Payment institution in Spain

About This Company

Procedure ES_BDE_C056_P247 governs change of control notifications submitted to Banco de Espana for an Entidad de pago (EP). Acquirers intending to acquire or increase qualifying holdings reaching 10%, 20%, 30%, or 50% of share capital or voting rights must obtain non-opposition from the supervisor. Banco de Espana assesses reputation, financial soundness and risk controls within 60 working days from written acknowledgement of receipt. Completing an acquisition without approval suspends voting rights and triggers administrative penalties under Ley 10/2014 and Real Decreto 736/2019. The regulatory framework originates from Directive (EU) 2015/2366 on payment services in the internal market (PSD2), in force from 2016-01-12. Authorised activities cover execution of payment transactions, money remittance, issuing payment instruments, acquiring transactions, payment initiation, and account information services. Banco de Espana levies an application fee of EUR 0 and sets annual supervisory fees at EUR 0 for domestic institutions. The public register counted 55 active entities of this type on 2026-09-24. Statutory approval can be passported across the EU/EEA, offering cross-border operational scope. Acquirers inherit ongoing prudential rules administered from Madrid by Banco de Espana, established in 1782 as part of the Single Supervisory Mechanism. Public records display registered trade names, official entity codes and authorized payment activities.