Lithuania · Payments & e-money
Clearshift Uab
Clearshift, UAB is a private limited company registered in Vilnius, Lithuania. The Bank of Lithuania authorises it as an electronic money institution under licence LB001955, valid from 19 March 2020. According to the law firm that advised on its licence, it is the Lithuanian subsidiary of the US-based Clearshift group, which also includes Clearshift US Company and Clearshift Israel Ltd. It offers e-money accounts, international payments and currency conversion at published reference rates, mainly to businesses in the EEA.
Licences and registrations
Held by Clearshift Uab (LEI 984500F9A6EAA3E8A013). 1 entry on 1 of the 22 tracked registers, retrieved 25 September 2026.
| Register | Licence | Number | Jurisdiction | Status | Registered | Ends | Activities | Register entry |
|---|---|---|---|---|---|---|---|---|
| EBA PSD2 RegisterBank of LithuaniaLinked by LEI. Matched by Elucidate to GLEIF on name, country and address. | Electronic money institutionE-Money / Stored Value Institution | LB001955 | Lithuania | Active | 2020-03-19 | — |
|
Search the register ↗ |
- Licences belong to the legal entity, not to a BIC.
- Each licence applies in the country of the regulator that granted it.
- Registers are tracked in 37 countries. Licences granted elsewhere are not recorded here.
- The register entries and their trading names were not matched against sanctions lists. The sanctions facts on this page cover the BIC and its LEI only.
Swift network
Swift’s ISO 9362 BIC directory
- BIC
- CLUALT22XXX head office
- Connection to Swift
- Reverse billingThe institution is connected to Swift. Messages sent to it are billed to the institution, not to the sender. The “2” in the eighth character of CLUALT22 marks reverse billing.
- Swift GPI
- Not on the member list
- Payment schemes and systems
- SCT · VOP
- Branch codes
- None: head-office BIC only
- BIC first registered
- 2020-05-09
- Last updated
- 2021-03-18
Overview
Researched 29 Sep 2026 · Sources
Customers
Not published
Employees
Not published
Ownership
Group subsidiary
Clearshift US Company
Firm type
FX and business payments
Trades as Clearshift
- Ownership
- According to Walless, the law firm that advised on its licence, the firm is the Lithuanian subsidiary of Clearshift (US), part of a group that also includes Clearshift Israel Ltd.
- Direct parent
- Clearshift US Company, United States
- Head office
- Upes str. 23, LT-08128 Vilnius, Lithuania
- Company register
- Register of Legal Entities of Lithuania 305157923
- Founders
- Ari Dobner · Marten Hirsch · Sherman Frager
Online
- Websites & references
- clearshiftinc.com ↗
clearshiftinc.com/eu-en ↗ Europe site of Clearshift UAB (English)
clearshiftinc.com/lt ↗ Europe site in Lithuanian
clearshiftinc.com/fr-eu ↗ Europe site in French
onlineaccess.clearshiftinc.com ↗ customer online payment system (sign-in) - Official social accounts
- LinkedIn ↗ · Facebook ↗
Sources · 13 pages consulted
- lb.lt/en/sfi-financial-market-participants/clearshift-uab
- bportugal.pt/en/entidadeautorizada/clearshift-uab
- uzraudziba.bank.lv/en/market/payment-service-providers/electronic-money-institutions/service-providers-from-
- clearshiftinc.com/wp-content/uploads/2025/06/US-EU-TC-June-2025.pdf
- clearshiftinc.com/eu-en/
- clearshiftinc.com/us-en/
- clearshiftinc.com/security/
- clearshiftinc.com/us-en/get-to-know-us/
- clearshiftinc.com/us-en/faq/
- walless.com/deals/walless-assisted-clearshift-in-setting-up-a-subsidiary-in-lithuania-and-obtaining-a
- investlithuania.com/news/global-currency-payments-provider-clearshift-granted-an-emi-license-in-lithuania/
- agorareal.com/blog/agora-acquires-clearshifts-real-estate-division/
- fintechfutures.com/m-a/agora-acquires-clearshift-s-real-estate-division
Authorisation
Researched 29 Sep 2026 · Sources
- Operates under
- Its own licences
The Bank of Lithuania authorises the firm as an electronic money institution (licence LB001955, valid from 19 March 2020). The Bank of Lithuania also lists it as a currency exchange operator. It provides services without a branch in 29 other EEA states under PSD2 passporting.
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| Bank of Lithuania Lithuania | Electronic money institution licence | LB001955 | In its own name | Active | lb.lt ↗ |
| Bank of Lithuania Lithuania | Currency exchange operator (register category) | — | In its own name | Active | lb.lt ↗ |
Licences and registrations the research found, at home and abroad, as the firm and its regulators publish them. The Licences and registrations card shows the entries on the registers the directory tracks.
Partners and safeguarding
Researched 29 Sep 2026 · Sources
- Safeguarding
- Segregated safeguarding accountsAccording to its terms, the firm holds funds it has not paid out by the end of the next business day in safeguarding accounts at qualifying financial institutions, as Article 10 of PSD2 requires.
Banks and regulated firms the firm says hold its customers’ money, issue its cards, sponsor its accounts or settle its payments, as it discloses them in its terms and notices.
Products and markets
Researched 29 Sep 2026 · Sources
It converts currencies at an upcoming published reference rate, such as the ECB rate, and charges an explicit fee on outgoing payments. It also offers forwards, swaps, mass payouts and virtual accounts for receiving funds.
