PAYMENT.TECHNOLOGY.LAW.
  • Categories
    • Anti Money Laundering
    • Banking
    • Bitcoin & Co.
    • Data Protection
    • FinTech
    • GDPR
    • Infographic
    • IT-Security
    • Legal
    • P2P
    • Payment
    • Podcast
    • PSD2
    • Regulatory
    • Tax
  • Podcast
  • Infographics
  • About
  • Contact
  • Glossary
  • EN
  • DE
PAYMENT.TECHNOLOGY.LAW.
  • Categories
    • Anti Money Laundering
    • Banking
    • Bitcoin & Co.
    • Data Protection
    • FinTech
    • GDPR
    • Infographic
    • IT-Security
    • Legal
    • P2P
    • Payment
    • Podcast
    • PSD2
    • Regulatory
    • Tax
  • Podcast
  • Infographics
  • About
  • Contact
  • Glossary
  • EN
  • DE

E-money agent

According to Section 1 para. 10 ZAG, an e-money agent is an independent trader who acts on behalf of an e-money institution with regard to the sale and redemption of e-money. Companies that sell or redeem e-money of a CRR credit institution are not e-money agents. However, just like e-money agents, they are obligated persons under Section 2 para. 1 No. 5 of the German Anti-Money Laundering Act (GwG).

Print Friendly, PDF & EmailDownload / Print
Paytechlaw on Social
Twitter
SoundCloud
Spotify
LinkedIn
Xing
RSS
Subscribe to our newsletter
Never miss PayTechLaw news again - subscribe to our newsletter

Media Cooperation & Chair of the Jury
Transactions | PayTechLaw | TRX20
Featured
  • PEPS-I: Monnet 2.0 or SCT Inst?
    • 10. March 2020
    • byDr. Hugo Godschalk
  • Corona vouchers
    • 14. April 2020
    • byDr. Hugo Godschalk
  • P2B Regulation or “platform, be kind to your merchants”
    • 17. March 2020
    • byDr. Florian Lörsch
  • PayTechTalk 51: Small donation – Big impact: SmallChangeCard – OpenStreetPay brings digital change to homeless people
    • 7. May 2020
    • byDr. Susanne Grohé
  • Cryptocurrencies & crypto custody services: the custody of digital funds
    • 7. July 2020
    • byAlireza Siadat,Dr. Anna L. Izzo-Wagner
PAYMENT.TECHNOLOGY.LAW.
Payment. Technology. Law.
  • Contact
  • Newsletter
  • Imprint
  • Data Protection Policy