# Electronic money institution licence (povolenie na vydávanie a správu elektronických peňazí bez obmedzenia rozsahu) (Slovakia)

Source page: https://protegra.io/licensing/licences/emi/slovakia/

The Electronic money institution licence (povolenie na vydávanie a správu elektronických peňazí bez obmedzenia rozsahu) is issued by National Bank of Slovakia (NBS) under Directive 2009/110/EC on electronic money institutions (EMD2). It can be passported to the other EU/EEA states by notification. Ownership changes need the regulator's approval before completion.

## At a glance

| Official name | Electronic money institution licence (povolenie na vydávanie a správu elektronických peňazí bez obmedzenia rozsahu) [1] |
| --- | --- |
| Issued by | [National Bank of Slovakia](https://protegra.io/licensing/regulators/nbs-slovakia/) |
| Jurisdiction | [Slovakia](https://protegra.io/licensing/jurisdictions/slovakia/) |
| Licence family | [Electronic money institution (EMI)](https://protegra.io/licensing/licences/emi/) |
| Legal basis | Directive 2009/110/EC on electronic money institutions (EMD2) [2] |
| Passporting | EU/EEA passport available |

## What it lets you do

- [Issuing electronic money](https://protegra.io/licensing/activities/e-money-issuance/)
- [Execution of payment transactions](https://protegra.io/licensing/activities/payment-execution/)
- [Money remittance](https://protegra.io/licensing/activities/money-remittance/)
- [Issuing payment instruments and acquiring payment transactions](https://protegra.io/licensing/activities/card-issuing-acquiring/)
- [Payment initiation services](https://protegra.io/licensing/activities/payment-initiation/)
- [Account information services](https://protegra.io/licensing/activities/account-information/)

- **Issuing electronic money.** Issuing monetary value stored electronically against funds received, redeemable at par and accepted by third parties as payment.
- **Execution of payment transactions.** Executing direct debits, card payments and credit transfers, including standing orders, from a payment account.
- **Money remittance.** Receiving funds from a payer solely to transfer them to a payee or another provider, without opening payment accounts.
- **Issuing payment instruments and acquiring payment transactions.** Issuing cards or other payment instruments to payers, and acquiring card and other payment transactions for merchants.
- **Payment initiation services.** Initiating a payment order at the user's request from an account held with another provider, as in open banking.
- **Account information services.** Providing consolidated online information on one or more payment accounts the user holds with other providers.

## Where it is valid

_Issued in Slovakia (gold); can be passported to the other EU/EEA states (blue) by notification._

## Buying a company that already holds it

**Prior approval required.**

## Laws behind it

- [Directive 2009/110/EC on the taking up, pursuit and prudential supervision of the business of electronic money institutions](https://protegra.io/licensing/laws/eu-emd2-2009-110/): Directive 2009/110/EC

## Sources

1. [subjekty.nbs.sk](https://subjekty.nbs.sk/?c=945): retrieved 2026-09-24
2. [eur-lex.europa.eu: HTML (32009L0110)](https://eur-lex.europa.eu/legal-content/EN/TXT/HTML/?uri=CELEX:32009L0110): retrieved 2026-09-24

Last verified 2026-09-24 · Author: Danil Marmysh · Reviewed by Anastasia Sidorenkova · © Protegra. Data: CC BY 4.0, cite "Protegra Licensing Atlas". Not legal advice.