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Overview
CENTROlink is a payment system operated by the Bank of Lithuania, providing the gateway to the Single Euro Payments Area (SEPA). The key functionalities delivered by the service provider are SEPA transfers and account opening.
Default currencies
The following currencies are supported by the service provider and can be set as default:
-
EUR
Only one default currency is allowed for payment processing.
Supported regions
Companies from the following regions can integrate:
-
EU (European Union)
-
EEA (European Economic Area)
Prerequisites
An active financial services license is required to implement the integration. Contact your manager for additional details.
Website
Products and services
|
Name |
Supported (Yes/No) |
|---|---|
|
Accounts |
No |
|
Virtual accounts |
Yes |
|
IBAN generation |
Yes |
|
Private accounts |
Yes |
|
Business accounts |
Yes |
|
Multi-currency Accounts |
No |
|
Mono-currency Accounts |
Yes |
|
SEPA Credit Transfer (SCT) |
Yes |
|
SEPA Instant (EUR-3) |
No |
|
Target2 (EUR-1) |
No |
|
SWIFT |
No |
|
Direct Debit (BACS, SEPA) |
No |
|
CHAPS (UK) |
No |
|
Faster Payments (UK) |
No |
|
BACS (UK), incoming only |
No |
|
ACH (Automated Clearing House) |
No |
|
Fedwire (Local USA payments in USD) |
No |
|
Intraday Payment (DKK) |
No |
|
FX orders and rates |
No |
|
Interledger |
No |
|
Refunds (incoming, outgoing) |
Yes, incoming only |
|
Dynamic payments (Bank transfer) |
No |
|
Convert & Send |
No |
|
CoP (Confirmation of payee) |
No |
|
Provider dashboard |
Yes |
Additional information
The table below provides additional information about the services offered by CENTROlink.
|
Service name |
Description |
Execution details |
|---|---|---|
|
IBANs |
The provider delivers a service of account opening. An IBAN identifies the account of a customer at a financial institution and allows to send cross-border transfers. |
Account currencies It is possible to open an account in the following currencies:
Locations CENTROlink accounts can be opened for citizens of the following countries:
|
|
SEPA transfers |
SEPA (Single Euro Payments Area) transfers allow to send and receive payments in EUR within the eurozone. |
Transfer currencies It is possible to send SEPA transfers in the following currencies:
Locations CENTROlink transfers can be sent to the following countries:
|