Issue of a limited operation licence of a payment institution to UAB ”Antigravity payment systems”
2012-03-06
The Board of the Bank of Lithuania decided to issue a limited operation licence of a payment institution to UAB ”Antigravity payment systems” that grants a right to render a payment service (money remittances) listed in Paragraph 6 of Article 5 of the Republic of Lithuania Law on Payments.
A limited operation licence of a payment institution allows the provision of services only in Lithuania, while the average of the amount of payment operations cannot exceed LTL 1 million per month. UAB ”Antigravity payment systems” envisages to be in compliance with these requirements.