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Guru Pay

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Overview

Guru Pay provides payment accounts with dedicated IBANs for companies and private clients. The legal entity is UAB Guru Pay, an electronic money institution licensed by the Bank of Lithuania under licence number 59.

Services The listed services are dedicated IBAN, FX, business payments and API. Payment channels are SEPA, SEPA Instant and SWIFT. The service is available through a web interface and an API, with a developer portal published, and the website is in English and Lithuanian.

Positioning According to the company, the service is also positioned for regulated businesses, with personal support from the team. A company that operates in a supervised sector, such as another payment or financial firm, should ask what onboarding documents and what level of account manager involvement apply.

Who it suits The product fits businesses that want a European IBAN, the ability to switch between SEPA Instant and SWIFT, and a currency conversion tool in one account. Fees, limits and the list of supported currencies are not given in the data and should be confirmed with the company.

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