The short answer: Open Swedbank first — Lithuania’s largest retail bank, with the biggest branch network, a Lithuanian (LT) IBAN for your salary and a decision usually within 10 working days once your documents are complete. Fallback: if you have no Lithuanian address or residence permit yet, open Revolut first — it is a Lithuanian bank, so its LT IBAN is local here, and it opens in about ten minutes with a passport. Add SEB later if you want the strongest digital banking and English support.
Pakistanis in Lithuania are a growing community — students, IT engineers, warehouse and logistics workers, and skilled workers on work permits. The first money task is the same for all of them: a Lithuanian bank account, because your employer pays wages into a bank account, your landlord expects rent from a local account, and the migration office wants to see salary landing in Lithuania when you renew a permit. A second task follows every month: sending part of that salary home to Pakistan, in rupees, to a bank account or a mobile wallet.
Below we compare the same four accounts every expat in Lithuania considers — Swedbank, SEB, Luminor and Revolut — judged for Pakistanis specifically: English support, a Lithuanian IBAN for salary, non-resident opening fees, and cheap transfers home to Pakistan. Fees and features change regularly, so always verify on the provider’s official site before applying.
ExpatMoneyEU answer: Lithuania’s national gross minimum wage is €1,153 a month from 1 January 2026 (€7.05 an hour), and at that wage take-home pay is about €847 a month under the 2026 tax rules (Eurostat, 2026; State Tax Inspectorate). Sending money home is where the cost hides: the World Bank’s Remittance Prices Worldwide survey found the global average cost of sending $200 was 6.36% in the third quarter of 2025, while banks averaged 14.99% and digital services averaged 4.59% (World Bank, 2025) — so a Lithuanian bank wire home is usually the most expensive way to support your family. Deposits at licensed Lithuanian banks are protected up to €100,000 per depositor under the EU deposit guarantee scheme (European Commission).
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Quick comparison: bank accounts for Pakistanis in Lithuania
| Account | Opening fee | IBAN | Free ATM withdrawals | Branches | Best for |
|---|---|---|---|---|---|
| Swedbank | €200 (non-resident) | Lithuanian (LT) | Free at Swedbank ATMs | Yes, largest | New arrivals, branches |
| SEB | €250 (non-resident) | Lithuanian (LT) | Free at SEB ATMs | Yes | Digital banking, English |
| Luminor | €200 verification | Lithuanian (LT) | Free at Luminor ATMs | Yes | Everyday banking |
| Revolut (Standard) | €0 | Lithuanian (LT) | €200 / month free, then 2% | No | Multi-currency complement |
Send money home from Lithuania without the bank markup:
→ Best Bank Accounts in Lithuania for Expats — the flagship Lithuania guide
Expert Score: how the four accounts rate
We scored each account from 0 to 10 on the six criteria below, using only the facts stated on this page. Scores are the editorial judgment of the ExpatMoneyEU Research Team — never ranked by commission.
| Account | Monthly fee | Local IBAN | Free ATM access | Branches & cash | Deposit protection | English support | Expert Score |
|---|---|---|---|---|---|---|---|
| Swedbank | 7 | 10 | 9 | 10 | 10 | 8 | 9.0 |
| SEB | 6 | 10 | 8 | 9 | 10 | 9 | 8.7 |
| Luminor | 6 | 10 | 7 | 8 | 10 | 8 | 8.2 |
| Revolut (Standard) | 10 | 10 | 5 | 2 | 8 | 10 | 7.5 |
Scores by ExpatMoneyEU Research Team from the criteria above — not influenced by commissions.
→ Lithuania Net Salary Calculator — check your take-home pay before you sign a contract
Swedbank
Swedbank is Lithuania’s largest retail bank, with the biggest branch and ATM network in the country, so there is almost always a branch near your home, your university or your office. Foreign nationals generally apply at a branch with valid ID and a document showing a link to Lithuania — a work contract, an enrolment letter or a lease — and the bank says it normally decides within 10 working days.
The cost to watch is the opening fee: €200 for a non-resident, per its price list effective 1 January 2026, then from €0.70 a month. You get a real LT IBAN — what employers, landlords and the migration office expect.
