License for currency exchange

The legislation of the Republic of Estonia provides the businessmen with opportunity to render their clients with currency exchange services on the basis of a financial institution license (FFA), both directly at the currency exchange office in the territory of Estonia and remotely around the world, through various banking channels and FinTech solutions.

The license for currency exchange in Estonia

• Regulator: Office for money laundering prevention (Financial Intelligence Unit, FIU)
• Legal framework: Money Laundering and Terrorist Financing Prevention Act
• Period of consideration for the application: up to 30 working days

Obtaining a license for currency exchange operations in Estonia

The filing of an application and the obtaining of a currency exchange license is a consistent procedure established by law, requiring strict compliance with the various requirements arising from the relevant legal acts of the Republic of Estonia.

The lawyers of our company will provide you with full legal support in obtaining the license of the currency exchanger, including advice on all the requirements established by law and applicable to the currency exchange service provider (including AML/KYC), as well as prepare and provide the regulator with the appropriate application with all the supporting documentation necessary for the successful completion of the license obtaining procedure.

Contact us

If you have any questions or you are interested in the possibility of obtaining a license for the provision of currency exchange services – please contact us using the following communication channels:

Telephone: +372 6775544
E-mail: klienditugi@kalashnikov.ee
Skype: kalashnikov.ee
Viber|WhatsApp|Telegram: +372 82088888

We will be happy to answer your questions and provide you with quality legal support in obtaining a license for currency exchange operations.