EMI And PI In The UK

EMI license obtained in the UK will allow you to provide such 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, payment initiation services, account information services.

Requirements for EMI

  1. Initial capital should be at least from EUR 25,000 to EUR 125,000;
  2. Provide details of services you want to provide;
  3. Prepare a business plan;
  4. Provide information about security measures;
  5. And other documents.

API license obtained in the UK will allow you to provide such 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 350,000;
  2. Provide details of services you want to provide;
  3. Prepare a business plan;
  4. Provide information about security measures;
  5. And other documents.

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For EMI

  • TIME:

    9-12 months

  • FEE:

    The total price will be provided after the application

For PI

  • TIME:

    3-4 months

  • FEE:

    The total price will be provided after the application