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Seven Seas Finance

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Overview

Seven Seas Finance provides payment accounts for international trading companies and individuals. It operates through UAB Seven Seas Europe, an electronic money institution holding Bank of Lithuania licence number 22.

What it does The company lets customers receive proceeds from e-commerce platforms, hold several currencies, exchange them and make local SEPA and cross-border SWIFT payments. The listed services are business accounts, personal accounts, FX, e-commerce collections and international payments.

Currencies and rails Currencies named are EUR, GBP, USD, HKD and CNY, and payment channels are SEPA and SWIFT. The mix of Hong Kong and Chinese yuan with euro and sterling points to trade flows between Europe and Asia.

What to clarify The available facts do not state fees, limits, onboarding timing or the list of supported marketplaces. Firms that sell on third-party platforms should ask which marketplaces can pay out into these accounts and how conversion is priced.

Who it suits Cross-border online sellers, importers and exporters that collect marketplace payouts in several currencies and want to convert and pay suppliers from one account. Individuals with international payment needs can use the personal account offering.

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