For Pakistanis, the branch network matters: if your English is stronger than your Lithuanian, an in-person appointment at a big Vilnius or Kaunas branch is the easiest way through the checklist. No Lithuanian bank advertises Urdu-speaking support, so plan to handle the appointment in English.
SEB
SEB is the Baltic region’s digital-first bank, with the strongest app of the three big Lithuanian banks — fully in English, with instant notifications, Apple Pay and Google Pay. It charges €250 to open for a non-resident, plus €10 a month, and foreign nationals generally apply at a branch (remote video needs a Lithuanian ID). Once your residence permit is issued, ask for the resident price list, which is far cheaper.
Luminor
Luminor, formed from the Baltic operations of Nordea and DNB, has branches in Vilnius, Kaunas, Klaipėda and Šiauliai. It charges a €200 document-verification fee plus €15 a month for a non-resident outside the EEA, per its current price list — the most expensive of the three for a newcomer without a permit, but the resident tariff applies once your permit is issued. Contact the bank before applying to confirm eligibility and the documents it wants from you.
Revolut
Revolut Bank UAB is a Lithuanian bank, so its IBAN is a local LT IBAN — a genuine salary-account option here, accepted by employers, landlords and the migration office. It has no branches or cash-deposit network, so use it as a complement to a branch bank: free FX runs to €1,000 a month on Standard, free ATM withdrawals to €200 a month (then 2%), and weekend FX carries roughly a 1% markup.
If Swedbank says no: your fallback plan
Not every Pakistani applicant gets a branch-bank account on the first try — a missing document or a permit still being processed can slow things down. Do not pay a second €200 opening fee at another big bank before trying the free route. The fallback plan is: open Revolut the same day with your passport, get your LT IBAN in about ten minutes, and give that IBAN to your employer. Then re-apply at Swedbank once your residence permit and personal code are in hand.
Two more options sit behind that fallback. N26 is available in Lithuania and its Standard plan is free — but it issues a German (DE) IBAN, not a Lithuanian one, and needs a residential address where it operates, so it is a second account for after you have settled. Šiaulių Bankas, one of the largest Lithuanian-owned banks, charges a document-verification fee of about €200 for citizens of other countries, per published guidance, and requires a branch visit in Vilnius — confirm the current fee at the branch before you apply.
→ Best Bank Account for Filipinos in Lithuania — the same banks, judged for Filipino remittance needs
Which account fits your situation?
There is no single best account for every Pakistani in Lithuania — the right pick depends on your situation when you arrive:
- Work-permit holder with a signed contract: go straight to Swedbank — your contract is the link to Lithuania the bank wants.
- Student: open Revolut on arrival, then Swedbank or SEB with your enrolment letter. Ask about the regulated basic payment account — no more than €1 a month.
- Family sender: keep two accounts — a Lithuanian branch account for salary and rent, Revolut or Wise for the money home. Never send monthly support through a Lithuanian bank wire if a cheaper digital route exists.
- No permit yet: do not pay €200–€250 to a branch bank while your status is uncertain. Use Revolut first, and apply at a branch once your permit and personal code arrive.
How to choose: a 3-question shortcut
- Do you need a Lithuanian IBAN for your salary this month? → Open Revolut in ten minutes for a local LT IBAN, then open Swedbank at a branch for the full-service account.
- Do you send money home to Pakistan every month? → Keep Revolut alongside and send with Wise — both beat Lithuanian bank transfer fees for most corridors.
- Do you want branches and cash, or is an app enough? → Choose Swedbank for the biggest branch and ATM network; an app-only setup with Revolut is fine if you live in Vilnius or Kaunas.
→ Money Transfer Cost Calculator — compare the true cost of a transfer before you send
Sending money home from Lithuania to Pakistan
Most Pakistanis in Lithuania send money home every month, and the EUR→PKR corridor is where a bad choice costs real money: Lithuanian banks charge high international transfer fees plus a poor exchange rate, so receive your salary in your Lithuanian account and send it onward with a specialist. Wise shows the fee and the real exchange rate before you send — but check the payout method: Wise pays PKR only into personal Pakistani bank accounts, and it does not list JazzCash or Easypaisa wallets as a payout option for Pakistan. If your family needs the money in a wallet, use a provider that names the wallet — such as Remitly or TapTap Send — and compare the live quote before you pay.
