Digital Onboarding Process In A Emi In Greece Required?
In digital onboarding, there are two methods that are envisioned - completing the process through a video conference with a trained agent or completing the process online with an EMI. The EMI method is preferred as it is completed entirely online and eliminates the challenge of document authentication in the initial phase. To operate as an electronic money institution in Greece, a company must obtain an EMI license from the Bank. The key to secure onboarding and access to digital banking services is moving to the cloud and meeting the growing demand. To open an account through digital onboarding, individuals must meet certain requirements such as being a permanent resident and being taxed exclusively in Greece, as well as providing proof of identity and having no active or inactive Eurobank products. VODAFONE Greece has introduced a mobile app for their partners to use in "hunting" for new customers, and this app allows for easy upload of required documents and video conferencing with representatives.
In Greece, to operate as an electronic money institution (EMI), a digital onboarding process is required, which generally involves completing the process through a video conference with a trained agent or completing the process online with an EMI. The EMI method is preferred as it is completed entirely online and eliminates the challenge of document authentication in the initial phase. Financial institutions must obtain an EMI license from the Bank of Greece to provide digital banking services. The key to secure onboarding and access to digital banking services is moving to the cloud and meeting the growing demand. To open an account through digital onboarding, individuals must meet specific requirements such as being a permanent resident, being taxed exclusively in Greece, providing proof of identity, and having no active or inactive Eurobank products. Vodafone Greece has introduced a mobile app for their partners to use in "hunting" for new customers, and this app allows for easy upload of required documents and video conferencing with representatives.
Sources
Related Questions
Work fast from anywhere
Stay up to date and move work forward with BrutusAI on macOS/iOS/web & android. Download the app today.