User rights

User right changes by two Administrators

If you want to enable quantitative Internet bank User rights management (four-eyes principle) by having two Administrators confirm User rights changes, the company's general manager can do so upon adjusting the Internet bank agreement during a visit to the branch of the Bank or during a remote meeting.

How to grant/revoke Administrator right?

Administrator right to a User can be granted only by the company’s general manager, upon adjusting the Internet bank agreement during a visit to the branch of the Bank or during a remote meeting.

Administrator can:

• add/withdraw and adjust his own User right or that of other Users
• adjust his own or other Users’ daily and monthly payment limits
• conclude and amend deposit agreements
• amend credit card agreements
• view and/or sign e-documents on behalf of the company
• set percentage signing weights of the right to make payments from accounts

Administrator cannot:

• grant Administrator right to another User
• change the four-eyes principle, which requires two Administrators to approve changes to User rights in Internet bank
• change a company’s maximum daily limit, which can be set and changed only by the general manager

How to add a User to the company’s Internet bank

1. Log in to your company’s Internet bank
2. On the menu bar click “Settings”
3. In column “Settings” select “User rights and limits”
4. To add an additional User, click “Add new User”

How to remove a User linked to the company’s Internet bank

1. Log in to your company’s Internet bank
2. On the menu bar click “Settings”
3. In column “Settings” select “User rights and limits”
4. In the User list click the User whose access you would like to revoke
5. In the window that will open click “Remove user”

Users with general right are able to:

• view information on issued credits and leasing services
• view information of signed trade finance applications and submit new applications
• order SMS service
• enter, change contact details

Certain actions may require additional rights.

How to grant/revoke the User's general right in Internet bank

1. Log in to your company’s Internet bank
2. On the menu bar click “Settings”
3. In column “Settings” select “User rights and limits”
4. In the User list click the User whose rights you want to change
5. In the window that will open click “Change user rights”
6. Tick or untick the checkbox, which has “General rights of company” next to it
7. Click “Continue”
8. Check the data and authorize the changes using your authentication tool

The User, which is modifying User rights, must have Administrator right.

• Right to access Consolidated payment report

  The right to access the consolidated payment report allows to view the beneficiary list. If the User also has the right to make and view payments, they can view the consolidated order report.

• Right to loan disbursement application

  The right to initiate credit disbursement to the account indicated in the credit agreement (credit disbursement account). The User may initiate the credit disbursement to a third-party account only if the User is granted an additional right to make payments from the bank account (credit disbursement account).

• Right to submit trade finance applications

  The right to submit applications and amendments of a bank guarantee, a letter of credit and documentary collection.

• Right to access Factoring Client Manager portal

  The right to access Factoring Client Manager portal to view factoring agreements and invoices data, factoring related reports and to submit invoices and/or other requests if agreed with the Bank.

• Right to access e-documents portal

  The right to view and download all digitally signed documents on behalf of the company and upload documents to be sent to the Bank.

• Right to access Data on the Legal Entity

  The right to view and prepare changes in the customer questionnaire (Know Your Customer data sheet). The User is only permitted to make draft changes to the questionnaire, which later has to be approved by the company's general manager or representative.

How to grant/revoke User rights

1. Log in to your company’s Internet bank
2. On the menu bar click “Settings”
3. In column “Settings” select “User rights and limits”
4. In the User list click the User whose rights you want to change
5. In the window that will open click “Change user rights”
6. Tick or untick the checkboxes next to each respective right
7. Click “Continue”
8. Check the data and approve the new settings using your log-in tool

• Right to view account balance
• Right to view all credited amounts
• Right to view all debited amounts
• Right to view account-related services

  Holders of this particular right can view account-related services, i.e.

  • e-bills and periodic payments information
  • debit card agreements
  • information on deposits
  • SMS service agreements
  • payment by card statements
  • Information on other account-related services
• Right to conclude/change account-related services

  Holders of this particular right can order and/or change account-related services, i.e.

  • order e-bills and automated e-bill payment
  • conclude / terminate debit card agreements, including card blocking
  • conclude deposit agreements
  • conclude periodic payment agreements
  • order SMS service
  • conclude other account-related services agreements
• Right to make payments
  • transfer funds to accounts within Lithuania and in foreign countries and execute currency exchange transactions.

    The Administrator can assign signing weights for every User in percentage (i.e. 25%, 50%, 75%, 100%). The overall sum of the signing weights must total up to 100% (i.e. one User is assigned 25%, while another is assigned 75%), unless additional or different signing rules are set in place (i.e. payment sum up to 5000 EUR requires 75% signing weight, while payment sum from 5000 EUR requires 100% signing weight).

  • the Administrator is able to assign daily and monthly limits for each Internet bank User
  • temporary limits may be set: the Administrator will be able to temporarily increase or decrease a daily and/or monthly limit, set its validity period

How to grant/revoke account-related rights granted to the User

1. Log in to your company’s Internet bank
2. On the menu bar click “Settings”
3. In column “Settings” select “User rights and limits”
4. In the User list click the User whose rights you want to change
5. In the window that will open click “Change user rights”
6. The rights granted to the User are revoked. Tick or untick the respective rights you want adjusted

   Each account may be assigned different rights, independently of pre-assigned rights to other Internet bank Users.
   If you want to grant the User full rights to manage all the accounts, click “Granting full rights”. To withdraw the full rights, click “Withdrawal of full rights”.

7. Click “Continue”
8. Check the data and approve the new settings using your log-in tool

What are payment signing rights?

Payment signing rights are a set percentage, which is granted to the User in order to sign payments. There are five possible signing rights that can be assigned: 0%, 25%, 50%, 75%, 100%.

How do they work?

You are able to set up a requirement, that a singular User or Users (if there are several signers) are required to comply with, i.e. payments from 5000 EUR require a 50% signing right to be executed, while payments from 10000 EUR require a 100% signing right to be executed.

Why are they useful?

Signing rights, which are set up correctly, help to mitigate risks and ensure security for all Users, while using Internet bank. The functionality helps to create restrictions for certain categories of payments, which helps to set up a "four-eye" principle.
If no signing rights are defined within Internet bank, all Users with the ownership of Right to make payments are assigned 100% signing rights by default.

How to enable the functionality

1. Log in to your company’s Internet bank
2. On the menu bar click “Settings”
3. In column “Settings” select “User rights and limits”
4. In the upper part of the screen click on "Signing settings for accounts" tab
5. Choose the account, for which you want the rights to apply to
6. Create the signing right categories that you require

   I.e. in the column "For amounts from" type in 5000 EUR in the 50% signing right row and 10000 EUR in the 100% signing right row. This makes it so every payment from 5000 EUR will require an overall signing right of 50% to be executed and all payments above 10000 EUR will require an overall signing right of 100% to be executed.

7. Click “Continue”
8. Check the data and approve the new settings using your log-in tool

After completion of the aforementioned steps, please navigate to the User rights and limits menu, and perform the following steps

1. Select the User, for which you wish to assign a signing right for
2. Click "Change user rights" and navigate to the column titled "Signing rights"
3. Use the dropdown menu in the "Signing rights" column, to select the weight in percentages

   Make sure to consider whether it is necessary for Users to have 100% signing rights assigned to them in the perspective of their responsibilities using Internet bank. We strongly suggest having 100% signing rights assigned only to highest-ranking officers.

4. Click "Continue"
5. Check the data and approve the new settings using your log-in tool