Urbo Bankas UAB

Urbo Bankas UAB is a Lithuania-registered credit institution organized as a private limited company (UAB) and supervised by the Bank of Lithuania within the EU Single Supervisory Mechanism; deposits held with licensed Lithuanian banks are protected by the national deposit guarantee scheme up to €100,000 per depositor. The bank’s proposition focuses on standard retail and SME services, including EUR payment accounts with Lithuanian IBANs, SEPA transfers (with international SWIFT transfers available for non-SEPA corridors), payment cards with 3‑D Secure, and time deposits; lending may include consumer and business credit subject to underwriting and collateral requirements. Account opening follows standard KYC/AML procedures, with additional checks for non-residents and higher-risk business models, and acceptance criteria can vary by customer profile and jurisdiction. Day-to-day access is through online and mobile banking with strong customer authentication under PSD2; an open-banking API is typically provided for third-party access and account aggregation. Pricing is set out in the published tariff, commonly covering account maintenance, card issuance and ATM usage, SEPA and cross-border payments, and foreign exchange markups; fees and limits can differ for retail and corporate users. The service model is EUR-centric, and availability of multi-currency accounts, instant payments, cash handling, and cheque services depends on the bank’s current product scope. Customer support is generally available during business hours in Lithuanian and English. Overall, Urbo Bankas UAB suits users seeking a Lithuanian IBAN and straightforward EUR banking for personal or SME needs, while customers requiring extensive multicurrency functionality, complex treasury products, or high-volume cross-border operations should review the detailed terms, limits, and eligibility criteria before onboarding.