What is an AEMI licence?
If you’re a UK-based business looking to issue electronic money, you must be authorised by the Financial Conduct Authority (FCA) as an Electronic Money Institution (EMI), in line with the Electronic Money Regulations 2011 and the Payment Services Regulations 2017.
There are two types of EMI licences:
You’ll need to apply for an AEMI licence if your business:
An AEMI licence is designed for larger businesses with higher transaction volumes and broader service offerings.
What do I need to get an AEMI licence?
To apply for an Authorised Electronic Money Institution (AEMI) licence in the UK, you must meet specific FCA requirements, including:
How long does it take to get an AEMI licence?
We typically prepare your AEMI licence application within 6 to 8 weeks. Once submitted, the FCA generally takes up to 3 months to make a decision on a complete application. However, in practice, the entire process can take 6 months or longer to achieve full authorisation.
Will I be accepted for an AEMI licence?
With a 99% success rate for applications submitted on behalf of our clients, we take pride in delivering results. Before we take on your case, we’ll conduct a thorough pre-screening of your company, directors, and shareholders to ensure you meet the FCA’s requirements. These checks allow us to proceed with confidence and maximise your chances of approval on the first attempt.
How much does it cost?
We offer a flat-fee pricing model for AEMI licence applications. This fee includes unlimited follow-up with the FCA until your licence is granted. There are no hidden charges; you just need complete support from start to finish.
