Skip to content

Cross-checked against the FCA + EBA registers

Licensed EMIsSee verified EMIs

UAB "BW SYSTEM OU"

Lithuania
Not yet ratedActiveEMI
View on register

Regulator

Bank of Lithuania

Licence number

LB002079

Authorised since

29 Apr 2021

EEA passports

0

Profile rates

Data-derived · A is broadest

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

Reach
DomesticTier D

No EEA passporting on record.

Scope
Multi-serviceTier B

Authorised for 5 payment-services activities.

Tenure
MatureTier B

Authorised 5 years ago.

About this institution

Verified active. UAB "BW SYSTEM OU" holds licence LB002079 issued by the Bank of Lithuania, as recorded in the national register.

The entity is authorised to provide cash withdrawal services on a payment account, issue electronic money, issue payment instruments, acquire payment transactions, safeguard customer funds and execute payment transactions on a payment account. These activities are listed verbatim in the register and are the core of the institution's electronic money licence.

No EEA passporting is on record for this licence, and the register lists no host states for cross-border operations. The licence was granted on 29 April 2021 and the Bank of Lithuania retains the active status as at the last cross-check. The register confirms the licence reference LB002079 and the operational status as active.

Licence timeline

3 dated events

Dated events for UAB "BW SYSTEM OU", from the register record and this directory’s daily cross-checks. Status changes are recorded as they are observed.

  1. Cross-checked against the Bank of Lithuania register

    Automated daily verification of licence status and reference.

  2. First verified and added to this directory

  3. Licence granted by the Bank of Lithuania

Position in the Lithuania register

Lithuania EMIs

102

Active

102

Full / small licences

94 / 8

Licence age rank

90/102

UAB "BW SYSTEM OU" is one of 102 e-money institutions on the Lithuania register, 102 of which are currently active. Its licence is the 90th oldest of the 102 dated Lithuania EMI authorisations, one of 12 granted in 2021.

Is your money safe with UAB "BW SYSTEM OU"?

UAB "BW SYSTEM OU" holds an e-money authorisation 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.

How e-money safeguarding works → Verify on the register →

Authorised activities (PSD2 / EMD2)

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

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

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.

Other licensed institutions in Lithuania

View all institutions in Lithuania →

Registered office

Street
Ozo g. 12A-1
City
Vilnius, LT-08200

Ratings & reader notes

0 written notes

Share what you know about UAB "BW SYSTEM OU". 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.