EMI and PI licences

• United Kingdom:

1. SEMI licence (Small Electronic Money Institution):
- SEMI licence has been issued;
- Corporate bank account;
- Emission of electronic money;
- Personal and business accounts;

- Provision of direct direct IBAN accounts for clients;
- Provision of payment cards;
- Own payment software.

Cost: GBP 950000.

2. AEMI licence (Authorized Electronic Money Institution):
- SEMI licence has been issued;
- Corporate bank account;
- Emission of electronic money;
- Personal and business accounts;
- Provision of direct direct IBAN accounts for clients;
- Provision of payment cards;
- Own payment software.

Cost: GBP 1150000.

Readymade companies with an EMI licence are also available in other EU jurisdictions and in Canada.

• Czech Republic:

1. SPI licence (Small Payment Institution):
- SPI licence has been issued;
- Corporate bank account in Lithuania;
- Personal and business accounts;
- Provision of a payment gateway;
- Provision of direct direct IBAN accounts for clients;
- Provision of payment cards;
- Own payment software and own acquiring software.

Cost: EUR 375000.

• United Kingdom:

1. API licence (Authorized Payment Institution):
- API licence has been issued;
- Corporate bank account;
- Personal and business accounts;
- Provision of a payment gateway;
- Provision of direct direct IBAN accounts for clients;
- Provision of payment cards;
- Own payment software.

Cost: GBP 930000.

2. API licence (Authorized Payment Institution):
- API licence has been issued;
- Corporate bank account in Lithuania;
- Personal and business accounts;
- Provision of a payment gateway;
- Provision of direct direct IBAN accounts for clients;
- Provision of payment cards;
- Own payment software.

Cost: GBP 810000.

Readymade companies with a PI licence are also available in other EU jurisdictions, in Canada and in Hong Kong.