As an electronic money institution, Wittix, UAB specializes in providing IBAN accounts to individuals and businesses. These IBAN accounts can be used for various financial transactions, including sending and receiving payments.Wittix, UAB offers personal IBAN accounts, which are designed for individuals who need a dedicated account for their personal finances. These accounts can be used for everyday banking activities, such as receiving salaries, making payments, and managing expenses.In addition to personal accounts, Wittix, UAB also provides business IBAN accounts. These accounts are tailored to meet the needs of businesses and can be used for managing company finances, receiving payments from customers, and making business-related transactions.To complement their IBAN account services, Wittix, UAB also offers debit cards to both individuals and companies. These debit cards can be used for making purchases online and in physical stores, as well as for withdrawing cash from ATMs.Wittix, UAB is authorized and regulated by the Bank of Lithuania, ensuring that they operate in compliance with the necessary financial regulations and standards. This regulatory oversight helps to provide customers with confidence in the security and reliability of their services.As of 2020, Wittix, UAB had a total of 5.39 million EUR in safeguarded customer funds. This means that customer funds are held securely and are protected from potential risks or losses.Overall, Wittix, UAB aims to provide convenient and reliable banking services through their IBAN accounts and debit cards, catering to the needs of both individuals and businesses.

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