myTU is an Android application that provides a convenient mobile banking platform. It offers an IBAN account and a payment card for you and your family members including kids aged from 7 to 17 years.
Registration
After the first launch, you will be prompted to create and verify a personal account. You have to provide a photo of a valid passport or ID card. It is also necessary to specify your birth date. In addition, it is possible to try a demo, to test the services beforehand.
Banking platform
The application provides access to a convenient mobile banking platform that is licensed by the Bank of Lithuania. There is a secure authorization procedure with biometric data and protected asymmetric keys.
myTU allows you to open a free European IBAN account and issue a payment card. It offers general banking services such as receiving salary, topping up balance, paying bills and transferring funds with no additional fees. You can withdraw up to 200 euro per month from any ATM.
Furthermore, it is possible to create a separate account and a payment card for kids aged 7 to 17. It can be remotely managed by parents with automated daily allowances, instant money transfers and real-time monitoring of financial activity.
Features
- is a banking platform just like CBQ Mobile;
- provides basic financial services;
- it is possible to create an IBAN account for kids;
- app is free to download and use;
- compatible with current Android versions.