Basic Steps To Apply For Electronic Money Institution License
Professional knows what difficulties our consumers face in the procedure of applying for an Electronic Money Institution License as well as Payment Institution License.
In order to obtain an Electronic money license, the applicant is needed to meet definite criterion and offer the CNB with a set of documents.
Authorized capital requirement for Electronic Money Institution license is model for the EU and amounts to 350,000 EUR. The candidate may be needed by CNB to verify the sources of authorized capital.
For the reason of apply for electronic money institution license, a company is gratified to have a bank account for capital deposit and functioning requirements.
What are the Requirements of EMI LICENSE?
In spite of the resemblance of authorization procedures for EMI aims to make it a little bit diverse and friendlier. Before the beginning of the official authorization procedure for EMI as well as submitting applications, CNB typically encourages applicants to hold preliminary meeting contact to converse the planning procedure and assist determine financial services that have to be approved. If you want to register electronic money institution, consider hiring us!
CNB reconsiders whether all essential documents have been submitted and, where nothing is missed as well as no mistakes recognized, accepts the application for consideration. In definite cases, CNB may request applicants to submit supplementary information or else documents. For more information, consider visiting our official website.
