What is Satchel? Satchel Review, Features

Satchel (Lithuanian Electronic Money Institution) was created in 2018 and provides services such as four types of bank accounts, payment cards, currency exchange, IBAN accounts, international payments, etc.

About Satchel (Lithuanian Electronic Money Institution)

Satchel (Lithuanian Electronic Money Institution) was created in 2018 with the goal of becoming a sophisticated, fast and reliable financial assistant for its customers. Satchel has developed fintech solutions combining years of experience, advanced technology and proprietary financial infrastructure to ensure that customers are provided with safe, simple and smart money management tools.

Services provided by Satchel (Lithuanian Electronic Money Institution)
1. Corporate Account

• No need to queue up to open an account online;

• Get a unique European IBAN;

• Start transacting in 38 currencies via SWIFT and SEPA;

• Enjoy personalized customer support;

• Pay all your business expenses with the Satchel Payment Card.

2. Merchant Account

• Accept card payments in 20 currencies;

• generate reports on your merchant account activity;

• Use API to speed up startup;

• PCI DSS Level 1.

3. Freelancer Account

• Remote account opening with minimum requirements;

• Use the unique European IBAN for fast and easy transactions;

• Use virtual and physical Mastercards for everyday payments;

• Transparent pricing plans tailored to your needs;

• Professional customer support.

4. Personal Account

• You can open an account remotely with just two personal documents;

• Get a unique European IBAN;

• Virtual and physical Mastercards tailored to your needs;

• No hidden fees and personalized pricing plans.