UAB “International Payment Union” is an electronic money institution that specializes in providing seamless payment solutions for traders and investors. They offer a range of services including multi-currency IBAN accounts, currency exchange, and global payments to both individuals and businesses.
As of 2020, UAB “International Payment Union” had a total of 12,000.00 EUR in customer funds that were safeguarded. This means that the company takes measures to protect customer funds and ensure their security.
In terms of financial performance, UAB “International Payment Union” generated a gross profit of 13,000.00 EUR in 2020. This indicates that the company was able to generate revenue in excess of its expenses.
It is incorporated in Lithuania and is authorized and regulated by the Bank of Lithuania. This means that they operate under the supervision of the central bank and must comply with the regulations and requirements set forth by the regulatory authority. This provides assurance to customers that the company operates in a transparent and secure manner.
