Is UAB "BW SYSTEM OU" a licensed e-money institution?

Yes. UAB "BW SYSTEM OU" holds EMI authorisation from Bank of Lithuania in Lithuania, licence reference LB002079. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.

Who regulates UAB "BW SYSTEM OU"?

UAB "BW SYSTEM OU" 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 "BW SYSTEM OU"'s licence or FRN number?

UAB "BW SYSTEM OU"'s licence reference number is LB002079. 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.

BWLT

UAB "BW SYSTEM OU"

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View on register

Regulator

Bank of Lithuania

Licence number

LB002079

Authorised since

29 Apr 2021

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 "BW SYSTEM OU" holds a current licence issued by the Bank of Lithuania on 29 April 2021. The entity is cross-checked against the Lithuanian financial regulator under reference LB002079. The licence authorises five distinct activity classes: cash withdrawal services on a payment account, execution of payment transactions on a payment account, issuance of electronic money, issuing payment instruments and acquiring payment transactions, and safeguarding of customer funds.

The register lists no EEA passporting activity. The entity operates within Lithuania only and holds no recorded host-state authorisation beyond its home jurisdiction.

Data note: the register records no cross-border passporting reach as at the last cross-check. The entity's authorisation continues in active status under the Bank of Lithuania, reference LB002079.

Authorised activities (PSD2 / EMD2)

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

Issuance of electronic moneyEMI_ISSUANCE
Execution of payment transactions on a payment accountPSD2_3
Issuing payment instruments and acquiring payment transactionsPSD2_5
Safeguarding of customer fundsSAFEGUARDING
Cash withdrawal services on a payment accountPSD2_2

Frequently asked questions

Is UAB "BW SYSTEM OU" a licensed e-money institution?: Yes. UAB "BW SYSTEM OU" holds EMI authorisation from Bank of Lithuania in Lithuania, licence reference LB002079. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.
Who regulates UAB "BW SYSTEM OU"?: UAB "BW SYSTEM OU" 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 "BW SYSTEM OU"'s licence or FRN number?: UAB "BW SYSTEM OU"'s licence reference number is LB002079. 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: Ozo g. 12A-1
City: Vilnius, LT-08200

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