• Prepare an electronic payroll sheet, which the bank will use to transfer money.
• Connect to the internet bank, submit a single payment order and money will be transferred to all of your employees.

You can transfer money to SEB or any other bank accounts within Lithuania and European Economic Area.

Payments included in consolidated payment (eg salary payments) are shown in your account statement as a single consolidated payment amount.

You’ll have two convenient options:

• import a ready-made payroll sheet from your accounting application
• create a payroll sheet once and only adjust it afterwards

You can create template for consolidated payments in the internet bank, by choosing payment option “Add to my templates”.

A detailed consolidated payment report is available at your internet bank: under Other / Settings -> History.
 

You won’t need to worry about safe transportation of cash to pay wages.

You can authorise one of your employees to create a payroll file without transferring money and another one only to transfer the total amount of all wages without seeing the details of the file.

No matter how many wage recipients you have, money is transferred as a single payment order, which means you don’t waste time paying money and making many transfers or other operations.

If you are paying wages in cash from your corporate account, you are charged the cash collection fee. You won’t have to pay it subscribing to the wage transfer service.