Payment institution (PI) · Slovakia

Payment institution licence (povolenie na poskytovanie platobných služieb bez obmedzenia rozsahu) (Slovakia)

The Payment institution licence (povolenie na poskytovanie platobných služieb bez obmedzenia rozsahu) is issued by National Bank of Slovakia (NBS) under Act No 492/2009 on payment services (and amending certain laws). It can be passported to the other EU/EEA states by notification. The legal decision period is 3 months from receipt of a complete application, extendable by 1 month (Act No. 492/2009 Coll. on payment services, § 67(3)).

Last verified 2026-09-24Regulator NBSMarkdown · Data (CC BY 4.0)
Payment institution licence (povolenie na poskytovanie platobných služieb bez obmedzenia rozsahu): licencePI

At a glance

Official namePayment institution licence (povolenie na poskytovanie platobných služieb bez obmedzenia rozsahu)1
Issued byNational Bank of Slovakia
JurisdictionSlovakia
Licence familyPayment institution (PI)
Legal basisAct No 492/2009 on payment services (and amending certain laws)2
Directive (EU) 2015/2366 on payment services in the internal market (PSD2)3
PassportingEU/EEA passport available
Statutory decision time3 months from receipt of a complete application, extendable by 1 month (Act No. 492/2009 Coll. on payment services, § 67(3))2

What it lets you do

  • 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

Slovakia licence, passportable across the EU/EEAATBEBGHRCYCZDKEEFIFRDEGRHUIEITLVLTLUNLPLPTROSKSIESSEISNOMTLI
Issued in Slovakia (gold); can be passported to the other EU/EEA states (blue) by notification.

How long it takes

Time to licence: statutory 3-3 monthsStatutory3 months

Statutory: 3 months from receipt of a complete application, extendable by 1 month (Act No. 492/2009 Coll. on payment services, § 67(3))2. Observed: not published. The statutory clock usually starts only when the regulator treats the application as complete, and pauses while it waits for answers to its questions.

Buying a company that already holds it

Prior approval required.

Laws behind it

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. subjekty.nbs.sk · retrieved 2026-09-24
  2. slov-lex.sk: 492 · retrieved 2026-09-24
  3. eur-lex.europa.eu: HTML (32015L2366) · retrieved 2026-09-24

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