Regulated activity

Account information services

Consolidating a customer's payment account data from several institutions into one view needs a PI, EMI or banking licence under PSD2 Annex I (8). Unlike the other payment licences, a dedicated account information service provider (AISP) needs no initial capital under PSD2, only professional indemnity insurance, and it can still passport across the EEA.

Last verified 2026-09-24Markdown · Data (CC BY 4.0)
Account information services: regulated activityPSD2

Definition

Providing consolidated online information on one or more payment accounts the user holds with other providers.

Which licence you need

Licence families that typically permit this activity:

Where it can be licensed

Jurisdictions where account information services can be licensedCzech RepublicEstoniaGeorgiaGermanyIrelandLatviaLithuaniaLuxembourgNetherlandsPolandSlovakiaSpainUnited Arab EmiratesUnited KingdomMaltaSingapore
Licences in the Atlas that permit this activity
EU/EEA passportDomestic
Czech Republic: Small-scale Electronic Money Issuer authorisation✓
Czech Republic: Electronic Money Institution licence✓
Czech Republic: Account Information Service Provider authorisation✓
Czech Republic: Small-scale Payment Service Provider authorisation✓
Czech Republic: Payment Institution licence✓
Estonia: Electronic money institution operating with an exception✓
Estonia: Operating licence as an electronic money institution✓
Estonia: Payment institution operating with an exception✓
Estonia: Operating licence as a payment institution✓
Georgia: Payment institution licence✓
Germany: Electronic money institution licence✓
Germany: Account information service provider registration✓
Germany: Payment institution licence✓
Ireland: Electronic Money Institution Authorisation✓
Ireland: Payment Institution Authorisation✓
Latvia: Registered electronic money institution✓
Latvia: Authorised electronic money institution licence✓
Latvia: Registered payment institution✓
Latvia: Authorised payment institution licence✓
Lithuania: Electronic money institution licence for restricted activity✓
Lithuania: Electronic money institution licence for non-limited activity✓
Lithuania: Payment institution licence for restricted activity✓
Lithuania: Payment institution licence✓
Luxembourg: Electronic money institution authorisation✓
Luxembourg: Payment institution authorisation✓
Malta: Electronic money institution licence✓
Malta: Account information service provider registration✓
Malta: Payment institution licence✓
Netherlands: Electronic money institution licence✓
Netherlands: Payment institution licence✓
Poland: Electronic Money Institution licence✓
Poland: Account Information Service Provider registration✓
Poland: National Payment Institution licence✓
Poland: Small Payment Institution registration✓
Singapore: Major Payment Institution Licence✓
Singapore: Standard Payment Institution Licence✓
Slovakia: Electronic money institution licence✓
Slovakia: Payment institution licence✓
Spain: Electronic money institution authorization✓
Spain: Payment institution authorization✓
United Arab Emirates: Retail Payment Services Licence (Categories I to IV)✓
United Kingdom: Small Electronic Money Institution (SEMI) Registration✓
United Kingdom: Authorised Electronic Money Institution (AEMI)✓
United Kingdom: Registered Account Information Service Provider (RAISP)✓
United Kingdom: Small Payment Institution (SPI) Registration✓
United Kingdom: Authorised Payment Institution (API)✓

Frequently asked questions

Can an AISP initiate payment transactions on behalf of users?

No. An account information licence only grants read-only access to transaction history, balances and account details. Initiating a transfer or a debit needs a separate authorisation, as a payment initiation service provider or a full payment institution.

What security standards must an AISP meet to access bank APIs?

An AISP has to use qualified certificates for electronic seals (QSEAL) and website authentication (QWAC) under the eIDAS standard. Data protection rules limit it strictly to whatever the customer has explicitly consented to share.

Last verified 2026-09-24Author Danil Marmysh, Founder & CEO, ProtegraReviewed by Anastasia Sidorenkova, Head of Licensing, ProtegraReport an errorReference information, not legal advice.

Sources

  1. PSD2 Annex I (8) · retrieved 2026-09-24

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