Būkite budrūs: plinta sukčių laiškai, neva pasirašyti Šiaulių banko. Juose prašoma paspausti nurodą ir apsaugoti savo paskyrą. Šiaulių bankas tokių laiškų nesiunčia. Jokiu būdu nespauskite laiškuose pateiktos nuorodos.

SEPA: to private clients

Implementing the SEPA requirement in Lithuania the residents are not supposed for additional preparation in respect with the changes. However, it's worth paying attention to the things that are going to change.

Since 01 January 2016 the following areas will be subject to changes:

  • order of filling a credit transfer form;
  • provision of the direct debit service will be seized as not complying with the SEPA requirements. Šiaulių Bankas will offer to You a new alternative solution for for settlement of bills - an electronic invoice service. It could be used instead of the currently provided direct debit service. 

How could You benefit from it?

  • Executing payment in Lithuanian and other SEPA states, you will fill the same payment order form.
  • An account opened in Lithuania could be used without any restrictions to receive a salary, social benefits or other payments from all SEPA states.
  • Wishing to receive a salary, social benefits or other payments from Lithuania you can specify an account opened abroad without any restrictions.
SEPA credit transfers
E-invoice

What is going to change and how?

The same payment form shall apply to both the domestic and international SEPA transfers. Beneficiary's and payer's names as well as payment purpose data fields will become shorter in the new SEPA credit transfer form, however, there will apper possibility to use more identifiers for a payer, beneficiary and paymetn purpose itself.

Payment form data field

Until 31 December 2015

After 01 January 2016

Payment purpose 

300 characters are allowed.

140 characters will be allowed. 

Text is provided either in a structured (payment code) or in a free form.

payment code

 16 characters are allowed.

35 characters will be allowed.

Only one of two can be specified:

• either a payment code

• or a payment purpose.

It means that if a payment code was specified then a payment purpose could not be specified additionally. 

Payer's /beneficiary's name

200 characters are allowed.

70 characters will be allowed.

Payer's /beneficiary's identification

A natural person's or legal entity's code can be specified.

One identification, agreed with the beneficiary in advance, could be specified. A VAT code. social insurance code, service provider's code. etc.

 

Note:

  • It will not be necessary to specified the beneficiary's BIC code while proceeding international SEPA transfers.

If the beneficiary's account is with the bank registered in Lithuania the Lithuanian letters could be further used in the SEPA transfer forms.

What is going to change and how?

Since 01 January 2016 a direct debit service will no longer be provided in Lithuania as it does not comply with the SEPA requirements. We will offer you an alternative option to pay your bills, taxes and charges - a new electronic invoice (e-invoice) service.

E-invoice is an electronic invoice formed, sent, registered, stored and paid in electronic environment.

How can e-invoices be useful to you?

  • You will be able to order an e-invoice addressing a beneficiary (company) directly or through the Internet banking system SB Linija and in any customer service point of the bank.
  • All the e-invoices that are submitted to you for settlement will be conveniently displayed on the SB Linija and you won't have to look for the invoices in your mail boxes any more or login to self-service sites of the various service providers.
  • Management of the e-invoice settlements will be very convenient - you will be able to decide wither to settle e-invoices yourself or to choose an automated settlement.
  • Choosing to settle e-invoices by a single SEPA credit transfer you won;t have ti fill a payment order each time - the data shall be transferred automatically.
  • You will be able to order an e-invoice service even if you don’t use e-banking services. In this case you will have to select an automated payment.

What should I do if I have been using a direct debit service so far?

Your direct debit consents submitted before 28 December 2015 will be automatically changed into agreements regarding e-invoice service submission with automated payment. You will be able to correct the conditions of e-invoice settlement on the SB Linija.

Currently used direct debit will be changed into e-invoice submission service in January 2016. If you do not agree with the changes You will be able to refuse an e-invoice service.

If you have any question related to the SEPA changes, do not hesitate contacting us by e-mail kc@sb.lt.

More information of changes is available on the Internet site of the Bank of Lithuania at www.sepa.lt.

Tips on how to shorten businesses, organizations etc. names