8 guidesTopic

Money & Banking

Budgeting, opening a bank account, proof of funds and the real cost of student life.

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Guides in this topic

Cost of living for students

What a student month in Lithuania really costs — rent, food, transport and bills — plus how the budget differs for EU, non-EU and Erasmus students.

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Opening a bank account

How to open a bank account in Lithuania as a student: what documents you need, traditional banks vs fintech apps, and what to do before your residence permit arrives.

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Proof of funds for a student visa

How much money you must show for a Lithuania student visa or residence permit, what counts as proof of funds, and how the rules differ for EU, non-EU and Erasmus students.

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Scholarships for international students

The main scholarships for international students in Lithuania — state scholarships, university tuition waivers and Erasmus+ — who qualifies, what they cover, and where to apply.

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Which bank to choose

A practical comparison of traditional banks (SEB, Swedbank, Luminor) and fintech accounts (Revolut, Wise, Paysera) for international students in Lithuania — what you need to open one and which to pick.

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ATM & card fees with a foreign card

How to avoid ATM and card fees in Lithuania with a foreign card: skip Euronet machines, always decline currency conversion, and use bank or fintech ATMs instead.

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Sending money home from Lithuania

Cheapest ways to send money home from Lithuania to India, Pakistan, Nigeria or Bangladesh — Wise vs Revolut vs banks, fees, FX markup, speed and limits.

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Vilnius vs Kaunas: where can a student live more cheaply?

A side-by-side cost comparison of Vilnius and Kaunas for students — rent, dorms, transport and eating out — and which city suits which budget.

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