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Licensed EMIsSee verified EMIs

UAB Travel Union

Lithuania
4.0(145 ratings)ActiveEMI
View on register

Licence number

LB001966

Authorised since

04 Jun 2020

EEA passports

29

Profile rates

Data-derived · A is broadest

Three named tiers comparing this institution against the rest of the European register.

Reach
Pan-EuropeanTier A

Passports into 29 EEA jurisdictions.

Scope
Multi-serviceTier B

Authorised for 5 payment-services activities.

Tenure
MatureTier B

Authorised 6 years ago.

About this institution

Verified active. UAB Travel Union holds a current Lithuanian e-money licence issued by the Bank of Lithuania. The licence authorises safeguarding of customer funds, cash withdrawal services on a payment account, issuance of electronic money, execution of payment transactions on a payment account, and issuing payment instruments and acquiring payment transactions.

The licence passported into 29 EEA host states. Those states include Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain and Sweden.

Licence granted on 4 June 2020. The Bank of Lithuania lists the entity's authorisation as active. Bank of Lithuania, reference LB001966, verified active as at the last cross-check.

Licence timeline

3 dated events

Dated events for UAB Travel Union, 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. Licence granted by the Bank of Lithuania

Position in the Lithuania register

Lithuania EMIs

102

Active

102

Full / small licences

94 / 8

Licence age rank

73/102

UAB Travel Union is one of 102 e-money institutions on the Lithuania register, 102 of which are currently active. Its licence is the 73rd oldest of the 102 dated Lithuania EMI authorisations, one of 17 granted in 2020.

Is your money safe with UAB Travel Union?

UAB Travel Union 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 →

EEA passporting

29 jurisdictions

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

  • LatviaLatvia7
  • EstoniaEstonia7
  • SwedenSweden7
  • SpainSpain7
  • IrelandIreland7
  • RomaniaRomania7
  • SloveniaSlovenia7
  • LuxembourgLuxembourg7
  • NorwayNorway7
  • FranceFrance7
  • GermanyGermany7
  • BelgiumBelgium7
  • IcelandIceland7
  • CyprusCyprus7
  • PolandPoland7
  • ItalyItaly7
  • LiechtensteinLiechtenstein7
  • PortugalPortugal7
  • FinlandFinland7
  • GreeceGreece7
  • DenmarkDenmark7
  • CroatiaCroatia7
  • SlovakiaSlovakia7
  • HungaryHungary7
  • NetherlandsNetherlands7
  • BulgariaBulgaria7
  • Czech RepublicCzech Republic7
  • MaltaMalta7
  • AustriaAustria7

Authorised activities (PSD2 / EMD2)

Payment-services activities UAB Travel Union 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
  • Cash withdrawal services on a payment accountPSD2_2

Frequently asked questions

Is UAB Travel Union a licensed e-money institution?
Yes. UAB Travel Union holds EMI authorisation from Bank of Lithuania in Lithuania, licence reference LB001966. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.
Who regulates UAB Travel Union?
UAB Travel Union 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 Travel Union's licence or FRN number?
UAB Travel Union's licence reference number is LB001966. 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 Travel Union authorised in other EEA countries?
Yes. UAB Travel Union 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

View all institutions in Lithuania →

Registered office

Street
Saulėtekio alėja 17, Vilnius
City
Vilnius, 10224

Ratings & reader notes

145 ratings · 0 written notes

4.0(145 ratings)
  • 5★75
  • 4★30
  • 3★18
  • 2★7
  • 1★15

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