OMW Europe Limited (trading as OneMoneyWay) was established in 2021 with an idea of making business accounts easy and accessible for small businesses. OMW Europe is focused on global payments and transfers for businesses. The company offers business IBAN accounts, corporate cards, currency exchange, payment terminals, payment acquiring to companies, merchants. OneMoneyWay acts as a Technical Services Provider of Payment card Solutions (UK) Limited trading as B4B Payments, authorised by the FCA UK to conduct e-money service activities under the Electronic Money Regulations 2011 (Ref: 930619). UAB B4B Payments Europe is authorised by the Bank of Lithuania as an E-Money Institution (Licence No: 76) under the Law on Electronic Money and Electronic Money Institutions 2011.
facilitating global payment transactions UAB SatchelPay (Lithuania) is an electronic money institution authorized and regulated by the Bank of Lithuania. Satchel is focused on facilitating global payment transactions. The company offers virtual personal IBAN accounts, virtual business IBAN accounts, merchant accounts with IBAN, physical prepaid cards, virtual prepaid cards, currency exchange, international payments, software development, white-label solutions, white-label card issuing to private individuals, international businesses, financial institutions, online merchants, legal entities, entrepreneurs. In 2023 UAB SatchelPay total safeguarded customer funds were 32.62 mln EUR and revenue was 2.91 mln EUR. Satchel is ranked #2 EMI in Europe. UAB SatchelPay is doing business as Satchel.
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| Currency | EUR, GBP, USD and 2 more | EUR, GBP, CHF and 20 more |
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| Payment Cards | physical virtual | physical virtual |
| Dedicated IBAN | available (DK, DE, LU, GB IBAN) | available (LT IBAN) |
| UK Account Number | available | not available |
| Customer Groups | UK, EEA based | EU based non-EU based |
| Pricing Plans | Starter Business | EU non-EU |
| Open Account | Open Account |
Business Account is a multi-currency account, allowing the account holder to have funds in the following currencies: EUR, GBP, USD, DKK, SEK.
Business Current Account is a multi-currency account, allowing the account holder to have funds in the following currencies: EUR, GBP, CHF, AED, AUD, BGN, CZK, DKK, HKD, HRK, HUF, ILS, JPY, NZD, PLN, SEK, SGD, TRY, THB, NOK, ZAR, USD, CAD.
Depending on your pricing plans, various number of physicaland virtual MasterCard cards can be issued.
Satchel Business Card (MasterCard) can be ordered together with Business Current Account.
Your company gains access to UK and EU IBAN accounts. Additionally, you will have an option to obtain multiple local DK, DE, LU, GB IBANs for enhanced flexibility, through regulated partners.
Dedicated IBANs assigned to Business Current Account belong to Lithuania.
Business Account is offered with several pricing plans for different customer groups, namely Starter, Business.
Business Current Account is offered with several pricing plans for different customer groups, namely EU, non-EU.
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| Card Type | prepaid physical, virtual contactless | prepaid physical, virtual contactless |
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| Currency | single currency as per account | single currency EUR |
| Card Provider | MasterCard | MasterCard |
| Order Card | Order Card |
OMW Europe cards are prepaid cards, rather than debit cards. OMW Europe cards are issued as both physical (plastic) and virtual cards; plastic cards are delivered to the customer's address.
Satchel cards are prepaid cards, rather than debit cards. Satchel cards are issued as both physical (plastic) and virtual cards; plastic cards are delivered to the customer's address.
OneMoneyWay Card is a single currency card, it can be issued in as per account only.
Satchel Business Card is a single currency card, it can be issued in EUR only.
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Satchel cards are available in the European Economic Area (EEA) countries *).
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Satchel cards can be loaded directly from the cardholder's Satchel account.
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3D Secure Payments. Satchel applies 3D Secure program for secure online payments.
| Starter | Business | |
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| Card issuance | free | free |
| Card delivery | free | free |
| Card loading | 1.00 % | 2.00 % |
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| Card Issuance Fee | 9.00 EUR |
| Card Shipping Fee | Regular: 5.00 EUR Express (EU): 55.00 EUR Express (worldwide): 80.00 EUR |
| Monthly Fee | 8.00 EUR |
| Card Loading Fee | 0.00 EUR |
| ATM Withdrawals Fee | Domestic: 1.50 EUR International: 1.5% + 1.50 EUR |
| POS Purchase Fee | Domestic: 0.3% + 0.15 EUR International: 1.2% + 0.15 EUR |
| POS Single Transaction Limit | 20,000 EUR |
| POS Daily Spend Limit | 20,000 EUR |
| ATM Single Withdrawal Limit | 500 EUR |
| ATM Daily Withdrawal Limit | 2,500 EUR |
| Daily Load Limit | 5,000 EUR |
| Monthly Load Limit | 40,000 EUR |
| Yearly Load Limit | 200,000 EUR |
| Maximum Card Balance | 20,000 EUR |
global payments and transfers for businesses