SWIFT / BIC Code
IBIULT21
ibsettle UAB
IBIULT21 is the BIC (SWIFT code) of ibsettle UAB, based in Vilnius. Its IBANs are 20 characters long. The bank receives SEPA Instant transfers and answers Verification of Payee name checks.
Check an IBAN from ibsettle UAB
Paste an IBAN from Lithuania to check its check digits and see which bank it belongs to.
BIC Breakdown
IBIU: institution identifier (4 letters)
LT: country code per ISO 3166-1
21: location code (city / timezone)
Bank Details
Payments it can receive
ibsettle UAB's participation in the European payment schemes, from the EPC register of participants.
Verification of Payee lets the payer's bank compare the name typed on a euro transfer with the account holder's name. This page shows whether the bank takes part; ibanchecker.cash does not check names.
Sending money to an account at ibsettle UAB?
Wise shows the exchange rate and its fee before you send.
Partner link. If you open a Wise account through it and send money between two currencies, Wise pays ibanchecker.cash a commission; what you pay does not change. How this works
IBAN format for 🇱🇹 Lithuania
Lithuania IBANs are 20 characters long.
Frequently Asked Questions
What is the SWIFT code for ibsettle UAB?
IBIULT21. Written with the head-office branch code it is IBIULT21XXX; both forms reach the same bank. A euro transfer within SEPA needs only the IBAN.
What does IBIULT21 mean?
"IBIU" identifies ibsettle UAB, "LT" is the country code for Lithuania, "21" is the location code.
How long are ibsettle UAB IBANs?
20 characters, like every IBAN from Lithuania: the country code LT, two check digits, the bank code (5 digits) and the account number (11 digits).
Can I send an instant transfer to ibsettle UAB?
Yes. The European Payments Council lists ibsettle UAB in SEPA Instant Credit Transfer since 3 February 2025, so an instant euro transfer from a participating bank reaches its accounts in seconds.
Does ibsettle UAB confirm the payee's name?
Yes. It answers Verification of Payee requests (since 8 October 2025), so the payer's bank can compare the name entered with the account holder's name before a euro transfer is sent.