Compare MONESE vs IBS Lithuania

MONESE LTD Logo
Trustpilot Rating
Reviews 16,335 | Good
 (4.2)

MONESE LTD is an electronic money institution focused on digital banking and payment services. MONESE LTD offers virtual Euro IBAN accounts, virtual UK accounts, prepaid debit cards, travel money cards, corporate cards to individuals, businesses. In 2018 MONESE LTD had total assets of 20.98 mln GBP, MONESE LTD generated net income of -12,502,270.00 GBP. Incorporated in the United Kingdom, MONESE LTD is authorized and regulated by the Financial Conduct Authority.

UAB IBS Lithuania Logo
Trustpilot Rating
Reviews 1 | Average
 (3.7)

UAB IBS Lithuania is an electronic money institution focused on digital banking services between Europe and China. UAB IBS Lithuania offers virtual personal IBAN accounts, virtual business IBAN accounts, merchant accounts with IBAN, physical prepaid cards (coming soon), virtual prepaid cards (coming soon), SEPA transfers, SWIFT transfers, international payments, currency exchange, customer payments processing, Alipay, WeChat Pay and UnionPay international acquiring solutions to private individuals, international businesses, financial institutions, merchants. In 2019 UAB IBS Lithuania had total customer funds to be safeguarded of 3.08 mln EUR, UAB IBS Lithuania generated gross profit of 224,000.00 EUR. Incorporated in Lithuania, UAB IBS Lithuania is authorized and regulated by the Bank of Lithuania.

MONESE Business Focus
digital banking and payment services
MONESE Products
  • virtual Euro IBAN accounts
  • virtual UK accounts
  • prepaid debit cards
  • travel money cards
  • corporate cards
MONESE Clients
  • individuals
  • businesses

View MONESE Profile +

IBS Lithuania Business Focus
digital banking services between Europe and China
IBS Lithuania Products
  • virtual personal IBAN accounts
  • virtual business IBAN accounts
  • merchant accounts with IBAN
  • physical prepaid cards (coming soon)
  • virtual prepaid cards (coming soon)
IBS Lithuania Services
  • SEPA transfers
  • SWIFT transfers
  • international payments
  • currency exchange
  • customer payments processing
  • Alipay, WeChat Pay and UnionPay international acquiring solutions
IBS Lithuania Clients
  • private individuals
  • international businesses
  • financial institutions
  • merchants

View IBS Lithuania Profile +

Compare Personal Accounts

MONESE IBS Lithuania
CurrencyEUR, GBP, RONEUR, USD, GBP
and 26 more
Payment Cards physical
virtual
physical
virtual
Personal IBAN available (GB, BE IBAN) available (LT IBAN)
UK Account Number available not available
Customer GroupsEEA residentsEU residents
non-EU residents
Pricing Plans Simple
Classic
Premium
EU
non-EU
Open Account Open Account
 

Currency

MONESE

Monese Current Account is a multi-currency account, allowing the account holder to have funds in EUR, GBP, RON.

IBS Lithuania

Personal Current Account is a multi-currency account, allowing the account holder to have funds in EUR, USD, GBP, HKD, CNY, RUB, DKK, PLN, CZK, NOK, SEK, AUD, CHF, JPY, AED, CAD, HUF, RON, BGN, TRY, KZT, NZD, INR, ILS, MXN, ZAR, SGD, BYN, THB.

Payment Cards

MONESE

Monese Debit Card (MasterCard) can be ordered together with Monese Current Account.

IBS Lithuania

Payment cards are not offered together with Personal Current Account.

International Transfers

MONESE

  • SWIFT Transfers

IBS Lithuania

  • SWIFT Transfers
  • SEPA Credit Transfers

Personal IBAN

MONESE

  • available for verified customers
  • appears automatically for EUR balances
  • UK sort code and account number available for GBP balances

IBS Lithuania

  • available for verified customers
  • appears automatically for EUR balances

IBAN Countries

MONESE

Individual IBANs assigned to Monese current accounts belong to:

  • Belgium for EUR balances;
  • the United Kingdom for GBP balances;

IBS Lithuania

Personal IBANs assigned to Personal Current Account belong to Lithuania.

