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 8 years ago.
About this institution
Verified active. UAB "Elektroninių pinigų bitė" holds a current licence as a Small EMI, cross-checked against the Bank of Lithuania register. The entity is authorised to execute payment transactions on a payment account, issue electronic money, issue payment instruments and acquire payment transactions, remit money, and safeguard customer funds. These five authorised activities define the scope of the licence granted in September 2017.
The register lists no EEA passporting reach. The entity operates within Lithuania only and has not notified its intention to passport services to other member states. This operational boundary appears consistent with its Small EMI classification.
Data note: the register records do not indicate any active cross-border passporting notifications as of the last cross-check. The entity's authorisation continues under reference LB000422 with the Bank of Lithuania, operational status active.
Authorised activities (PSD2 / EMD2)
Payment-services activities UAB „Elektroninių pinigų bitė“ is permitted to carry out under its licence, as recorded in the register.
- Issuing payment instruments and acquiring payment transactionsPSD2_5
- Execution of payment transactions on a payment accountPSD2_3
- Issuance of electronic moneyEMI_ISSUANCE
- Safeguarding of customer fundsSAFEGUARDING
- Money remittancePSD2_6
Frequently asked questions
- Is UAB „Elektroninių pinigų bitė“ a licensed e-money institution?
- Yes. UAB „Elektroninių pinigų bitė“ holds Small EMI authorisation from Bank of Lithuania in Lithuania, licence reference LB000422. 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 LB000422. 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. 5
- City
- Vilnius, LT-01144
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