Receive from European customers
Customers in any SEPA country pay the LT IBAN as an ordinary euro transfer, typically arriving the same or next working day.
European IBAN · Liberia
EUR IBAN for businesses in Liberia
Yes. A company registered in Liberia can hold a named EUR IBAN without opening a European company. TrillioniPay provides a Lithuanian IBAN, starting with LT, in your company’s own name through a regulated partner in Lithuania, typically issued within 48 hours of approval. European customers pay it by SEPA, and you pay suppliers in any SEPA country from it the same way. Liberia is not in SEPA, so money you send home goes by SWIFT.
At a glance
- Who can apply
- Companies registered in Liberia, subject to KYB
- IBAN country
- Lithuania (LT), 20 characters
- Account name
- Your company’s registered name
- Issued
- Typically within 48 hours of approval
- Euro payments
- SEPA in and out, with any SEPA country
- Liberia in SEPA?
- No — payments there go by SWIFT
- Local currency
- Liberian Dollar (LRD) · LRD: not paid out — use USD or EUR by SWIFT
- European company needed
- No
How to get a EUR IBAN in Liberia
- 01
Join the waiting list
Onboarding has not opened yet. Tell us your company is registered in Liberia, what you sell to or buy from Europe, and the euro volumes you expect.
- 02
Send your company documents
When onboarding opens, upload the KYB documents listed below for the company, its directors and its beneficial owners.
- 03
Review and approval
We check the company, who owns and runs it, and the payments you expect. We may ask follow-up questions; the time this takes depends on your file.
- 04
Your IBAN, typically within 48 hours
Once approved, you receive a Lithuanian IBAN starting with LT in your company’s name, ready to put on your invoices.
Documents you will need
- Certificate of incorporation or a recent extract from the commercial register in Liberia
- Memorandum and articles of association
- Proof of the registered business address
- Shareholder register or ownership chart, down to the ultimate beneficial owners
- Passport or national ID, and proof of address, for each director and beneficial owner
- A description of your business, main customers and suppliers, and expected monthly euro volumes
This is the usual KYB file; the exact list depends on how your company is structured, and we may ask for more. Some payments also need supporting documents, such as an invoice.
What your IBAN looks like
LTkk bbbb bccc cccc cccc
- LT country code
- k check digits
- b bank code
- c account number
- 20 characters
Letters stand for digits here; this is the layout, not an account. Your IBAN is issued in your company’s registered name, and it comes with the BIC European payers need.
How euros move in and out
Pay European suppliers, staff and partners
Send euros by SEPA from the same IBAN to any beneficiary in a SEPA country, without converting or routing through a bank at home.
Send money in Liberia
Liberia is not in SEPA and we do not pay out in LRD: payments to accounts there go in US dollars or euros by SWIFT, and the receiving bank converts.
Receiving euros by SWIFT from outside the SEPA area is not confirmed yet; ask us about your flows before you rely on it. Timings are typical, not guaranteed.
Converting to LRD and paying out in Liberia
We do not pay out in Liberian Dollar (LRD). Payments to Liberia go in US dollars or euros by SWIFT, and the receiving bank converts them into LRD. The exchange rate and fee are shown before you confirm.
Banking in Liberia: what to know
- Local account format
- Local account number and the bank’s SWIFT/BIC
- Local currency
- Liberian Dollar (LRD)
Your options compared
| EUR account at a bank in Liberia | Named IBAN from a payment provider (like TrillioniPay) | Setting up a company in the EU | |
|---|---|---|---|
| Account number | Local account number and the bank’s SWIFT/BIC | Lithuanian IBAN (LT, 20 characters) | IBAN of the EU country where the company banks |
| How European customers pay you | International transfer (SWIFT), often through intermediary banks | SEPA, like a domestic euro transfer | SEPA |
| Paying European suppliers | SWIFT | SEPA | SEPA |
| Name on the account | Your company | Your company | The new EU company, not your existing one |
| European company needed | No | No | Yes |
| What it takes | Your bank’s own terms, which vary from bank to bank | KYB review; the IBAN typically follows within 48 hours of approval | Incorporation, a registered address and a bank account, then ongoing accounts and tax filings in that country |
General comparison of the three routes; terms at any given bank or provider differ.
Questions
- Can a company in Liberia get a EUR IBAN without a European company?
- Yes. Liberia is not on our list of countries we cannot serve, so a company registered there can apply, subject to KYB checks on the company, its directors and its owners. You do not need a European subsidiary, branch or address. The IBAN is Lithuanian, starts with LT and carries your company’s registered name, so European customers see exactly who they are paying. Onboarding has not opened yet: join the waiting list now and you will be invited to apply when it does.
- How long does it take to get the IBAN?
- The IBAN is typically issued within 48 hours of approval. Approval comes first: we review your company documents, ownership structure and expected payment flows, and how long that takes depends on how complete your file is and whether we need to ask follow-up questions. Once approved, you receive a 20-character Lithuanian IBAN starting with LT in your company’s name, which you can add to your invoices straight away. These timings are typical, not guaranteed.
- How do European customers pay the IBAN?
- By SEPA. The IBAN is Lithuanian, so it sits inside the SEPA area even though Liberia does not. A customer in Germany, France, Italy or any other SEPA country pays it as an ordinary euro transfer, typically arriving the same or next working day. It works in reverse too: you can pay suppliers, staff or partners in any SEPA country by SEPA from the IBAN. Receiving euros by SWIFT from outside the SEPA area, including from Liberia, is not confirmed yet, so ask us before you rely on it.
- Can I convert the euros to Liberian Dollar and pay out in Liberia?
- Not in LRD. We do not pay out in the Liberian Dollar, so payments to Liberia go in US dollars or euros by SWIFT, and the receiving bank converts them into LRD at its own rate and under local rules. Many businesses keep their balance in euros, pay European suppliers by SEPA directly from the IBAN, and send home only what they need. Every fee we charge is shown before you confirm, and some payments need supporting documents, such as an invoice.
- Does Liberia use the IBAN?
- Liberia is not in the SWIFT IBAN Registry, so a local account may not have a standard IBAN. To pay your own account there, you need its account number as your bank writes it and the bank’s SWIFT/BIC code, and the payment goes by SWIFT. Your TrillioniPay account is different: it has a full 20-character Lithuanian IBAN starting with LT, which is what European customers need to pay you by SEPA. Give European customers the LT IBAN together with your company name exactly as it appears on the account and the BIC that comes with your account details.
- Is TrillioniPay a bank?
- No. Trillioni Pay Inc. is a Canadian money services business registered with FINTRAC and with the Bank of Canada under the Retail Payment Activities Act. It is not a bank. The EUR IBAN is provided through a regulated partner in Lithuania, and TrillioniPay runs the platform you use to receive, hold, convert and pay. Because the account sits in Lithuania, check how Liberia’s foreign-exchange rules apply to a resident company holding funds abroad before you apply.
Related
A EUR IBAN for your company in Liberia
Join the waiting list. When onboarding opens, you apply once, and the IBAN typically follows within 48 hours of approval.