Is DRUSVALAS a licensed e-money institution?

Yes. DRUSVALAS holds EMI authorisation from Bank of Lithuania in Lithuania, licence reference LB002122. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.

Who regulates DRUSVALAS?

DRUSVALAS 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 DRUSVALAS's licence or FRN number?

DRUSVALAS's licence reference number is LB002122. 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.

DRLT

DRUSVALAS

Legal name: UAB "DRUSVALAS"

No reader notes yetActiveEMI

View on register

Regulator

Bank of Lithuania

Licence number

LB002122

Authorised since

21 Dec 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: GrowingTier C

About this institution

Verified active. DRUSVALAS holds a current e-money licence issued by the Bank of Lithuania on 21 December 2021. The entity operates under reference LB002122. Cross-checked against the Lithuanian financial regulator's records, the licence authorises a broad activity scope: cash deposit and withdrawal services on payment accounts, execution of payment transactions, issuance of electronic money, issuing payment instruments and acquiring payment transactions, money remittance services, and safeguarding of customer funds.

The register lists zero EEA host states under passporting rights. DRUSVALAS is not recorded as having notified the Bank of Lithuania of an intention to passport services into other member states.

As recorded in the Bank of Lithuania's register, DRUSVALAS operates as an active e-money institution within Lithuania. The operational status is active as at the last cross-check. The entity's authorisation continues under licence reference LB002122.

Authorised activities (PSD2 / EMD2)

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

Execution of payment transactions on a payment accountPSD2_3
Issuance of electronic moneyEMI_ISSUANCE
Safeguarding of customer fundsSAFEGUARDING
Issuing payment instruments and acquiring payment transactionsPSD2_5
Cash deposit services on a payment accountPSD2_1
Cash withdrawal services on a payment accountPSD2_2
Money remittancePSD2_6

Frequently asked questions

Is DRUSVALAS a licensed e-money institution?: Yes. DRUSVALAS holds EMI authorisation from Bank of Lithuania in Lithuania, licence reference LB002122. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.
Who regulates DRUSVALAS?: DRUSVALAS 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 DRUSVALAS's licence or FRN number?: DRUSVALAS's licence reference number is LB002122. 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: Naugarduko str. 19
City: Vilnius, 03226

Reader notes

0 published

Share what you know about DRUSVALAS. 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.