Compare Revolut vs IBS Lithuania

Revolut Ltd Logo
Trustpilot Rating
Reviews 62,314 | Excellent
 (4.6)

Revolut Ltd is an electronic money institution focused on offering banking services. Revolut Ltd offers UK current accounts, EURO current accounts with IBAN, prepaid cards, virtual prepaid cards, cryptocurrency exchange, cryptocurrency transfers between Revolut users to individuals, businesses. Incorporated in the United Kingdom, Revolut Ltd is authorized and regulated by the Financial Conduct Authority.

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.

Revolut Business Focus
offering banking services
Revolut Products
  • UK current accounts
  • EURO current accounts with IBAN
  • prepaid cards
  • virtual prepaid cards
Revolut Services
  • cryptocurrency exchange
  • cryptocurrency transfers between Revolut users
Revolut Clients
  • individuals
  • businesses

View Revolut 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

Revolut IBS Lithuania
CurrencyUSD, GBP, EUR
and 26 more
EUR, 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 Groupsall countriesEU residents
non-EU residents
Pricing Plans Standard
Premium
Metal
EU
non-EU
Open Account Open Account
 

Currency

Revolut

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

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

Revolut

Revolut Personal Card can be ordered together with Personal Current Account.

IBS Lithuania

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

Personal IBAN

Revolut

  • 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

Revolut

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

IBS Lithuania

Personal IBANs assigned to Personal Current Account belong to Lithuania.

Pricing Plans

Revolut

Personal Current Account is offered with several pricing plans for different customer groups, namely Standard, Premium, Metal.

  • Standard
  • offered to: all countries
  • Monthly Fee 0.00 EUR
  • Free UK account
  • Free Euro IBAN account
  • Spend in over 150 currencies at the interbank exchange rate
  • No fee exchange in 30 fiat currencies up to €6,000 per month
  • No fee ATM withdrawals up to €200 per month
  • Open Account
  • Premium
  • offered to: all countries
  • Monthly Fee 7.99 EUR
  • Free UK account
  • Free Euro IBAN account
  • Spend in over 150 currencies at the interbank exchange rate
  • Unlimited exchange in 30 fiat currencies - no monthly limit
  • No fee ATM withdrawals up to €400 per month
  • Instant access to 5 cryptocurrencies
  • Premium card with exclusive designs
  • Disposable virtual cards
  • Open Account
  • Metal
  • offered to: all countries
  • Monthly Fee 13.99 EUR
  • Free UK account
  • Free Euro IBAN account
  • Spend in over 150 currencies at the interbank exchange rate
  • Unlimited exchange in 30 fiat currencies - no monthly limit
  • No fee ATM withdrawals up to €600 per month
  • Instant access to 5 cryptocurrencies
  • Exclusive Revolut Metal card
  • Disposable virtual cards
  • 0.1% cashback within Europe and 1% outside Europe on all card payments
  • 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 Revolut Account

Opening Personal Account
1.
Provide your details online
2.
Upload your proof of identity
3.
Account is ready to use in a few minutes
Revolut Personal Accounts are available to residents of all countries except for several sanctioned countries and territories.
Proof of Identity. To verify his/her identity, a private customer should take a picture of a valid government-issued ID and a picture of him/her-self.
Identity Verification. Revolut doesn't require a customer to verify his/her identity when opening an account, however to activate a Revolut card, the customer will have to verify his/her identity. Revolut will ask to submit a government-issued photo ID, a selfie, and sometimes a proof of your residency. The whole process normally takes less than 5 minutes.
Other Documents. Revolut doesn't require a proof of address, however upon reaching a certain account balance, the account holder will be asked about proof of funds.


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.


Compare Business Accounts

Revolut IBS Lithuania
CurrencyUSD, GBP, EUR
and 26 more
EUR, 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, SwitzerlandEU based
non-EU based
Pricing Plans Free
Grow
Scale
Enterprise
EU
non-EU
Open Account Open Account
 

Currency

Revolut

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

IBS Lithuania

Business 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

Revolut

Revolut Business Card can be ordered together with Business Current Account.

IBS Lithuania

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

Personal IBAN

Revolut

  • 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

Revolut

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

IBS Lithuania

Personal IBANs assigned to Business Current Account belong to Lithuania.

Pricing Plans

Revolut

Business Current Account is offered with several pricing plans for different customer groups, namely Free, Grow, Scale, Enterprise.

