Electronic Money Institution Licence — Belgium

EU passporting, home of EU institutions. NBB regulated. Capital from €350k. Typical timeline 6–12 months.

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Why Belgium for Your Electronic Money Institution Licence?

Belgium offers central European location, proximity to EU institutions, and a well-developed financial infrastructure.

The National Bank of Belgium regulates EMIs. Belgium's position as host to EU institutions provides unique proximity to European policymakers.

Licence Requirements

Minimum Capital€350k
RegulatorNBB
Typical Timeline6–12 months
Key DifferentiatorEU passporting, home of EU institutions

Detailed Requirements

€350,000 capital. Comprehensive governance and AML documentation. Local substance expected.

Application Process

1

Regulatory Strategy

We assess your business model and regulatory position to develop a clear licensing strategy.

2

Business Plan

We prepare a comprehensive business plan meeting the regulator's expectations.

3

Programme of Operations

Detailed programme of operations covering governance, compliance, and operational arrangements.

4

Compliance Framework

Full AML/CFT framework, compliance monitoring programme, and risk management policies.

5

Application Submission

We compile and submit the complete application package to the regulator.

6

Regulator Review

We manage all regulator communications and information requests during the review period.

7

Authorisation

Upon approval, we support your transition to live operations.

Process Detail

6 to 12 months.

Belgium vs United Kingdom

CriteriaBelgiumUnited Kingdom
Capital€350k£350k
Timeline6–12 months6–12 months
RegulatorNBBFCA
Key FeatureEU passporting, home of EU institutionsFull EMI or Small EMI available, UK market access

Frequently Asked Questions

The capital requirement for a electronic money institution licence in Belgium is €350k. €350,000 capital. Comprehensive governance and AML documentation. Local substance expected.

The typical timeline for a electronic money institution licence in Belgium is 6–12 months. 6 to 12 months.

Belgium offers central European location, proximity to EU institutions, and a well-developed financial infrastructure.

After receiving your electronic money institution licence in Belgium, you must maintain ongoing compliance with regulatory requirements including safeguarding of customer funds, regular regulatory reporting, maintaining adequate capital, updating AML and compliance frameworks, and cooperating with supervisory reviews and inspections.

Most jurisdictions require local substance for a electronic money institution licence. In Belgium, you will typically need a registered office, at least one locally resident director, and potentially additional operational staff. We can advise on the exact requirements and help you establish the minimum viable local presence.

A electronic money institution licence in Belgium provides access to the domestic market. EU passporting, home of EU institutions. Separate authorisation may be required for other jurisdictions.