An operating Lithuanian electronic money institution is offered for acquisition of all shares, with an existing euro-payment environment and customer-account capabilities.
Regulatory Scope
The partner reports Bank of Lithuania authorisation, direct CENTROlink access for SCT, SCT Inst and SDD, and customer IBAN capability. Exact services and EEA notifications are set out in the permission file.
Included Assets and Records
- Safeguarding arrangements in Lithuania and Poland
- Ledger and reconciliation infrastructure
- Director, CIO and MLRO available on agreed terms
- Financial, payment and regulatory records
Acquisition Review
Payment-system participation, account designations and safeguarding balances require verification. Personnel retention and counterparty continuity are agreed during transaction review.
Commercial terms: Available on request, subject to current availability and due diligence.