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 5 years ago.
About this institution
Verified active against the Bank of Lithuania register. UAB "Elektroninių pinigų bitė" holds licence reference LB002088, granted 3 June 2021. The entity is authorised to execute payment transactions on a payment account, issue electronic money, issue payment instruments and acquire payment transactions, conduct money remittance services, and safeguard customer funds. All five activity categories are recorded in the current licence.
The register lists no EEA passporting notifications. The entity operates under its Lithuanian authorisation only and has not notified host state regulators in other EEA member states as at the last cross-check.
Data note: the entity's authorisation continues as active in the Bank of Lithuania records. No cross-border passporting activity is on record.
Authorised activities (PSD2 / EMD2)
Payment-services activities UAB „Elektroninių pinigų bitė“ is permitted to carry out under its licence, as recorded in the register.
- Execution of payment transactions on a payment accountPSD2_3
- Issuing payment instruments and acquiring payment transactionsPSD2_5
- Money remittancePSD2_6
- Safeguarding of customer fundsSAFEGUARDING
- Issuance of electronic moneyEMI_ISSUANCE
Frequently asked questions
- Is UAB „Elektroninių pinigų bitė“ a licensed e-money institution?
- Yes. UAB „Elektroninių pinigų bitė“ holds EMI authorisation from Bank of Lithuania in Lithuania, licence reference LB002088. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.
- Who regulates UAB „Elektroninių pinigų bitė“?
- UAB „Elektroninių pinigų bitė“ 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 „Elektroninių pinigų bitė“'s licence or FRN number?
- UAB „Elektroninių pinigų bitė“'s licence reference number is LB002088. 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
- Šv. Ignoto str.
- City
- Vilnius, 01144
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