Trustcom Financial UAB

Trustcom Financial UAB Logo
Trustpilot Rating
Reviews 22 | Excellent
 (4.3)
Business Focus
providing current accounts with low maintenance costs

Trustcom Financial UAB is an electronic money institution focused on providing current accounts with low maintenance costs. Trustcom Financial UAB offers virtual personal IBAN accounts, virtual business IBAN accounts to individuals, businesses. In 2019 Trustcom Financial UAB had total customer funds to be safeguarded of 19.85 mln EUR, Trustcom Financial UAB generated gross profit of 927,000.00 EUR. Incorporated in Lithuania, Trustcom Financial UAB is authorized and regulated by the Bank of Lithuania.

Products
  • virtual personal IBAN accounts
  • virtual business IBAN accounts
Clients
  • individuals
  • businesses

Personal Account

Payment Cards
physical
virtual
Personal IBAN
available
UK Account Number
not available
Customer Groups
Basic
Standard
Premium
Pricing Plans
Basic
Standard
Premium
Payment Cards

A payment card can be ordered together with Personal Account. Virtual cards are not available.

Personal IBAN vs EMI Banking Details
While Trustcom Financial uses an account holder's personal IBAN for some operations, Trustcom Financial's own banking details are used for the others.

Pricing Plans

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

  • Basic
  • offered to: Basic
  • Monthly Fee 5.00 EUR
  • SEPA Outgoing 2.00 EUR
  • SWIFT Outgoing 2.00 EUR
  • Standard
  • offered to: Standard
  • Monthly Fee 10.00 EUR
  • SEPA Outgoing 2.00 EUR
  • SWIFT Outgoing 2.00 EUR
  • Premium
  • offered to: Premium
  • Monthly Fee 20.00 EUR
  • SEPA Outgoing 2.00 EUR
  • SWIFT Outgoing 2.00 EUR

Alternatives to Trustcom Financial Personal Account

See Also

Business Account

Business Account
Payment Cards
physical
virtual
Personal IBAN
available
Customer Groups
Basic
Standard
Premium
Ultra UE
Pricing Plans
Basic
Standard
Premium
Ultra UE
Payment Cards

A payment card can be ordered together with Business Account. Virtual cards are not available.

Personal IBAN vs EMI Banking Details
While Trustcom Financial uses an account holder's personal IBAN for some operations, Trustcom Financial's own banking details are used for the others.

Pricing Plans

Business Account is offered with several pricing plans for different customer groups, namely Basic, Standard, Premium, Ultra UE.

  • Basic
  • offered to: Basic
  • Initial Fee 150.00 EUR
  • Monthly Fee 20.00 EUR
  • SEPA Outgoing 4.00 EUR
  • SWIFT Outgoing 4.00 EUR
  • Standard
  • offered to: Standard
  • Initial Fee 150.00 EUR
  • Monthly Fee 40.00 EUR
  • SEPA Outgoing 4.00 EUR
  • SWIFT Outgoing 4.00 EUR
  • Premium
  • offered to: Premium
  • Initial Fee 150.00 EUR
  • Monthly Fee 80.00 EUR
  • SEPA Outgoing 4.00 EUR
  • SWIFT Outgoing 4.00 EUR
  • Ultra UE
  • offered to: Ultra UE
  • Initial Fee 600.00 EUR
  • Monthly Fee 100.00 EUR
  • SEPA Outgoing 4.00 EUR
  • SWIFT Outgoing 4.00 EUR

Alternatives to Trustcom Financial Business Account

See Also

Operations with Cryptocurrencies

No

Trustcom Financial do not conduct operations with cryptocurrencies.

Crypto-Related Activities

  • Accounts for crypto businesses
  • Transfers to crypto platforms
  • Transfers from crypto platforms

Trustcom Financial do not conduct any crypto-related acitivities.

See Also

Financial Highlights

Customer Funds (2019)
19.85 mln EUR  (+178.43%)
Gross Profit (2019)
927,000.00 EUR  (+552.82%)
Total Equity (2019)
769,000.00 EUR  (+138.82%)

Company Details

Country of Registration
LTLithuania
Company Number
304521377
BIC
TRFBLT21
Authorized By
Bank of Lithuania
Authorization Number
LB000438
Authorization Granted
21 December 2017
Authorized Activities
  • placing cash to a payment account
  • withdrawing cash from a payment account
  • execution of payment transactions on a payment account (not covered by a credit line)
  • issuing payment instruments or acquiring payment transactions
  • money remittance

Trustcom Financial UAB is authorized by the Bank of Lithuania (authorization number LB000438) for placing cash to a payment account, withdrawing cash from a payment account, execution of payment transactions on a payment account (not covered by a credit line), issuing payment instruments or acquiring payment transactions, money remittance. The authorization was granted on 21 December 2017.

EEA Passport
Yes
Deposit Guarantee
No

Due to EEA passport rules Trustcom Financial UAB, can conduct its activities in any of the 31 EEA member states. Trustcom Financial UAB do not participate in deposit guarantee schemes.

Membership
SWIFT
SEPA

Trustcom Financial UAB is a SWIFT member and a SEPA (SCT, SCT Inst) scheme participant.

See Also

Contacts

Vilniaus m. sav. Vilniaus m. Islandijos g. 6, 01108, Vilnius, Lithuania
Website Languages
GBEnglish
LTLithuanian
ITItalian
ESSpanish

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See Also