terminal / r / is-pi

Payment Institution / Iceland

PSD2 · Act No. 114/2021 on Payment Servi… · supervised by Financial Supervisory Authority of the Central Bank of Iceland (FME) · IS Iceland

CapitalEUR 125,000 sourceTimeline3 months source

Granted activities

by client type

ActivityCONSUMERSMECORPORATEREG. FIVIA INTERMED.

Place cash on a payment accountvia-intermediary permitted via PSD2 Art 19 agents, subject to home-state registration of the agent Conditional Conditional Conditional None Conditional

Cash withdrawal from a payment accountvia-intermediary permitted via PSD2 Art 19 agents, subject to home-state registration of the agent Conditional Conditional Conditional None Conditional

Execute payment transactions (direct debits, card payments, credit transfers)via-intermediary permitted via PSD2 Art 19 agents, subject to home-state registration of the agent Conditional Conditional Conditional None Conditional

Execute payment transactions funded by a credit linevia-intermediary permitted via PSD2 Art 19 agents, subject to home-state registration of the agent Conditional Conditional Conditional None Conditional

Issue payment instruments and/or acquire payment transactionsvia-intermediary permitted via PSD2 Art 19 agents, subject to home-state registration of the agent Conditional Conditional Conditional None Conditional

Money remittancevia-intermediary permitted via PSD2 Art 19 agents, subject to home-state registration of the agent Conditional Conditional Conditional None Conditional

Payment initiation servicesvia-intermediary permitted via PSD2 Art 19 agents, subject to home-state registration of the agent Conditional Conditional Conditional None Conditional

Account information servicesvia-intermediary permitted via PSD2 Art 19 agents, subject to home-state registration of the agent Conditional Conditional Conditional None Conditional

Conditional: the grant carries the conditions listed under the activity.

Requirements

Minimum capitalEUR 125,000 source

Typical timeline to authorisation3 months source

Passporting reach

freedom-of-services · notification

DE FR NL IE LT LU MT BE ES IT PL SE DK EE CY AT BG HR CZ FI GR HU LV PT RO SK SI LI NO

Holders

2 in this corpus

CompanyRegister idStatus

Blikk hugbúnaðarþjónusta hf.9845003BE3EC0E3BE412register · look up 9845003BE3EC0E3BE412Aauthorised

Straumur greiðslumiðlun hf.636700DUNR2YSEKH8381register · look up 636700DUNR2YSEKH8381Aauthorised

Products unlocked

No product configuration resolves against this regime.

Derived business models

Computed from granted activities × permitted client types × passporting mode — not an opinion label.

B2CCONSUMER · 8 activities granted

B2BSME +1 · 8 activities granted

Open questions on this regime

No open questions recorded against this regime.

Resolved coverage in iceland

COVERED

Iceland8

Account information

own licenceconsumer · SME · corporate · via intermediaryconditionalhypothetical

Cash placement

own licenceconsumer · SME · corporate · via intermediaryconditionalhypothetical

Cash withdrawal

own licenceconsumer · SME · corporate · via intermediaryconditionalhypothetical

Execute payment transactions

own licenceconsumer · SME · corporate · via intermediaryconditionalhypothetical

Execute payment transactions credit line

own licenceconsumer · SME · corporate · via intermediaryconditionalhypothetical

Issue acquire payment instruments

own licenceconsumer · SME · corporate · via intermediaryconditionalhypothetical

Money remittance

own licenceconsumer · SME · corporate · via intermediaryconditionalhypothetical

Payment initiation

own licenceconsumer · SME · corporate · via intermediaryconditionalhypothetical

UNVERIFIED — CLAIMED, NOT TRACEABLE TO A LICENCE

No unverified rows.

Passported reach (29 further jurisdictions)

Where this licence can passport to. No holder in this corpus is registered in any of them, so every row here is what the licence would permit if held, never proof that it is.

COVERED

Germany8

Account information