Please note that we have amended our general terms and conditions. Please click here to read the amended WALLESS general terms and conditions, which became effective as of 1 November 2021.
Please note that we have amended our general terms and conditions. Please click here to read the amended WALLESS general terms and conditions, which became effective as of 1 November 2021.

WALLESS Assisted RIA Lithuania, UAB in Obtaining a Payment Institution License from the Bank of Lithuania

WALLESS team is pleased to have assisted RIA Lithuania, UAB in successfully obtaining a payment institution license from the Bank of Lithuania. The license will allow RIA Lithuania, UAB to provide payment services and expand across the EEA.
The sole shareholder of the institution is Euronet Worldwide, Inc. (100%), whose shares are traded on the Nasdaq Exchange in the United States. This company owns the RIA Money Transfer group of companies, known worldwide as a money transfer service provider – RIA Lithuania, UAB also belongs to this group. Clients from the RIA payment institution operating in the United Kingdom and orders from the main RIA company’s countries – France, Spain, and Germany – are going to be transferred to the institution operating in Lithuania. Later on, RIA is expected to expand to other European countries as well.

WALLESS Weekly Review

Subscribe and receive the summary of the Lithuanian Supreme Court's rulings every week in your inbox. The information is prepared by the WALLESS Arbitration and Dispute Resolution Team.

Please note that review is in Lithuanian.