Majestic
Key Data
- Trading Name: Majestic
- Legal Entities: Majestic Financial UAB
- Activities: Payment Institution
- Location: Lithuania
- Regulations: Payment Institution licensed by Bank of Lithuania
- Key People: Majestic director Martin Varga
Majestic Financial UAB (Majestic) is a European Payment Institution licensed and regulated by the Bank of Lithuania (BoL) with company code 304712140 and license number 34. Majestic is a member of the SWIFT network with SWIFT/BIC code MAABLT21.
We have found Majestic to be a payment processor for the Advcash scheme and thus also classify the company in the high-risk payment sector. In any case, Majestic accepts high-risk merchants.
Offering
Majestic has focused on cross-border payments and offers its customers an Omnibank platform with extensive payment features. Majestic is not aimed at private customers.
Fees
A comprehensive price list for the various services can be found on the Majestic website.
Opening a bank account costs €50 for EU merchants and €450 for international non-EU merchants.
For SEPA transfers, for example, EU merchants are charged fees of €3 to a maximum of €200 for large sums. Non-EU merchants pay from €10 to a maximum of €250. For international payments, EU merchants (details see price list).
Regulation
Majestic Financial is regulated as a payment institution by the Bank of Lithuania.
Related Individuals
Customer review
We have not found any negative reviews. Majestic has not yet been rated on Trustpilot.
Compliance Rating
Majestic is a regulated payment processor. We have found no negative reviews and no other indications that there could be problems. We have therefore added Majestic to our Green Compliance List.
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