Bank of Lithuania
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.