# Satchel — Payment Provider

Satchel (UAB SatchelPay) is an electronic money institution licensed by the Bank of Lithuania and a principal member of Mastercard Europe. It offers business and personal accounts with multi-currency IBANs, payment cards, and SEPA and SWIFT transfers. Its Banking as a Service product gives businesses a white-label financial platform with accounts, branded cards, custom tariffs and a payment gateway for card processing, with no licence of their own required. It also offers APIs for card issuance, payment processing and a gateway to CENTROlink.

- **Listing status:** Unclaimed — researched from public sources
- **Best for:** Fintech brands and other businesses that want to offer white-label accounts, multi-currency IBANs and branded Mastercard cards without their own licence, and businesses that need EU accounts for SEPA and SWIFT payments.
- **Fees:** Business account (EU): Account opening 375 EUR; Additional account opening 50 EUR; Monthly maintenance fee 35 EUR; Minimum balance 250 EUR; Incoming/outgoing internal transfer within Satchel Free; SEPA incoming transfer Free; SEPA outgoing transfer 3 EUR; SWIFT incoming transfer 0.2%, min 10 EUR; SWIFT outgoing transfer 0.5%, min 35 EUR.
- **Fee model:** flat-rate
- **Categories:** baas, infrastructure
- **Countries served:** 1 (LT)
- **Payment methods:** sepa, swift

## Legal & compliance

Legal entities:
- UAB SatchelPay — Lithuania — licenses: E-Money Institution, LT, Bank of Lithuania

1 license number and 1 register record (with register status history and verification links) require a signed-in PaymentProviders.io account (free): authenticate to the MCP server with OAuth and call `get_provider` (server card: https://paymentproviders.io/.well-known/mcp/server-card.json), or log in on the web at https://paymentproviders.io/providers/satchel#compliance.


Canonical page: https://paymentproviders.io/providers/satchel

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**Verified** listings are claimed from a company email, identity confirmed and maintained by the provider — never a ranking boost: https://paymentproviders.io/verified
More for agents: [llms.txt](https://paymentproviders.io/llms.txt) · MCP server card at https://paymentproviders.io/.well-known/mcp/server-card.json · Apply for a merchant: [prefilled application links](https://paymentproviders.io/apply.md)
