INSTRUCTION OF CENTRAL BANK OF THE RUSSIAN FEDERATION

of June 30, 2025 No. 7110-U

About the notification procedure of the Bank of Russia the operator of electronic money about the beginning of activities for implementation of the translation of electronic money

This Instruction based on part 4 of article 12 of the Federal Law of June 27, 2011 No. 161-FZ "About national payment system" establishes the notification procedure of the Bank of Russia the operator of electronic money about the beginning of activities for implementation of the translation of electronic money.

1. The operator of electronic money performing activities for the translation of electronic money sends to the Bank of Russia the notification on the beginning of activities for implementation of the translation of electronic money (further - the notification) in electronic form by means of private office, the reference to which is posted on the official site of the Bank of Russia on the Internet, according to the order of interaction established by the regulation of the Bank of Russia adopted based on Article 9. 2, parts one and fourth Article 73. 1, parts one, third, sixth and eighth Article 76. 9, parts one, third, sixth and eighth article 76.9-11 of the Federal Law of July 10, 2002 No. 86-FZ "About the Central bank the Russian Federation (Bank of Russia)", parts 1, 4, the 5 and 7 article 35.1 of the Federal Law of June 27, 2011 No. 161-FZ "About national payment system".

2. The notification is signed by person performing functions of sole executive body of the operator of electronic money or the other person authorized by it on signing of the notification with indication of the following data:

2.1. Information on the operator of electronic money:

complete (complete corporate) name and location;

license number on banking operations, the credit institution issued by the Bank of Russia or the foreign bank performing activities in the territory of the Russian Federation through the branch (further - the license for banking operations).

2.2. Date of the first increase in remaining balance of electronic money (in the dd.mm.gg format.).

2.3. Type (types) of the electronic instruments of payment provided to clients (further - ESP):

the personified prepaid card, not personified prepaid card with carrying out the simplified identification, not personified prepaid card without carrying out identification, corporate prepaid card;

the other than prepaid card personified ESP for the translation of electronic money which is not personified by ESP for the translation of electronic money with carrying out the simplified identification, not personified ESP for the translation of electronic money without carrying out identification, corporate ESP for the translation of electronic money.

2.4. Information on the organizations, the electronic money raised by the operator for rendering operational services and (or) services of payment clearing (in case of their attraction):

complete (complete corporate) the name of the organization attracted with the operator of electronic money to rendering operational services and (or) services of payment clearing;

license number on banking operations - for credit institution or the foreign bank performing activities in the territory of the Russian Federation through the branch;

identification taxpayer number (further - INN) - for the Russian organization which is not credit institution;

INN or code of the foreign organization (further - KIO) - for the foreign organization. In case of absence at the INN and KIO foreign organization the digital country code of registration of the foreign organization according to the All-Russian Qualifier of the Countries of the World (ARQCW) is specified.

3. This Instruction is subject to official publication and according to the solution of the Board of directors of the Bank of Russia (the minutes of the Board of directors of the Bank of Russia of June 23, 2025 No. PSD-17) become effective since January 1, 2026.

4. From the date of entry into force of this Instruction to declare invalid the Instruction of the Bank of Russia of September 14, 2011 No. 2694-U "About the notification procedure of the Bank of Russia the operator of electronic money about the beginning of activities for implementation of the translation of electronic money" <1>.

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<1> It is registered by the Ministry of Justice of the Russian Federation on September 21, 2011, registration No. 21854.

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