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NexPay vs Satchel: what each publishes

As of October 17, 2026, NexPay takes these industries by its own published rules: Crypto, with conditions; iGaming, with conditions; AI and SaaS, with conditions; Forex and CFD, with conditions. Satchel: AI and SaaS; iGaming, with conditions.

NexPayBank of LithuaniaSatchelBank of Lithuania

Not a ranking: the two names are in alphabetical order. The free check applies every provider’s rules to your own answers.

Where it takes companies from

NexPay

Its own list of countries, quoted below with its source and date

Satchel

  • United Kingdom
  • EU / EEA (western & northern, plus Spain, Italy, Portugal)
  • EU / EEA (Baltics, central & eastern, plus Croatia, Greece, Cyprus, Malta)
  • Switzerland / Liechtenstein
  • United States
  • Developed Asia-Pacific
  • United Arab Emirates
  • Latin America
  • Middle East & North Africa
  • Africa
  • CIS / Central Asia / Caucasus
  • Other

The regions its own documents name, read on October 9, 2026

Policy by industry

NexPay and Satchel: published policy by industry
IndustryNexPaySatchel
AI and SaaSWith conditionsYes
CryptoWith conditionsDepends on the activity
iGamingWith conditionsWith conditions
Forex and CFDWith conditionsDepends on the activity
AdultSources disagreeNo
Unlicensed financial servicesNoNo
MarketplaceNo published ruleNo published rule

Where owners must live

NexPay

No published rule

Satchel

No published rule

Rules about countries

NexPay

Which countries does Nexpay work with? If your company is incorporated in any of the countries listed below, you are eligible to apply for an account opening:

NexPay · Takes companies registered in · · Source
All countries named (92)

Andorra, Australia, Austria, Belgium, Bermuda, Bhutan, Brazil, Bulgaria, Canada, Chile, China, Cook Islands, Croatia, Curaçao, Cyprus, Czechia, Denmark, Estonia, Eswatini, Finland, France, Georgia, Germany, Greece, Grenada, Guernsey, Honduras, Hong Kong, Hungary, Iceland, India, Ireland, Isle of Man, Israel, Italy, Japan, Jersey, Kazakhstan, Kuwait, Latvia, Liechtenstein, Lithuania, Luxembourg, Macao, Madagascar, Malaysia, Malta, Moldova, Monaco, Montenegro, Nepal, Netherlands, New Zealand, Niger, North Macedonia, Norway, Papua New Guinea, Peru, Poland, Portugal, Romania, San Marino, São Tomé & Príncipe, Saudi Arabia, Serbia, Singapore, Sint Maarten, Slovakia, Slovenia, Solomon Islands, South Africa, South Korea, Spain, St Lucia, St Pierre & Miquelon, St Vincent & the Grenadines, Suriname, Sweden, Switzerland, Taiwan, Timor-Leste, Togo, Tunisia, Turkmenistan, Turks & Caicos Islands, Tuvalu, Ukraine, United Kingdom, United States, Uruguay, Vatican City, Zambia

Satchel

Blacklisted Jurisdictions: Afghanistan American Samoa Angola

Satchel · Refuses companies or owners from · · Source
All countries named (97)

Afghanistan, American Samoa, Angola, Bangladesh, Barbados, Benin, Bolivia, Botswana, Brunei, Burkina Faso, Burundi, Cambodia, Cameroon, Cayman Islands, Central African Republic, Chad, Congo-Brazzaville, Côte d’Ivoire, Cuba, Djibouti, Dominica, DR Congo, Equatorial Guinea, Eritrea, Eswatini, Ethiopia, Fiji, Gabon, Gambia, Ghana, Guam, Guinea, Guinea-Bissau, Guyana, Haiti, Honduras, Iran, Iraq, Jamaica, Kiribati, Kosovo, Kyrgyzstan, Laos, Lebanon, Lesotho, Liberia, Libya, Madagascar, Malawi, Maldives, Mali, Mauritania, Mauritius, Micronesia, Mongolia, Mozambique, Myanmar, Namibia, Nauru, Nicaragua, Niger, Nigeria, Niue, North Korea, Pakistan, Palau, Palestinian Territories, Panama, Papua New Guinea, Russia, Rwanda, Samoa, São Tomé & Príncipe, Senegal, Sierra Leone, Somalia, South Sudan, Sri Lanka, Sudan, Syria, Tajikistan, Tanzania, Timor-Leste, Togo, Tonga, Trinidad & Tobago, Turkmenistan, Turks & Caicos Islands, Tuvalu, U.S. Virgin Islands, Uganda, Vanuatu, Vatican City, Venezuela, Yemen, Zambia, Zimbabwe

Fees

NexPay

NexPay: published fees
PlanAccount openingMonthlyChecked
Basic+EUR 1000 account opening fee plus a EUR 500 document processing fee, non-refundable, both one-off; EUR 1000 more for a company with no account at another bank or EMI, and EUR 1000 for each extra layer of shareholdingEUR 200-400 a month, depending on the products and services chosen · Source
PremiumEUR 1000 account opening fee plus a EUR 500 document processing fee, non-refundable, both one-off; EUR 1000 more for a company with no account at another bank or EMI, and EUR 1000 for each extra layer of shareholdingEUR 1250-1450 a month, depending on the products and services chosen · Source
EnterpriseEUR 1000 account opening fee plus a EUR 500 document processing fee, non-refundable, both one-off; EUR 1000 more for a company with no account at another bank or EMI, and EUR 1000 for each extra layer of shareholdingCustom ('The pricing is negotiated and compiled individually for each applicant') · Source

Satchel

Satchel: published fees
PlanAccount openingMonthlyChecked
EU tariff€375 account opening€35 · Source
Non-EU tariff€1,075 account opening€50 · Source

Closing an account

NexPay

10.1.5. For other reasons, Nexpay shall have the right to terminate the Agreement by giving notice prior at least 30 (thirty) calendar days.

Notice before closing · · Source

Account closed or frozen? What NexPay’s terms say

Satchel

10.7. Satchel is entitled to terminate relations, including concluded agreements (without any reason) with the Client, with a prior 60 (sixty) days’ notice.

Notice before closing · · Source

Account closed or frozen? What Satchel’s terms say

Licence

LicenseeNexPaySatchel
LicenseeUAB NexPay · EMI licensed by the Bank of Lithuania (authorisation LB000428, valid from 2017-10-10)SatchelPay, UAB · EMI licensed by the Bank of Lithuania (licence No. 28, authorisation LB000448, valid from 2018-03-06)
RegulatorBank of Lithuania · Bank of Lithuania ·