Electronic Money Institution license in Lithuania

What is an EMI authorization in Lithuania?
- place monetary resources in actual accounts;
- render withdrawal services;
- perform payment transactions and transfer funds between accounts;
- make debit and credit transfers;
- issue payment instruments and provide acquiring.

Benefits of receiving an EMI right in Lithuania with fintecharbor.com
Steps to get an EMI approval
Reviews
FAQ
Cost of receiving an EMI license
The final price depends on the volume of assistance supplied and is discussed in each individual case. In any case, the following expenses should be planned: enrollment of a legal entity in any form with authorized capital, opening a bank account in the name of the enterprise, enrollment of a real place of business in the state, and hiring local staff.
Legal support is also required for the preparation of the charter, protocols of the board meetings, internal compliance and AML policies, and direct filing of applications with government agencies. We will be happy to advise you in detail on getting a Lithuanian electronic money institution and supply a detailed calculation based on your specific requests.
Additional benefits, such as opening an additional bank account in a European bank, integration and getting membership of SWIFT and BIC code, software development and service integration, accounting services, recruitment, marketing development, branding, etc. provided individually by independent vendors.