Licence number
115.1.3.48
Authorised since
17 Feb 2022
EEA passports
29
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
- GrowingTier C
Passports into 29 EEA jurisdictions.
Authorised for 5 payment-services activities.
Authorised 4 years ago.
About this institution
Verified active. BNKPRO EUROPE LTD holds a Cyprus e-money licence, reference 115.1.3.48, granted 17 February 2022. Licence authorises issuance of electronic money and execution of payment transactions covered by credit lines. It also authorises execution of payment transactions on a payment account, safeguarding of customer funds, and money remittance. The licence enables BNKPRO EUROPE LTD to issue electronic money and facilitate cross-border payments. Issuance of electronic money allows customers to hold digital balances in local currency. Safeguarding of customer funds is governed by Cyprus regulatory safeguards, ensuring protection of deposits. Execution of payment transactions on a payment account permits real-time transfers from customer balances. Execution of payment transactions where funds are covered by credit line enables overdraft-style payments. Money remittance services allow customers to transfer funds abroad within the EEA. This expansive reach facilitates effective regulatory compliance for cross-border operations across multiple jurisdictions.
Licence passported into 29 EEA host states, including Germany, France, Spain, Italy, the Netherlands, Poland, and other nations. The passporting coverage extends to all listed host states, providing regulatory parity across the EEA. The licence covers 29 host states, covering diverse markets from Germany to Sweden.
Data note: licence granted date is recorded; passporting count confirms 29 host states; operational status remains active. Cross-checked against the Cyprus Securities and Exchange Commission register, reference 115.1.3.48, status as at last cross-check: active.
Licence timeline
3 dated eventsDated events for BNKPRO EUROPE LTD, from the register record and this directory’s daily cross-checks. Status changes are recorded as they are observed.
Cross-checked against the Cyprus Securities and Exchange Commission register
Automated daily verification of licence status and reference.
First verified and added to this directory
Licence granted by the Cyprus Securities and Exchange Commission
Position in the Cyprus register
Cyprus EMIs
35
Active
35
Full / small licences
35 / 0
Licence age rank
17/35
BNKPRO EUROPE LTD is one of 35 e-money institutions on the Cyprus register, 35 of which are currently active. Its licence is the 17th oldest of the 35 dated Cyprus EMI authorisations, one of 3 granted in 2022.
Is your money safe with BNKPRO EUROPE LTD?
BNKPRO EUROPE LTD holds an e-money authorisation from Cyprus Securities and Exchange Commission, 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
29 jurisdictionsUnder the EU passporting regime, BNKPRO EUROPE LTD can provide services across the following EEA jurisdictions, in addition to its home authorisation in Cyprus.
Spain8
Norway8
Liechtenstein8
Malta8
Austria8
Romania8
Ireland8
Estonia8
Portugal8
Belgium8
Luxembourg8
Sweden8
Italy8
Czech Republic8
Poland8
Lithuania8
Slovenia8
Latvia8
Iceland8
France8
Germany8
Greece8
Hungary8
Bulgaria8
Netherlands8
Croatia8
Slovakia8
Finland8
Denmark8
Authorised activities (PSD2 / EMD2)
Payment-services activities BNKPRO EUROPE LTD is permitted to carry out under its licence, as recorded in the register.
- Execution of payment transactions where funds are covered by credit linePSD2_4
- Safeguarding of customer fundsSAFEGUARDING
- Money remittancePSD2_6
- Issuance of electronic moneyEMI_ISSUANCE
- Execution of payment transactions on a payment accountPSD2_3
Frequently asked questions
- Is BNKPRO EUROPE LTD a licensed e-money institution?
- Yes. BNKPRO EUROPE LTD holds EMI authorisation from Cyprus Securities and Exchange Commission in Cyprus, licence reference 115.1.3.48. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.
- Who regulates BNKPRO EUROPE LTD?
- BNKPRO EUROPE LTD is authorised and supervised by Cyprus Securities and Exchange Commission in Cyprus. Its e-money licence and current status are listed on the EBA EUCLID register at euclid.eba.europa.eu.
- What is BNKPRO EUROPE LTD's licence or FRN number?
- BNKPRO EUROPE LTD's licence reference number is 115.1.3.48. 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 BNKPRO EUROPE LTD authorised in other EEA countries?
- Yes. BNKPRO EUROPE LTD is passported to 29 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 Cyprus
Registered office
- Street
- Chilonos 2A, The Riverside Forum, 2nd floor
- City
- Nicosia, 1101
Ratings & reader notes
96 ratings · 0 written notes
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- 4★21
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- 2★2
- 1★12
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