Convert USD to EUR

      Check out the historical exchange rates for the last thirty days. Learn how much you can save by using a global money transfer company instead of the big banks.
      USD
      EUR
      Sending money online through specialist money transfer companies.

      Expect to receive between €83.61 and €84.12 when sending money from USD to EUR at today's exchange rate.

      Compare that to sending money overseas through retail banks. Expect to receive approximately €80.23, not including additional banking fees. That is an average saving of €3.63.
      Currency exchange rate in the last 30 days

      Need more information?

      Read useful guides on international remittance and more detailed reviews on the best money transfer services.

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