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Authorised EMI License

Authorised EMI License, or Authorised Electronic Money Institution License, is required for any EMI to conduct its operations as an Authorised EMI.

The difference between a Small EMI License and Authorised EMI License is that the latter has extra capabilities to provide payment initiation and account information services along with issuing electronic money. The initial capital requirement for an Authorised EMI License is EUR 300.000 while for a Small EMI License no initial capital is required.

2020 Copyright © European Merchant Bank UAB. All rights reserved.
European Merchant Bank UAB is licensed by European Central Bank (License No. 3)
Swift BIC: EUEBLT22
Bloomberg Dealing Code: EUEB
2020 Copyright © European Merchant Bank UAB. All rights reserved.
European Merchant Bank UAB is licensed by European Central Bank (License No. 3)
Swift BIC: EUEBLT22
Bloomberg Dealing Code: EUEB