What is a corporate account, and how does it contribute to the financial management of businesses in Lithuania?

A business account is a specialized bank account meant for companies and corporations. It enables businesses to handle their funds, accept payments, and carry out transactions effectively, keeping business finances separate from personal finances and offering customized business banking services. Lithuania’s banking sector is well-regulated, promotes innovation and digital banking solutions, and paves the way for efficient financial services and investment activities driven by technology.