Which type of bank account is best for everyday transactions in Lithuania?

The most suitable bank account for daily transactions varies according to the individual or business’s specific requirements. A checking account is typically utilized for everyday transactions, with benefits such as check writing, debit card access, and online bill payment, whereas a savings account is optimal for keeping funds safe and earning interest in the long run. Lithuanian banks offer affordable fees, giving businesses access to economical financial options and helping increase efficiency in operations.