EMI And PI In Czech Republic

With this AEMI license your business will be allowed to provide the following services: e-money issuing and redemption, operations required for operating a payment account, cash withdrawals from a payment account, execution of payment transactions, issuing of payment instruments and/or acquiring of payment transactions, money remittance etc.

Requirements for EMI

  1. Initial capital should be at least EUR 350,000;
  2. To have all required documents;
  3. Prepare a business plan;
  4. Submit a document that confirms the level of income;
  5. And others.

With this API license your business will be allowed to provide the following services: operations required for operating a payment account, execution of payment transactions, execution of direct debits, including one-off direct debits, execution of credit transfers, including standing orders, issuing payment instruments or acquiring payment transactions, money remittance etc.

Requirements for PI

  1. Initial capital should be at least EUR 125,000;
  2. To have all required documents;
  3. Prepare a business plan;
  4. Submit a document that confirms the level of income;
  5. And others.

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For EMI

  • TIME:

    6-9 months

  • FEE:

    The total price will be provided after the application

For PI

  • TIME:

    3-6 months

  • FEE:

    The total price will be provided after the application