The term intra-group exemption refers to various exceptional circumstances when a banking transaction, a financial service or a payment service is exceptionally not considered to constitute such an activity.
If the intra-group exemption applies, the activity is also not subject to an otherwise existing licence requirement. The intra-group exemption can be found in particular in Section 2 para. 1 no. 7 of the German Banking Act (KWG), Section 2 para. 6 sentence 1 no. 5 KWG and Section 2 para. 1 no. 13 of the German Payment Services Supervision Act (ZAG).