# electronic money institution (ELMI)

- Canonical URL: https://www.gerhardmerk.de/electronic-money-institution-elmi
- Post ID: 604491
- Modified: 2026-09-07T19:47:59+00:00
- Language: en

## Definition

An electronic money institution (ELMI) is a regulated entity permitted under the EU framework to issue electronic money. Its business is limited primarily to electronic-money services and to financial or non-financial activities directly associated with them. This narrower scope is reflected in a lighter prudential regime than that applicable to institutions conducting the broader business of a bank. The designation identifies a specialised issuer within the regulated payments sector.

## Machine-readable

- Generator: Merk Knowledge 1.1.1