Pricing Plans

MONESE

Monese Current Account is offered with several pricing plans for different customer groups, namely Simple, Classic, Premium.

  • Simple
  • offered to: EEA residents
  • Initial Fee 0.00 EUR
  • Monthly Fee 0.00 EUR
  • Closing Fee 0.00 EUR
  • SEPA Outgoing 0.00 EUR
  • SEPA Incoming 0.00 EUR
  • SWIFT Outgoing 0.00 EUR
  • SWIFT Incoming 0.00 EUR
  • A full current account for no monthly cost
  • Free contactless card, £4.95 for delivery
  • ATMs & cash top-ups, £200 free
  • Open Account
  • Classic
  • offered to: EEA residents
  • Initial Fee 0.00 EUR
  • Monthly Fee 5.95 EUR
  • Closing Fee 0.00 EUR
  • SEPA Outgoing 0.00 EUR
  • SEPA Incoming 0.00 EUR
  • SWIFT Outgoing 0.00 EUR
  • SWIFT Incoming 0.00 EUR
  • Fixed monthly fee
  • Free contactless card, free delivery
  • ATMs & cash top-ups, £9000 free
  • Open Account
  • Premium
  • offered to: EEA residents
  • Initial Fee 0.00 EUR
  • Monthly Fee 14.95 EUR
  • Closing Fee 0.00 EUR
  • SEPA Outgoing 0.00 EUR
  • SEPA Incoming 0.00 EUR
  • SWIFT Outgoing 0.00 EUR
  • SWIFT Incoming 0.00 EUR
  • Unlimited withdrawals
  • Free contactless card, free delivery
  • Fee-free ATM withdrawals and cash top-ups
  • Open Account

IBS Lithuania

Personal Current Account is offered with several pricing plans for different customer groups, namely EU, non-EU.

  • EU
  • offered to: EU residents
  • Initial Fee 0.00 EUR
  • Monthly Fee 5.00 EUR
  • Closing Fee 0.00 EUR
  • SEPA Outgoing 1.00 EUR
  • SEPA Incoming 0.00 EUR
  • SWIFT Outgoing 30.00 EUR
  • SWIFT Incoming 5.00 EUR
  • Open Account
  • non-EU
  • offered to: non-EU residents
  • Initial Fee 50.00 EUR
  • Monthly Fee 30.00 EUR
  • Closing Fee 0.00 EUR
  • SEPA Outgoing 5.00 EUR
  • SEPA Incoming 2.00 EUR
  • SWIFT Outgoing 50.00 EUR
  • SWIFT Incoming 10.00 EUR
  • Open Account

How to Open MONESE Account

Opening Monese Current Account
1.
Provide your details online
2.
Upload your proof of identity
3.
Pass video authentication
4.
Account is ready to use in a few minutes
Monese Accounts are available to private individuals, residents of the EEA.
Proof of Identity. Depending of the client's country, MONESE accepts the following documents: passport, national ID card, driving license, residence card.
Identity Verification. Monese requires to take a video selfie using Monese application.
Monese doesn't require to provide either local proof of address documents or credit score documents. However, a proof of address can be used as an identity verification instead of the video selfie.


How to Open IBS Lithuania Account

Opening Personal Account
1.
Provide your details online
2.
Upload your proof of address
3.
Upload your proof of identity
4.
Pass video authentication
5.
Account is ready to use in a few minutes
Proof of Address. These documents are accepted as a proof of address: utility bill, bank statement.
Proof of Identity. IBS Lithuania accepts copies of passports; however for Chinese residents both copies of ID Card and Passport are mandatory.
After completing the registration form, IBS Lithuania team will review the registration form and will send an email to the indicated email address with the invitation to the video call in order verify customer's identity.