  • Free
  • offered to: EEA, Switzerland
  • Monthly Fee 0.00 EUR
  • 2 free team members; €5 per user per month above free allowance
  • 5 free local transfers; €0.2 per transfer above free allowance
  • 0 free international transfers; €3 per transfer above free allowance
  • €0.00 allowance of FX at the real rate; 0.4% markup on FX above free allowance
  • Hold and exchange 28 currencies
  • Local accounts in GBP and EUR
  • IBAN for global transfers
  • Prepaid debit cards
  • Virtual cards
  • Open Account
  • Grow
  • offered to: EEA, Switzerland
  • Monthly Fee 25.00 EUR
  • 10 free team members; €5 per user per month above free allowance
  • 100 free local transfers; €0.2 per transfer above free allowance
  • 10 free international transfers; €3 per transfer above free allowance
  • €10,000.00 allowance of FX at the real rate; 0.4% markup on FX above free allowance
  • Hold and exchange 28 currencies
  • Local accounts in GBP and EUR
  • IBAN for global transfers
  • Prepaid debit cards
  • Virtual cards
  • Priority 24/7 support
  • Bulk payments
  • Expense management
  • Open Account
  • Scale
  • offered to: EEA, Switzerland
  • Monthly Fee 100.00 EUR
  • 30 free team members; €5 per user per month above free allowance
  • 1000 free local transfers; €0.2 per transfer above free allowance
  • 50 free international transfers; €3 per transfer above free allowance
  • €50,000.00 allowance of FX at the real rate; 0.4% markup on FX above free allowance
  • Hold and exchange 28 currencies
  • Local accounts in GBP and EUR
  • IBAN for global transfers
  • Prepaid debit cards
  • Virtual cards
  • Priority 24/7 support
  • Bulk payments
  • Expense management
  • Open Account
  • Enterprise
  • offered to: EEA, Switzerland
  • Monthly Fee 1000.00 EUR
  • ∞ free team members
  • ∞ free local transfers
  • ∞ free international transfers
  • ∞ allowance of FX at the real rate
  • Hold and exchange 28 currencies
  • Local accounts in GBP and EUR
  • IBAN for global transfers
  • Prepaid debit cards
  • Virtual cards
  • Priority 24/7 support
  • Bulk payments
  • Expense management
  • Open Account

IBS Lithuania

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

  • EU
  • offered to: EU based
  • Initial Fee 50.00 EUR
  • Monthly Fee 10.00 EUR
  • Closing Fee 0.00 EUR
  • SEPA Outgoing 2.00 EUR
  • SEPA Incoming 1.00 EUR
  • SWIFT Outgoing 30.00 EUR
  • SWIFT Incoming 10.00 EUR
  • Open Account
  • non-EU
  • offered to: non-EU based
  • Initial Fee 200.00 EUR
  • Monthly Fee 50.00 EUR
  • Closing Fee 0.00 EUR
  • SEPA Outgoing 5.00 EUR
  • SEPA Incoming 3.00 EUR
  • SWIFT Outgoing 50.00 EUR
  • SWIFT Incoming 15.00 EUR
  • Open Account

How to Open Revolut Account

Opening Business Account
1.
Provide your details online
2.
Upload your proof of identity
3.
Upload your company details
4.
Upload your proof of operating address
5.
Account is ready to use in 1-7 days
Revolut Business Accounts are available to companies registered and having physical presence in the EEA and Switzerland.
Company Details. A client needs to fill an application form online (including documents for a normal personal account, incorporation details of the company, a short description of the company and its directors and primary shareholders).
Proof of Operating Address. Physical presence in the EEA or Switzerland is an essential prerequisite for opening a Revolut account. Revolut accepts, for example, the following documents as such a proof: rental agreement for the office, utility bills, Employee payslip with proof of the employee's address.
The application is put into a waiting queue, and Revolut's team will contact the customer back to clarify additional details.
It usually takes between 1-7 days to open a business account.


How to Open IBS Lithuania Account

Opening Business Account
1.
Provide your details online
2.
Upload your corporate KYC document package
3.
Upload your proof of address
4.
Upload your proof of identity
5.
Pass video authentication
6.
Account is ready to use in up to 3 business days
Proof of Identify. Copies of passports of all ultimate beneficial owners and representative are required.
Proof of Address. Utility bills or bank statements of all ultimate beneficial owners and representative are required.
Corporate Documents. IBS Lithuania requires trade register reference, certificate of incorporation, corporate bank statement, organizational chart showing ultimate beneficial owners.
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.