It serves customers across the EEA under its Lithuanian licence. The Bank of Lithuania lists cross-border services without a branch in 29 other member states.
- Sells to
- Small businesses · Enterprises · Consumers · Other
- Serves customers in 30 countries
- Lithuania · Austria · Belgium · Bulgaria · Croatia · Cyprus · Czechia · Denmark · Estonia · Finland · France · Germany · Greece · Hungary · Ireland · Italy · Latvia · Luxembourg · Malta · Netherlands · Poland · Portugal · Romania · Slovakia · Slovenia · Spain · Sweden · Iceland · Liechtenstein · Norway
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
- Ari Dobner Founder & CEO
- Compliance / MLRO
- Einoras Vaiciunas Chief Compliance & Risk Officer
- Compliance / MLRO
- Marten Hirsch Founder & Chief Compliance Officer
- Executive
- Oksana Vascege EU Region Country Manager
Recent events
Researched 29 Sep 2026 · Sources
-
Merger / acquisition
Agora acquired the Clearshift group's real estate division. Clearshift kept all payment execution and compliance functions.
agorareal.com ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, security incidents, licence changes, funding rounds, acquisitions and leadership changes. Each links to its source.
Identifiers
Head-office record
- BIC
- CLUALT22XXX
- How the BIC breaks down
- CLUABank
- LTCountry · Lithuania
- 22Location · reverse billing
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 984500F9A6EAA3E8A013
- LEI record
- View on GLEIF ↗
- Licence no. · EBA-PSD2
- LB001955
- How the LEI was matched
- BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.Register entry: Matched by Elucidate to GLEIF on name, country and address.
- Register-entry ID
- 8b89eb7ecf01
- National bank code
- Financial institution code 34700
Profile
- Type
- Payments & e-moneyPayment institutions, e-money and stored-value issuers, and account-information providers. Licensed under payment-services law (e.g. PSD2 in the EU and UK, the Payment Services Act in Singapore). Taken from the licences on the tracked registers.
- Regulation
- Prudential licenceAuthorised with capital, safeguarding and conduct requirements, e.g. an authorised payment or e-money institution in the EU or UK, a major payment institution in Singapore, or a MiCA crypto-asset service provider.
- Register licences
- 1 entry on 1 register
- Activities
- Payment services
- Card acquiring
- E-money / stored value
- Licensed in
- Lithuania
- Country · region
- Lithuania · Europe & Central Asia
- Banking supervision
- Not on the ECB's list of supervised entities as of 2026-07-01
- Trading venues (MIC)
- No MIC registered under this LEI list of 2026-09-17
- OFAC sanctions
- No listing cites this BIC
- EU sanctions
- No listing matched this BIC or its LEI
- Country sanctions
- No country programme
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
Ownership and group
GLEIF relationship records
GLEIF’s relationship records name no parent for this LEI, and no group page is published for it.
Addresses
- Registered address
- UPES STR. 23 VILNIUS 08128 LITHUANIA
- Operational address
- UPES STR. 23 VILNIUS 08128 VILNIUS LITHUANIA
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- Identified by
- BIC, with its LEI
- Roles in CBPR+
- Any agent, including the instructing and instructed agents
CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
<FinInstnId>
<BICFI>CLUALT22XXX</BICFI>
<LEI>984500F9A6EAA3E8A013</LEI>
</FinInstnId>Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
<FinInstnId>
<BICFI>CLUALT22XXX</BICFI>
<LEI>984500F9A6EAA3E8A013</LEI>
<Nm>CLEARSHIFT UAB</Nm>
<PstlAdr>
<TwnNm>VILNIUS</TwnNm>
<Ctry>LT</Ctry>
<AdrLine>UPES STR. 23 VILNIUS 08128</AdrLine>
</PstlAdr>
</FinInstnId>The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
Payment schemes and systems
EPC registers of 2026-09-11 · ECB T2 list of 2026-07-02 · ECB TIPS list of 2026-09-01 · SIX Bank Master valid on 2026-09-28
| Scheme or system | Since | Registered with | Note |
|---|---|---|---|
| SEPA Credit TransferISO 20022 messages | 2020-08-31 | Head office | — |
| Verification of Payee | 2025-09-20 | Head office | — |
SEPA dates are when the institution became ready for the scheme.
An institution missing from T2 may still be reachable through an indirect participant.
“ISO 20022 messages” marks a scheme or system whose rulebook or operator specifies ISO 20022 for messages between participants.
National bank codes
Financial institution code · Lithuania
1 code file of 2025-11-18
| Code | Routes to BIC | Name in the national file | City |
|---|---|---|---|
| 34700 | CLUALT22 | Clearshift, UAB | Vilnius |
Each code shows the name in the national file. Smaller banks often route through a central institution’s BIC. A code can therefore belong to a different bank than the one on this page.
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Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
Register entries are not screened against sanctions lists. The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Credits for this page
- Payment schemes and systems—Source: European Payments Council (EPC) Registers of Participants; matched to BICs by Elucidate.
- National bank codes—Lithuania (Source: Bank of Lithuania).
- EBA PSD2 Register—European Banking Authority (EBA) · register ↗ as at 25 September 2026
- Overview, authorisation, partners, products, leadership and events—researched per institution by an AI model with web search, from the firm's own website, terms and filings, regulators' registers and notices, company registers and news. Licences, partners, figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
- Images—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: clearshiftinc.com (official website) · original.
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