Electronic Money Institution Licence in Ireland
Common law, English-speaking, EU passporting. Central Bank of Ireland regulated. Capital from €350k. Typical timeline 6 to 12 months.
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Tell us the business, the markets and your timing. Every enquiry is answered the same business day, with a written proposal: the licence, the requirements, the cost and the timeline.
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Why Ireland for Your Electronic Money Institution Licence?
Ireland's combination of EU membership, English language, common law, and deep financial services expertise makes it a top-tier choice for EMI licensing.
Ireland is a premium EU jurisdiction for EMI licensing, particularly popular with firms seeking a combination of EU passporting and a common law legal framework.
Licence requirements
Detailed requirements
€350,000 initial capital. Significant local substance required. The Central Bank of Ireland has high standards for governance, compliance, and AML documentation.
Application process
Regulatory Strategy
We assess your business model and regulatory position to develop a clear licensing strategy.
Business Plan
We prepare a comprehensive business plan meeting the regulator's expectations.
Programme of Operations
Detailed programme of operations covering governance, compliance, and operational arrangements.
Compliance Framework
Full AML/CFT framework, compliance monitoring programme, and risk management policies.
Application Submission
We compile and submit the complete application package to the regulator.
Regulator Review
We manage all regulator communications and information requests during the review period.
Authorisation
Upon approval, we support your transition to live operations.
Process detail
Applications typically take 6 to 12 months. The Central Bank conducts a thorough and detailed review process.
Ireland vs United Kingdom
| Criteria | Ireland | United Kingdom |
|---|---|---|
| Capital | €350k | £350k |
| Timeline | 6 to 12 months | 6 to 12 months |
| Regulator | Central Bank of Ireland | FCA |
| Key Feature | Common law, English-speaking, EU passporting | Full EMI or Small EMI available, UK market access |
Related services
Licensing & Authorisation
Full-service licensing advisory from strategy to authorisation.
Compliance Support
Ongoing compliance frameworks tailored to your regulatory obligations.
Financial Crime
AML, KYC and financial crime prevention programmes.
Ready to get started?
Every enquiry is answered the same business day, with a written proposal.
Speak to a licensing expertFrequently asked questions
The capital requirement for a electronic money institution licence in Ireland is €350k. €350,000 initial capital. Significant local substance required. The Central Bank of Ireland has high standards for governance, compliance, and AML documentation.
The typical timeline for a electronic money institution licence in Ireland is 6 to 12 months. Applications typically take 6 to 12 months. The Central Bank conducts a thorough and detailed review process.
Ireland's combination of EU membership, English language, common law, and deep financial services expertise makes it a top-tier choice for EMI licensing.
After receiving your electronic money institution licence in Ireland, 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 Ireland, 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 Ireland provides access to the domestic market. Common law, English-speaking, EU passporting. Separate authorisation may be required for other jurisdictions.