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Licensed EMIsSee verified EMIs

UAB „Elektroninių pinigų bitė“

Lithuania
Not yet ratedActiveSmall EMI
View on register

Licence number

LB000422

Authorised since

11 Sept 2017

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 9 years ago.

About this institution

Verified active. UAB „Elektroninių pinigų bitė" holds a Small EMI licence from the Bank of Lithuania, reference LB000422. The licence authorises safeguarding of customer funds, money remittance, execution of payment transactions on a payment account, issuing and acquiring payment instruments, and issuance of electronic money. No EEA passporting states are listed in the register. The Bank of Lithuania, reference LB000422, lists the entity as active as of the last cross-check.

Licence timeline

3 dated events

Dated events for UAB „Elektroninių pinigų bitė“, 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. Small EMI registration granted by the Bank of Lithuania

Position in the Lithuania register

Lithuania EMIs

102

Active

102

Full / small licences

94 / 8

Licence age rank

14/102

UAB „Elektroninių pinigų bitė“ is one of 102 e-money institutions on the Lithuania register, 102 of which are currently active. Its licence is the 14th oldest of the 102 dated Lithuania EMI authorisations, one of 15 granted in 2017. As a small-EMI registration it operates domestically only - 8 of the 102 Lithuania entries use this lighter regime.

Is your money safe with UAB „Elektroninių pinigų bitė“?

UAB „Elektroninių pinigų bitė“ holds a small-EMI registration 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. Small-EMI regimes are national and domestic-only; the exact safeguarding arrangements are worth confirming with the firm and its regulator.

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

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
  • Safeguarding of customer fundsSAFEGUARDING
  • Execution of payment transactions on a payment accountPSD2_3
  • Money remittancePSD2_6
  • Issuance of electronic moneyEMI_ISSUANCE

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

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Registered office

Street
Šv. Ignoto str. 5
City
Vilnius, LT-01144

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