Is UAB "Bitė Lietuva" a licensed e-money institution?

Yes. UAB "Bitė Lietuva" holds Small EMI authorisation from Bank of Lithuania in Lithuania, licence reference LB000254. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.

Who regulates UAB "Bitė Lietuva"?

UAB "Bitė Lietuva" 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 UAB "Bitė Lietuva"'s licence or FRN number?

UAB "Bitė Lietuva"'s licence reference number is LB000254. 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.

UAB "Bitė Lietuva"

No reader notes yetActiveSmall EMI

View on register

Regulator

Bank of Lithuania

Licence number

LB000254

Authorised since

29 Sept 2016

EEA passports

Profile rates

Data-derived · A is broadest

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

Reach: DomesticTier D
Scope: Multi-serviceTier B
Tenure: MatureTier B

About this institution

Verified active. UAB "Bitė Lietuva" holds a current Small EMI licence issued by the Bank of Lithuania on 29 September 2016. The entity's authorisation scope covers execution of payment transactions on a payment account, execution of payment transactions where funds are covered by credit line, issuance of electronic money, issuing payment instruments and acquiring payment transactions, money remittance, and safeguarding of customer funds. This breadth of activity reflects a full-service e-money operation within the Lithuanian regulatory framework.

Cross-checked against the Bank of Lithuania register, the entity operates without EEA passporting rights. No host states beyond Lithuania are listed in the current record. This indicates the licence does not extend the entity's authorised activities into other EEA jurisdictions through the passporting mechanism.

Data note: the register contains no record of EEA passporting reach. Operational status remains active as at the last cross-check. The Bank of Lithuania licence reference LB000254 confirms the entity's standing under Lithuanian e-money supervision.

Authorised activities (PSD2 / EMD2)

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

Safeguarding of customer fundsSAFEGUARDING
Issuance of electronic moneyEMI_ISSUANCE
Execution of payment transactions on a payment accountPSD2_3
Execution of payment transactions where funds are covered by credit linePSD2_4
Issuing payment instruments and acquiring payment transactionsPSD2_5
Money remittancePSD2_6

Frequently asked questions

Is UAB "Bitė Lietuva" a licensed e-money institution?: Yes. UAB "Bitė Lietuva" holds Small EMI authorisation from Bank of Lithuania in Lithuania, licence reference LB000254. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.
Who regulates UAB "Bitė Lietuva"?: UAB "Bitė Lietuva" 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 UAB "Bitė Lietuva"'s licence or FRN number?: UAB "Bitė Lietuva"'s licence reference number is LB000254. 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.

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Registered office

Street: Žemaitės str. 15
City: Vilnius, LT-03504

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