Single European licence
This part of the register also includes (foreign) undertakings offering payment services in the Netherlands on the basis of the so-termed single European licence. These undertakings are primarily supervised in the country of origin (home supervisor) (link to notification). Payment service providers from other EEA countries often provide services in the Netherlands on the basis of the so-termed single European licence through payment services agents established in the Netherlands.
Furthermore, a payment service provider may be exempted from the licensing requirement. Exempted payment service providers are not supervised by DNB, unless the exemption is subject to statutory conditions to be supervised by DNB. However, exempted payment service providers remain subject to conduct of business supervision by AFM.