Sepaga EMI ltd is an electronic money institution focused on issuance, distribution and redemption of e-money. Sepaga EMI ltd offers virtual accounts with IBAN, prepaid cards, e-wallet accounts, currency conversions, SWIFT/SEPA wire transfers to natural persons, business entities. Incorporated in Cyprus, Sepaga EMI ltd is authorized and regulated by the Central Bank of Cyprus.
Sepaga EMI do not conduct operations with cryptocurrencies.
Sepaga EMI ltd is authorized by the Central Bank of Cyprus for 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. The authorization was granted on 13 July 2018.
Due to EEA passport rules Sepaga EMI ltd, can conduct its activities in any of the 31 EEA member states. Sepaga EMI ltd do not participate in deposit guarantee schemes.
Sepaga EMI ltd is a SWIFT member and a SEPA (SCT) scheme participant.
Sepaga EMI ltd is connected to MasterCard payment card scheme.