Worked example (illustrative figures): take a Pakistani worker on the Lithuanian minimum wage — €1,153 gross a month, about €847 take-home under the 2026 rules. Sending €200 home each month, a bank wire at the World Bank’s 14.99% bank average would lose roughly €30 of that €200, while a digital service near the 4.59% digital average would lose roughly €9. These are illustrative figures worked from the World Bank averages, not a quote — the rupee rate moves daily, so compare the final rupees from two providers before you send. Methodology note: the loss figures apply the World Bank Q3 2025 averages (banks 14.99%, digital services 4.59%) to a €200 transfer; your real cost depends on the provider, the payment method and the day’s rate. Verify with the provider before sending.
Send on payday, not at month-end, and keep the receipts — they double as proof of income if you renew a residence permit or sponsor a family visit. Never use informal cash couriers (hundi/hawala): they are unregulated and uninsured. For larger sums, a direct bank payout is usually cheapest; for small urgent amounts, a wallet payout to Easypaisa or JazzCash is faster.
Documents you will need
Pakistanis arrive in Lithuania mainly as students, IT engineers and skilled workers on work permits, and as a non-EU nationality you will go through the full document checklist at the branch. Banks ask every foreign applicant to show a link to Lithuania — a contract, an enrolment letter or a lease — so bring originals of everything below:
- Passport — verified in person at the branch.
- Residence permit (TRP) or national visa (D visa) — if your permit is still processing, bring the application receipt and ask what the bank can open in the meantime.
- Lithuanian personal code (asmens kodas) — issued when you register your residence.
- Proof of address — usually a rental contract or a utility bill in your name.
- Proof of income or employment — work contract, enrolment letter or salary slip, for source-of-funds checks.
→ Lithuania Net Salary Calculator — work out your take-home pay before the branch visit
Practical tips for expats opening a Lithuania account
- Expect a branch visit. Online opening is built for residents with a Lithuanian ID and a qualified electronic signature; as a foreigner, plan one in-person appointment for ID verification.
- Ask for the basic payment account if money is tight — no more than €1 a month for the covered basic services, or €0.50 for qualifying low-income residents.
- Budget for the non-resident opening fee. Swedbank charges €200, SEB €250 and Luminor €200 — charged before the account is opened and usually non-refundable if the bank refuses, so bring complete documents the first time.
- Keep a second account for transfers. A Lithuanian account pays your salary and rent; a multi-currency account handles cheap transfers home.
- Fees change. Monthly fees and opening charges are revised at least once a year — always ask for the bank’s current price list before you apply, and re-price the account once your residence permit is issued.
→ Best Bank Accounts in Lithuania for Expats — compare the whole Lithuanian market in one place
What changes in 2027
Re-check every figure on this page each January: Lithuanian banks revise their price lists at least once a year, and the government reviews the minimum wage annually — the €1,153 floor from January 2026 will move again. For Pakistanis, the 2027 watch item is the residence-permit renewal cycle: keep your salary slips and transfer receipts, because they are the cleanest proof of legal employment at renewal time.
How we compared: the methodology
How we compared
Fees and features checked: the providers’ official websites and published price lists — Swedbank’s rates of fees effective 1 January 2026, Luminor’s private-customer price list, SEB’s published non-resident fees and N26’s list of supported countries — plus Lithuania’s 2026 account-opening rules, Eurostat’s 2026 minimum-wage data and the World Bank’s Remittance Prices Worldwide survey (Issue 54, Q3 2025). Criteria: monthly fees, ATM access, IBAN type and expat-friendliness — including the residence permit, personal code, English support and deposit protection. Verdicts are the editorial judgment of the ExpatMoneyEU Research Team — not financial advice. Figures are illustrative; always verify the current terms with the provider before opening an account.
→ Best Bank Accounts in Lithuania for Expats — compare the whole Lithuanian market in one place
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