Profile rates
Data-derived · A is broadestThree named tiers comparing this institution against the rest of the European register.
- Reach
- Pan-EuropeanTier A
- Scope
- Multi-serviceTier B
- Tenure
- MatureTier B
Passports into 26 EEA jurisdictions.
Authorised for 5 payment-services activities.
Authorised 6 years ago.
About this institution
Verified active. BNEXT ELECTRONIC ISSUER, E.D.E., SOCIEDAD LIMITADA holds a current Spanish e-money licence. It is authorised to issue payment instruments and acquire payment transactions. Cash withdrawal services on a payment account and issuance of electronic money are also permitted. Safeguarding of customer funds and execution of payment transactions on a payment account fall within the licence.
The licence is passported into 26 EEA host states. The licence covers Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, and France. Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, and Sweden.
The register lists the licence grant date as 23 January 2020 and confirms the entity's authorisation continues as of the last cross-check. Banco de Espana, reference 6717, records BNEXT ELECTRONIC ISSUER, E.D.E., SOCIEDAD LIMITADA as active.
Licence timeline
3 dated eventsDated events for BNEXT ELECTRONIC ISSUER, E.D.E., SOCIEDAD LIMITADA, from the register record and this directory’s daily cross-checks. Status changes are recorded as they are observed.
Cross-checked against the Banco de Espana register
Automated daily verification of licence status and reference.
First verified and added to this directory
Licence granted by the Banco de Espana
Position in the Spain register
Spain EMIs
12
Active
12
Full / small licences
12 / 0
Licence age rank
7/12
BNEXT ELECTRONIC ISSUER, E.D.E., SOCIEDAD LIMITADA is one of 12 e-money institutions on the Spain register, 12 of which are currently active. Its licence is the 7th oldest of the 12 dated Spain EMI authorisations, one of 3 granted in 2020.
Is your money safe with BNEXT ELECTRONIC ISSUER, E.D.E., SOCIEDAD LIMITADA?
BNEXT ELECTRONIC ISSUER, E.D.E., SOCIEDAD LIMITADA holds an e-money authorisation from Banco de Espana, which means client money must be safeguarded: held separately from the firm's own funds at a credit institution, or covered by an equivalent insurance policy. E-money is not a bank deposit - it is not covered by a national deposit guarantee scheme, so there is no automatic compensation payout if the firm fails.
If an authorised EMI becomes insolvent, safeguarded funds sit outside the insolvency estate and are returned to customers by the administrator - repayment can take time, and administration costs may be deducted along the way.
EEA passporting
26 jurisdictionsUnder the EU passporting regime, BNEXT ELECTRONIC ISSUER, E.D.E., SOCIEDAD LIMITADA can provide services across the following EEA jurisdictions, in addition to its home authorisation in Spain.
Portugal6
Cyprus6
Greece6
Estonia6
Finland6
Poland6
Romania6
Bulgaria6
Hungary6
Slovenia6
Lithuania6
Belgium6
Netherlands6
Ireland6
Croatia6
Slovakia6
Italy6
Sweden6
Latvia6
Germany6
France6
Denmark6
Austria6
Czech Republic6
Malta6
Luxembourg6
Authorised activities (PSD2 / EMD2)
Payment-services activities BNEXT ELECTRONIC ISSUER, E.D.E., SOCIEDAD LIMITADA is permitted to carry out under its licence, as recorded in the register.
- Safeguarding of customer fundsSAFEGUARDING
- Issuing payment instruments and acquiring payment transactionsPSD2_5
- Cash withdrawal services on a payment accountPSD2_2
- Issuance of electronic moneyEMI_ISSUANCE
- Execution of payment transactions on a payment accountPSD2_3
Frequently asked questions
- Is BNEXT ELECTRONIC ISSUER, E.D.E., SOCIEDAD LIMITADA a licensed e-money institution?
- Yes. BNEXT ELECTRONIC ISSUER, E.D.E., SOCIEDAD LIMITADA holds EMI authorisation from Banco de Espana in Spain, licence reference 6717. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.
- Who regulates BNEXT ELECTRONIC ISSUER, E.D.E., SOCIEDAD LIMITADA?
- BNEXT ELECTRONIC ISSUER, E.D.E., SOCIEDAD LIMITADA is authorised and supervised by Banco de Espana in Spain. Its e-money licence and current status are listed on the EBA EUCLID register at euclid.eba.europa.eu.
- What is BNEXT ELECTRONIC ISSUER, E.D.E., SOCIEDAD LIMITADA's licence or FRN number?
- BNEXT ELECTRONIC ISSUER, E.D.E., SOCIEDAD LIMITADA's licence reference number is 6717. Enter it on the EBA EUCLID register at euclid.eba.europa.eu to confirm the institution's identity and that its authorisation is in force.
- Is BNEXT ELECTRONIC ISSUER, E.D.E., SOCIEDAD LIMITADA authorised in other EEA countries?
- Yes. BNEXT ELECTRONIC ISSUER, E.D.E., SOCIEDAD LIMITADA is passported to 26 EEA jurisdictions, meaning it can provide e-money and payment services across those countries on its home authorisation.
Sourced from the FCA Financial Services Register and the EBA EUCLID register; cross-checked daily.
Other licensed institutions in Spain
Registered office
- Street
- CALLE LOPEZ DE HOYOS 135 PLANTA 1, C
- City
- MADRID, 28002
Ratings & reader notes
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