so based on the research from the actual central bank of Lithuania - wallter is a no go as they already received two fines - and you still recommend them - buyer beware
have a nice day
in 2020
“The company not only held client funds in an improper manner, but also concealed this fact by providing factually inaccurate information to the Bank of Lithuania. These are two serious legislative infringements.
More:
https://www.lb.lt/en/news/wallter-u...ection-and-provision-of-incorrect-information
in 2021
The institution had not always identified its customers and their representatives properly
- and -
In addition, in the period under inspection, the institution had not ensured independence of the internal control function, which is responsible for the organisation of the prevention of money laundering and terrorist financing, from business interests.
More:
https://www.lb.lt/en/news/bank-of-lithuania-imposed-a-fine-of-eu280-thousand-on-wallter-uab