Money that moves at the speed of a message.

Sezvo is operated by UAB Aušra Pay, a licensed electronic money institution authorised and supervised by the Bank of Lithuania and passported across the European Economic Area. Your account comes with a Lithuanian (LT) IBAN and our BIC, OCENLT22, so it behaves like a first-class participant on the European payment network rather than a workaround layered on top of one.

When you start a payment we read the destination details and choose the cheapest, quickest route that will actually deliver. A euro payment to another SEPA-reachable account goes out as SEPA Instant where the receiving bank is enrolled, and falls back to a standard SEPA Credit Transfer where it is not. A payment to another Sezvo customer never touches an external rail at all — it settles on our own ledger in real time. The table below shows the rails we run and what each one costs and takes.

Speed figures describe how quickly the payment leaves Sezvo and is accepted by the receiving institution. Once funds reach the other bank, when they appear in your recipient's balance is up to that bank's own processing.

An Sezvo-to-Sezvo transfer is the simplest payment we offer. Because we hold both sides of the transaction, we settle it internally without routing through SEPA, SWIFT, or any third party. That means it clears immediately, day or night, with no fee and no limit on frequency. You can split a bill, repay a friend, or move money between your own accounts in different currencies in the time it takes to confirm.

You can send to another Sezvo customer using their account, their tag, or a payment request they share with you. Because there is no external rail involved, an internal send is the one type of payment that can be cancelled right up until the recipient claims it — useful if you typed the wrong name or changed your mind. If you hold the destination currency, no conversion happens at all; if you do not, you can convert first at the real rate and then send, with the fee shown before you commit.

Currency conversion is where ordinary banks quietly make their margin, by quoting you a worse rate than the one they actually trade at. Sezvo does not do that. We start from the mid-market rate — the midpoint between the buy and sell prices that you would see on a financial data feed — and refresh it continuously. The fee is then shown as a separate, explicit line so you can see exactly what conversion costs.

• Live mid-market rate, refreshed continuously through the trading week.
• A clear, capped conversion fee shown before you confirm — never folded into the rate.
• Plan-based allowances: higher tiers include a larger fee-free conversion limit each month.
• Weekend pricing applies when wholesale FX markets are closed (Saturday to Sunday), to cover the gap risk.
• Hold 28 currencies so you can convert when the rate suits you, not when a payment forces it.

Because conversion and sending are separate steps, you stay in control. If the rate is not where you want it, hold the source currency and convert later. If you regularly pay someone abroad, convert a lump sum once, keep the balance in their currency, and make each subsequent payment without any FX cost at all.

A beneficiary is anyone you save to pay again. Store their account or IBAN, BIC where needed, and a reference, and reuse it in a tap. Before a first-time payment to a new beneficiary leaves the account, we run validation checks on the details — confirming the IBAN is well-formed and the destination is routable — and, where the scheme supports it, a name-match check so a typo does not send your money to a stranger.

Every payment is tracked end to end. You can follow its status in the app from the moment you submit it, through acceptance by the receiving bank, to settlement, and for SWIFT payments you can see where it sits in the correspondent chain. Each completed payment produces a downloadable receipt and confirmation, and your full history is exportable as a statement, which is exactly what you need for accounting, expenses, or proof of payment.

• Saved beneficiaries with IBAN/BIC validation before the first send.
• Name-match and Confirmation of Payee checks where the scheme supports them.
• Live tracking from submission to settlement, including SWIFT routing status.
• Downloadable receipts and confirmations for every completed payment.
• Exportable statements for accounting, expenses, and audit.

Sezvo business accounts run on the same payment infrastructure with the controls a team needs. Bulk and batch payments let you pay many beneficiaries at once — payroll, contractors, supplier runs — by uploading a file or selecting from saved beneficiaries, and SEPA payments within a batch remain free. Each batch shows a clear total and a per-line breakdown before you release it.

Approval workflows separate the person who prepares a payment from the person who authorises it, so no single login can move money unchecked. Combined with role-based access, full audit logging, and exportable statements that reconcile cleanly against your accounting, business payments stay fast for the team and accountable for whoever signs off the books.

• Bulk and batch payments across saved beneficiaries — free for SEPA legs.
• Maker-checker approval flows so payments need a second authoriser.
• Role-based access and a complete, exportable audit trail.
• Multi-currency balances to pay suppliers in their own currency.
• Statements that reconcile cleanly against your accounting records.