Is Newrails, UAB a licensed e-money institution?

Yes. Newrails, UAB holds EMI authorisation from Bank of Lithuania in Lithuania, licence reference LB001967. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.

Who regulates Newrails, UAB?

Newrails, UAB is authorised and supervised by Bank of Lithuania in Lithuania. Its e-money licence and current status are listed on the EBA EUCLID register at euclid.eba.europa.eu.

What is Newrails, UAB's licence or FRN number?

Newrails, UAB's licence reference number is LB001967. Enter it on the EBA EUCLID register at euclid.eba.europa.eu to confirm the institution's identity and that its authorisation is in force.

Is Newrails, UAB authorised in other EEA countries?

Yes. Newrails, UAB is passported to 29 EEA jurisdictions, meaning it can provide e-money and payment services across those countries on its home authorisation.

NELT

Newrails, UAB

3.0(147 notes)ActiveEMI

View on register

Regulator

Bank of Lithuania

Licence number

LB001967

Authorised since

04 Jun 2020

EEA passports

Profile rates

Data-derived · A is broadest

Three named tiers comparing this institution against the rest of the European register.

Reach: Pan-EuropeanTier A
Scope: SpecialistTier C
Tenure: MatureTier B

About this institution

Verified active. Newrails, UAB holds a current e-money licence issued by the Bank of Lithuania on 4 June 2020. The entity is authorised to execute payment transactions on a payment account, issue electronic money, issue payment instruments and acquire payment transactions, and safeguard customer funds. Licence reference LB001967 confirms this scope across all four authorised activities.

The licence extends across 29 EEA host states. Newrails operates under passporting rights in Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, and Sweden. This geographic reach reflects the full set of host-state notifications on record with the Bank of Lithuania.

The entity's authorisation continues as active according to the most recent register cross-check. Bank of Lithuania holds the current licence under reference LB001967.

EEA passporting

29 jurisdictions

Under the EU passporting regime, Newrails, UAB can provide services across the following EEA jurisdictions, in addition to its home authorisation in Lithuania.

Slovenia6
Cyprus6
Liechtenstein6
Slovakia6
Bulgaria6
Portugal6
Croatia6
Italy6
Poland6
Norway6
Latvia6
Greece6
Romania6
Estonia6
Austria6
France6
Netherlands6
Finland6
Iceland6
Germany6
Ireland6
Luxembourg6
Sweden6
Malta6
Denmark6
Spain6
Belgium6
Czech Republic6
Hungary6

Authorised activities (PSD2 / EMD2)

Payment-services activities Newrails, UAB is permitted to carry out under its licence, as recorded in the register.

Issuance of electronic moneyEMI_ISSUANCE
Issuing payment instruments and acquiring payment transactionsPSD2_5
Safeguarding of customer fundsSAFEGUARDING
Execution of payment transactions on a payment accountPSD2_3

Frequently asked questions

Is Newrails, UAB a licensed e-money institution?: Yes. Newrails, UAB holds EMI authorisation from Bank of Lithuania in Lithuania, licence reference LB001967. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.
Who regulates Newrails, UAB?: Newrails, UAB is authorised and supervised by Bank of Lithuania in Lithuania. Its e-money licence and current status are listed on the EBA EUCLID register at euclid.eba.europa.eu.
What is Newrails, UAB's licence or FRN number?: Newrails, UAB's licence reference number is LB001967. Enter it on the EBA EUCLID register at euclid.eba.europa.eu to confirm the institution's identity and that its authorisation is in force.
Is Newrails, UAB authorised in other EEA countries?: Yes. Newrails, UAB is passported to 29 EEA jurisdictions, meaning it can provide e-money and payment services across those countries on its home authorisation.

Sourced from the FCA Financial Services Register and the EBA EUCLID register; cross-checked daily.

Other licensed institutions in Lithuania

View all institutions in Lithuania →

Registered office

Street: Švitrigailos str. 11C
City: Vilnius, LT-03228

Reader notes

0 published

Share what you know about Newrails, UAB. Guest comments - no account required. Be kind and on-topic.

No reader notes yet. Be the first to share what you know about this institution.