en

payment institution

1

Terminological databases

EKI terminibaas Esterm

ID 736468 Last modified 17.05.2016
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Domain Financial Affairs - Taxation & Customs
  • äriühing, kelle püsiv tegevus on makseteenuste osutamine
  • a legal person that has been granted authorisation in accordance with Article 10 to provide and execute payment services throughout the Community
Good to know
  • Maksmine on laialt levinud mõiste ja kasutatud termin. Tuleb lähtuda kontekstist ja struktuurifondide kontekstis tuleks vältida makseteenuste termineid jne, kui ei ole tegu ühe ja sama asutusega (ehk asutusega, kes on seaduse kohaselt ka makseasutus). [17.05.2016]
makseasutus
Usage examples
  • Makseasutus või e-raha asutus ei pea krediidi andmiseks vastavalt makseasutuste ja e-raha asutuste seaduse § 5 lõikes 4 sätestatule tegevusluba taotlema.
  • Makseasutus võib tegutseda üksnes aktsiaseltsina, kui ta osutab mõnda käesoleva seaduse § 3 lõikes 1, välja arvatud punktis 6, nimetatud makseteenust. Makseasutus on finantseerimisasutus krediidiasutuste seaduse § 5 tähenduses.
payment institution
Usage examples
  • However, in order to remove legal barriers to market entry, it is necessary to establish a single licence for all providers of payment services which are not connected to taking deposits or issuing electronic money. It is appropriate, therefore, to introduce a new category of payment service providers, ‘payment institutions’, by providing for the authorisation, subject to a set of strict and comprehensive conditions, of legal persons outside the existing categories to provide payment services throughout the Community.

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