UAB Seven Seas Europe is an electronic money institution focused on facilitating payments between Europe and China. UAB Seven Seas Europe offers personal virtual accounts with IBAN, business virtual accounts with IBAN, SEPA transfers, SWIFT transfers, currency exchange to individuals, businesses. Incorporated in Lithuania, UAB Seven Seas Europe is authorized and regulated by the Bank of Lithuania.
UAB Seven Seas Europe do not conduct operations with cryptocurrencies.
UAB Seven Seas Europe is authorized by the Bank of Lithuania (authorization number LB000437) for 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 21 December 2017.
Due to EEA passport rules UAB Seven Seas Europe, can conduct its activities in any of the 31 EEA member states. UAB Seven Seas Europe do not participate in deposit guarantee schemes.