Do we need our own AISP/PSD2 license to use GoCardless Bank Account Data?

The requirement for an AISP/PSD2 license depends on the specific country and its local financial regulations. GoCardless is a licensed AISP, meaning that our clients are not required to possess their own AISP/PSD2 license to use our services. However, some countries have regulations in place that necessitate specific types of companies to hold an AISP license. For example, in the UK, the Financial Conduct Authority (FCA) generally requires Personal Finance Management (PFM) applications, which provide users with account data, to obtain their own AISP license. You can find more information about this model on the FCA's website.

If you have any doubts or uncertainties, we recommend consulting your legal team to directly clarify the requirements with the local financial regulator in your country. GoCardless cannot provide confirmation or grant permission regarding licensing questions, as it is ultimately the responsibility of the local regulator to specify licensing requirements.

To determine the local regulator in your country, refer to the following list:

• AT (Austria): Austrian Financial Market Authority
• BE (Belgium): National Bank of Belgium
• BG (Bulgaria): Bulgarian National Bank
• CY (Cyprus): Central Bank of Cyprus
• CZ (Czech Republic): Czech National Bank
• DE (Germany): Federal Financial Supervisory Authority
• DK (Denmark): Danish Financial Supervisory Authority
• EE (Estonia): Estonian Financial Supervisory Authority
• ES (Spain): Bank of Spain
• FI (Finland): Finnish Financial Supervisory Authority
• FR (France): Prudential Supervisory and Resolution Authority
• GB (United Kingdom): Financial Conduct Authority (FCA)
• GR (Greece): Bank of Greece
• HR (Croatia): Croatian National Bank
• HU (Hungary): Central Bank of Hungary
• IE (Ireland): Central Bank of Ireland
• IS (Iceland): Central Bank of Iceland
• IT (Italy): Bank of Italy
• LI (Liechtenstein): Financial Market Authority Liechtenstein
• LT (Lithuania): Bank of Lithuania
• LU (Luxembourg): Commission for the Supervision of Financial Sector
• LV (Latvia): Financial and Capital Market Commission
• MT (Malta): Malta Financial Services Authority
• NL (Netherlands): The Netherlands Bank
• NO (Norway): The Financial Authority of Norway
• PL (Poland): Polish Financial Supervision Authority
• PT (Portugal): Bank of Portugal
• RO (Romania): National Bank of Romania
• SE (Sweden): Swedish Financial Supervisory Authority
• SI (Slovenia): Bank of Slovenia
• SK (Slovakia): National Bank of Slovakia

Please consult with your legal team to determine the specific local regulator in your country and obtain accurate information regarding licensing requirements.