Profile rates
Data-derived · A is broadestThree named tiers comparing this institution against the rest of the European register.
- Reach
- DomesticTier D
- Scope
- Multi-serviceTier B
- Tenure
- MatureTier B
No EEA passporting on record.
Authorised for 5 payment-services activities.
Authorised 9 years ago.
About this institution
Verified active. Telia Lietuva, AB is a small electronic money institution authorized by the Bank of Lithuania under reference LB000257. Its licence covers issuing payment instruments and acquiring payment transactions. It also issues electronic money, safeguards funds, executes transactions on a payment account, and offers cash withdrawals on that account.
Cross-border passporting is not listed for this licence.
Licence granted on 13 October 2016; status remains active. The register lists Telia Lietuva, AB as an authorised small electronic money institution under reference LB000257, with status active as at the last cross-check.
Licence timeline
3 dated eventsDated events for Telia Lietuva, AB, from the register record and this directory’s daily cross-checks. Status changes are recorded as they are observed.
Cross-checked against the Bank of Lithuania register
Automated daily verification of licence status and reference.
First verified and added to this directory
Small EMI registration granted by the Bank of Lithuania
Position in the Lithuania register
Lithuania EMIs
102
Active
102
Full / small licences
94 / 8
Licence age rank
8/102
Telia Lietuva, AB is one of 102 e-money institutions on the Lithuania register, 102 of which are currently active. Its licence is the 8th oldest of the 102 dated Lithuania EMI authorisations, one of 5 granted in 2016. As a small-EMI registration it operates domestically only - 8 of the 102 Lithuania entries use this lighter regime.
Is your money safe with Telia Lietuva, AB?
Telia Lietuva, AB holds a small-EMI registration from Bank of Lithuania, which means client money must be safeguarded: held separately from the firm's own funds at a credit institution, or covered by an equivalent insurance policy. E-money is not a bank deposit - it is not covered by a national deposit guarantee scheme, so there is no automatic compensation payout if the firm fails.
If an authorised EMI becomes insolvent, safeguarded funds sit outside the insolvency estate and are returned to customers by the administrator - repayment can take time, and administration costs may be deducted along the way. Small-EMI regimes are national and domestic-only; the exact safeguarding arrangements are worth confirming with the firm and its regulator.
Authorised activities (PSD2 / EMD2)
Payment-services activities Telia Lietuva, AB is permitted to carry out under its licence, as recorded in the register.
- Cash withdrawal services on a payment accountPSD2_2
- Safeguarding of customer fundsSAFEGUARDING
- Issuing payment instruments and acquiring payment transactionsPSD2_5
- Execution of payment transactions on a payment accountPSD2_3
- Issuance of electronic moneyEMI_ISSUANCE
Frequently asked questions
- Is Telia Lietuva, AB a licensed e-money institution?
- Yes. Telia Lietuva, AB holds Small EMI authorisation from Bank of Lithuania in Lithuania, licence reference LB000257. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.
- Who regulates Telia Lietuva, AB?
- Telia Lietuva, AB 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 Telia Lietuva, AB's licence or FRN number?
- Telia Lietuva, AB's licence reference number is LB000257. 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.
Sourced from the FCA Financial Services Register and the EBA EUCLID register; cross-checked daily.
Other licensed institutions in Lithuania
Registered office
- Street
- Lvovo str. 25
- City
- Vilnius, LT-03501
Ratings & reader notes
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