Compare Monese vs IBS Lithuania

Prepay Technologies ltd Logo

Prepay Technologies ltd is an electronic money institution focused on digital banking and payment services. Prepay Technologies ltd offers virtual Euro IBAN accounts, virtual UK accounts, prepaid debit cards, travel money cards, gift cards, corporate cards to individuals, businesses. Incorporated in the United Kingdom, Prepay Technologies ltd is authorized and regulated by the Financial Conduct Authority. Prepay Technologies delivers its products and services to UK customers via its registered agent Monese Ltd (company number 8720992, FCA reference number 900188). Products and services listed below are offered by Monese Ltd.

UAB IBS Lithuania Logo

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 (coming soon) to private individuals, international businesses, financial institutions, merchants. 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
  • gift 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 (coming soon)
IBS Lithuania Clients
  • private individuals
  • international businesses
  • financial institutions
  • merchants

View IBS Lithuania Profile +

Compare Personal Accounts

Monese IBS Lithuania
CurrencyEUR, GBPEUR, USD, GBP
and 26 more
Payment Cardsphysical
virtual
physical
virtual
Personal IBAN available (GB IBAN) available (LT IBAN)
UK Account Number available not available
Customer GroupsEEA residentsEU residents
non-EU residents
Pricing Plans Starter
Plus
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.

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

IBS Personal Card (MasterCard) can be ordered together with Personal Current Account. Virtual cards are not available.

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

Personal IBANs assigned to Monese Current Account belong to the United Kingdom.

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 Starter, Plus, Premium.

  • Starter
  • 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
  • Fees apply to some top-ups and transfers
  • Open Account
  • Plus
  • offered to: EEA residents
  • Initial Fee 0.00 EUR
  • Monthly Fee 4.95 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
  • Reduced rates on top-ups and transfers
  • 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
  • No fees on top-ups or transfers
  • 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.