Primary text ↗Verified
Dates
no data
In force from
Key provisions
2 in the graphThe article’s own text, quoted verbatim from the primary source below — a citable fact, not a summary. No plain-English explanation is shown: writing one would be legal analysis nobody sourced (docs/RULES.md R1). That register is reserved should sourced explanations be added later, and will never share this card’s styling.
Art. 11 (Art. 11 (Acordarea autorizației — instituție de plată))
prov:ro-pi-licence
ARTICLE TEXT — VERBATIM
no data
PLAIN-ENGLISH EXPLANATION
Not built — see docs/RULES.md R1. This register is reserved for a future, separately sourced and cited explanation; it will never be filled with unsourced prose.
Grants (in the graph) Execute payment transactions (direct debits, card payments, credit transfers), Money remittance, Payment initiation services, Account information services, Place cash on a payment account, Cash withdrawal from a payment account
Art. 4 (Art. 4 (Acordarea autorizației — instituție emitentă de monedă electronică))
prov:ro-emi-licence
ARTICLE TEXT — VERBATIM
no data
PLAIN-ENGLISH EXPLANATION
Not built — see docs/RULES.md R1. This register is reserved for a future, separately sourced and cited explanation; it will never be filled with unsourced prose.
Grants (in the graph) Issue electronic money, Execute payment transactions (direct debits, card payments, credit transfers), Money remittance, Payment initiation services, Account information services
National regimes implementing it
2 regimesOne statute, implemented differently by each regime below — the same directive granting different activities, client types and capital figures market by market.
WhereAuthorityRegimeCapital · transitionFirms
ROBanca Naţională a României (BNR)E-Money Institution / RomaniaIssue electronic moneyEUR 350,000 source3 months source2
ROBanca Naţională a României (BNR)Payment Institution / RomaniaPlace cash on a payment account, Cash withdrawal from a payment account +6EUR 125,000 source3 months source3
Sources
No provision on this page carries a source URL yet.
Need this implemented in your product?
I turn requirements like these into flows, vendor setups, tests and audit evidence.
Page: regulatory dates