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01 April 2017 Supervision Supervision label Factsheet

The application procedure comprises several steps. For example, we may ask you to provide supplementary information and – suspending the deadline for consideration – schedule a meeting, or we may need to assess your enterprise's decision makers.

After receiving your application, we will first verify whether you completed the form in full and enclosed all required documents.

  • If your application is complete: the consideration period will start and a team of our staff will assess your application.
  • If your application is incomplete: we will ask you to supplement the necessary information within a set deadline. The consideration period will not yet start. See also: How long will it take to consider my application for authorisation?

10 steps

The application procedure comprises several steps. For example, we may ask you to provide supplementary information and (suspending the deadline for consideration) schedule a meeting, or we may need to assess your institution's decision makers. We have prepared an illustrative overview of the steps that you may need to go through. Watch the animation about the practical aspects of applying for a licence.

EGI - Vergunningaanvraag - 10 stappen

Quality of your application

The time we need to consider your application greatly depends on its quality and completeness and on the supplementary information that you provide. If this is insufficient, we may need more than three months to come to a decision.

Success factors

We have listed a number of success factors that will help to guarantee a smooth consideration procedure. Please let us know if you have any other tips and recommendations that may be added to the list.

Sector(s)

  • Electronic money institutions