Registered account information service providers

Published: 27/7/2018
The Croatian National Bank will issue a decision on the entry in the register of payment service providers and electronic money issuers if it assesses, based on the application and the submitted documentation that all the conditions prescribed by the Payment System Act have been met.

A registered account information service provider may be a natural person or legal person pursuing a business activity registered in the Republic of Croatia that has been issued a decision by the Croatian National Bank on the entry in the register of payment service providers and electronic money issuers.

Registered account information service providers may not provide other payment services except account information services. Natural persons pursuing a business activity registered in the Republic of Croatia or legal persons intending to provide an account information payment service have to submit to the Croatian National Bank an application for entry in the register of payment service providers and electronic money issuers, supported by other documentation and information as prescribed in Article 132 of the Payment System Act.

The prescribed documentation and information that have to be submitted to the Croatian National Bank for the purpose of entry in the register of payment service providers and electronic money issuers are specified in Guidelines on the information to be provided for the authorisation of payment institutions and e-money institutions and for the registration of account information service providers under Article 5, paragraph (5) of Directive (EU) 2015/2366.

In addition to the application and the prescribed documentation, the applicants should also submit a completed and signed Obrazac za prikupljanje i obradu osobnih podataka.

Based on the submitted application for entry in the register of payment service providers and electronic money issuers and the documentation and information provided, the Croatian National Bank will decide on the application and adopt a decision on the entry in the register in an administrative procedure if all the conditions for entry in the register as prescribed by Article 131 of the Payment System Act have been met. Legal persons may provide an account information service only after that payment service has been entered as a business activity in the register of companies or the crafts register.