Must-Know Tips To Register Electronic Money Institution
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. Register Electronic Money Institution 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 app...