UAB "epayblock"

UAB
Business Focus
providing alternative banking

UAB "epayblock" is an electronic money institution focused on providing alternative banking. UAB "epayblock" offers personal IBAN accounts, business IBAN accounts, merchant IBAN accounts, SEPA transfers, payment processing API. In 2019 UAB "epayblock" had total customer funds to be safeguarded of 0.00 EUR, UAB "epayblock" generated gross profit of 0.00 EUR. Incorporated in Lithuania, UAB "epayblock" is authorized and regulated by the Bank of Lithuania.

Products
  • personal IBAN accounts
  • business IBAN accounts
  • merchant IBAN accounts
Services
  • SEPA transfers
  • payment processing API

Area Served

Worldwide

Personal Account

Currency
EUR
Payment Cards
physical
virtual
Personal IBAN
available (LT IBAN)
UK Account Number
not available
Customer Groups
EEA residents
non-EEA residents
Pricing Plans
EEA residents
non-EEA residents
Currency

Personal Account is a single-currency account, allowing the account holder to have funds in EUR only.

Payment Cards

Payment cards are not offered together with Personal Account.

International Transfers

  • SWIFT Transfers
  • SEPA Credit Transfers
  • SEPA Instant Transfers

IBAN Countries

Personal IBANs assigned to Personal Account belong to Lithuania.

Personal IBAN vs EMI Banking Details
While "epayblock" uses an account holder's personal IBAN for some operations, "epayblock"'s own banking details are used for the others.

Pricing Plans

Personal Account is offered with several pricing plans for different customer groups, namely EEA residents, non-EEA residents.

  • EEA residents
  • offered to: EEA residents
  • Initial Fee 10.00 EUR
  • Monthly Fee 10.00 EUR
  • SEPA Outgoing 1.00 EUR
  • SEPA Incoming 5.00 EUR
  • non-EEA residents
  • offered to: non-EEA residents
  • Initial Fee 250.00 EUR
  • Monthly Fee 50.00 EUR
  • SEPA Outgoing 1.00 EUR
  • SEPA Incoming 5.00 EUR

Opening Personal Account

Opening Personal Account
1.
Provide your details online
2.
Upload your proof of address
3.
Upload your proof of identity
4.
Upload your application forms
5.
Account is ready to use in a few minutes

Proof of Identity. Depending of the client's country, "epayblock" accepts the following documents: passport, national identity card.
Proof of Address. These documents are accepted as a proof of address: bank statement, credit card statement, utility bill, payroll statement or official salary document, insurance statement, tax document, residence certificate.
Any documents not in English must be accompanied by a sworn English translation.

Alternatives to "epayblock" Personal Account

See Also

Business Account

Business Account
Currency
EUR
Payment Cards
physical
virtual
Personal IBAN
available (LT IBAN)
Customer Groups
EEA, low-risk
EEA, medium-risk
EEA, high-risk
Pricing Plans
low-risk
medium-risk
high-risk
Currency

Business Account is a single-currency account, allowing the account holder to have funds in EUR only.

Payment Cards

Payment cards are not offered together with Business Account.

International Transfers

  • SWIFT Transfers
  • SEPA Credit Transfers
  • SEPA Instant Transfers

IBAN Countries

Personal IBANs assigned to Business Account belong to Lithuania.

Personal IBAN vs EMI Banking Details
While "epayblock" uses an account holder's personal IBAN for some operations, "epayblock"'s own banking details are used for the others.

Pricing Plans

Business Account is offered with several pricing plans for different customer groups, namely low-risk, medium-risk, high-risk.

  • low-risk
  • offered to: EEA, low-risk
  • Initial Fee 850.00 EUR
  • Monthly Fee 50.00 EUR
  • SEPA Outgoing 5.00 EUR
  • SEPA Incoming 5.00 EUR
  • medium-risk
  • offered to: EEA, medium-risk
  • Initial Fee 850.00 EUR
  • Monthly Fee 100.00 EUR
  • SEPA Outgoing 10.00 EUR
  • SEPA Incoming 10.00 EUR
  • high-risk
  • offered to: EEA, high-risk
  • Initial Fee 1250.00 EUR
  • Monthly Fee 150.00 EUR
  • SEPA Outgoing 20.00 EUR
  • SEPA Incoming 20.00 EUR

Opening Business Account

Opening Business Account
1.
Provide your details online
2.
Upload your company details
3.
Upload your proof of company address
4.
Upload your proof of address
5.
Upload your proof of identity
6.
Upload your application forms
7.
Account is ready to use in a few days

Proof of Identity. A certified copy of a valid, state-issued ​passport or identity card for each of the company’s beneficial owners and directors as well as of the person submitting this application.
Proof of Address for beneficial owner(s) and director(s) dated within the last 4 months.
Proof of Company Address. Proof of activity at the​ company’s address​, for example, a utility bill or a lease agreement.
Company Details. "epayblock" requests the following corporate documents to confirm company identity:
certificate of incorporation
article of association
register of directors
ownership structure
financial or bank statement
Any documents not in English must be accompanied by a sworn English translation.

Alternatives to "epayblock" Business Account

See Also

Operations with Cryptocurrencies

No

"epayblock" do not conduct operations with cryptocurrencies.

Crypto-Related Activities

  • Accounts for crypto businesses
  • Transfers to crypto platforms
  • Transfers from crypto platforms

"epayblock" allows crypto-related businesses to open accounts as well as supports in general transfers to and from crypto platforms.

See Also

Financial Highlights

Customer Funds (2019)
0.00 EUR
Gross Profit (2019)
0.00 EUR
Total Equity (2019)
571,000.00 EUR

Company Details

Country of Registration
LTLithuania
Company Number
304882406
BIC
EPUALT22
Authorized By
Bank of Lithuania
Authorization Number
LB001911
Authorized Activities
  • issuance of electronic money
  • refund of electronic money
  • placing cash to a payment account
  • withdrawing cash from a payment account
  • execution of payment transactions on a payment account (not covered by a credit line)
  • issuing payment instruments or acquiring payment transactions

UAB "epayblock" is authorized by the Bank of Lithuania (authorization number LB001911) for issuance of electronic money, refund of electronic money, placing cash to a payment account, withdrawing cash from a payment account, execution of payment transactions on a payment account (not covered by a credit line), issuing payment instruments or acquiring payment transactions.

EEA Passport
Yes
Deposit Guarantee
No

Due to EEA passport rules UAB "epayblock", can conduct its activities in any of the 31 EEA member states. UAB "epayblock" do not participate in deposit guarantee schemes.

Membership
SWIFT
SEPA

UAB "epayblock" is a SWIFT member and a SEPA (SCT, SCT Inst) scheme participant.

See Also

Contacts

Lithuania
+48600131815
Website Languages
GBEnglish

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See Also