UAB SatchelPay

About this institution

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

1. 01 Oct 2026

   Cross-checked against the Bank of Lithuania register

   Automated daily verification of licence status and reference.

2. 06 Jul 2026

   First verified and added to this directory

3. 06 Mar 2018

   Licence granted by the Bank of Lithuania

Position in the Lithuania register

UAB SatchelPay is one of 102 e-money institutions on the Lithuania register, 102 of which are currently active. Its licence is the 29th oldest of the 102 dated Lithuania EMI authorisations, one of 21 granted in 2018.

Is your money safe with UAB SatchelPay?

UAB SatchelPay 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 →

Under the EU passporting regime, UAB SatchelPay can provide services across the following EEA jurisdictions, in addition to its home authorisation in Lithuania.

• Iceland7
• Ireland7
• Bulgaria7
• Slovakia7
• Greece7
• Estonia7
• Netherlands7
• Romania7
• Germany7
• France7
• Latvia7
• Malta7
• Norway7
• Sweden7
• Liechtenstein7
• Cyprus7
• Poland7
• Croatia7
• Portugal7
• Czech Republic7
• Luxembourg7
• Italy7
• Denmark7
• Belgium7
• Spain7
• Slovenia7
• Austria7
• Finland7
• Hungary7

Authorised activities (PSD2 / EMD2)

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

• ✓Safeguarding of customer fundsSAFEGUARDING
• ✓Execution of payment transactions on a payment accountPSD2_3
• ✓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 SatchelPay a licensed e-money institution?

Yes. UAB SatchelPay holds EMI authorisation from Bank of Lithuania in Lithuania, licence reference LB000448. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.

Who regulates UAB SatchelPay?

UAB SatchelPay 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 SatchelPay's licence or FRN number?

UAB SatchelPay's licence reference number is LB000448. 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.

Is UAB SatchelPay authorised in other EEA countries?

Yes. UAB SatchelPay is passported to 29 EEA jurisdictions, meaning it can provide e-money and payment services across those countries on its home authorisation.

Sourced from the FCA Financial Services Register and the EBA EUCLID register; cross-checked daily.

Other licensed institutions in Lithuania

• Akcinė bendrovė Lietuvos paštas
• AWX Lithuania, UAB
• Bebawa, UAB
• BEM Europe
• CBI Money, UAB
• Clearshift, UAB
• Contomobile UAB
• Corporate Services UAB

View all institutions in Lithuania →

Registered office

Street

Upės str. 21-1

City

Vilnius, LT-08128