Transactive Systems UAB is an electronic money institution focused on online payments throughout the UK and Europe. Transactive Systems UAB offers virtual accounts with IBAN, SEPA payments, UK faster payments to businesses. In 2019 Transactive Systems UAB had total customer funds to be safeguarded of 9.46 mln EUR, Transactive Systems UAB generated gross profit of 1,000.00 EUR. Incorporated in Lithuania, Transactive Systems UAB is authorized and regulated by the Bank of Lithuania.
Payment cards are not offered together with Banking Account.
Banking Account is offered with several pricing plans for different customer groups, namely Custom, Plus, Standard.
Transactive Systems do not conduct operations with cryptocurrencies.
Transactive Systems UAB is authorized by the Bank of Lithuania (authorization number LB000443) 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 16 January 2018.
Due to EEA passport rules Transactive Systems UAB, can conduct its activities in any of the 31 EEA member states. Transactive Systems UAB do not participate in deposit guarantee schemes.
Transactive Systems UAB is a SWIFT member and a SEPA (SCT, SCT Inst) scheme participant.