online payments throughout the UK and Europe
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. Incorporated in Lithuania, Transactive Systems UAB is authorized and regulated by the Bank of Lithuania.
- virtual accounts with IBAN
- SEPA payments
- UK faster payments
custom payment solutions
Payment cards are not offered together with Banking Account.
Personal IBAN vs EMI Banking Details
While Transactive Systems uses an account holder's personal IBAN for some operations,
Transactive Systems's own banking details are used for the others.
Banking Account is offered with several pricing plans for different
customer groups, namely Custom, Plus, Standard.
- offered to: custom payment solutions
- offered to: regular payments
- offered to: pay-as-you-go
Alternatives to Transactive Systems Banking Account
Operations with Cryptocurrencies
Transactive Systems do not conduct operations with
Country of RegistrationLithuania
Authorization Granted16 January 2018
- execution of payment transactions on a payment account (not covered by a credit line)
- issuing payment instruments or acquiring payment transactions
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 scheme participant.
Jogailos street 9, 01116, Vilnius, Lithuania