Is UAB "Settek" a licensed e-money institution?

Yes. UAB "Settek" holds EMI authorisation from Bank of Lithuania in Lithuania, licence reference LB001940. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.

Who regulates UAB "Settek"?

UAB "Settek" 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 "Settek"'s licence or FRN number?

UAB "Settek"'s licence reference number is LB001940. 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.

SELT

UAB "Settek"

No reader notes yetActiveEMI

View on register

Regulator

Bank of Lithuania

Licence number

LB001940

Authorised since

13 Dec 2019

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: SpecialistTier C
Tenure: MatureTier B

About this institution

Verified active. UAB "Synek" holds a current licence as an electronic money institution under Lithuanian regulation, cross-checked against the Bank of Lithuania register under reference LB001940. The entity is authorised to execute payment transactions on a payment account, issue electronic money, issue payment instruments, acquire payment transactions, and safeguard customer funds. This scope encompasses the core e-money activities but excludes money remittance services and distribution or redemption of e-money through third parties.

The licence carries no recorded EEA passporting reach. As recorded in the register, the entity operates within Lithuania only and has not notified other member states of its intention to provide services on a cross-border basis. No host-state authorisations are listed.

Data note: the register does not record the date on which passporting notifications were submitted or accepted, if any. The entity's authorisation continues as active as at the last cross-check. The Bank of Lithuania licence reference LB001940, granted 13 December 2019, remains the authoritative record.

Authorised activities (PSD2 / EMD2)

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

Issuing payment instruments and acquiring payment transactionsPSD2_5
Issuance of electronic moneyEMI_ISSUANCE
Execution of payment transactions on a payment accountPSD2_3
Safeguarding of customer fundsSAFEGUARDING

Frequently asked questions

Is UAB "Settek" a licensed e-money institution?: Yes. UAB "Settek" holds EMI authorisation from Bank of Lithuania in Lithuania, licence reference LB001940. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.
Who regulates UAB "Settek"?: UAB "Settek" 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 "Settek"'s licence or FRN number?: UAB "Settek"'s licence reference number is LB001940. 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.

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Registered office

Street: Mėsinių g. 5
City: Vilnius, 01133

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