How to become an agent?
Join our international network and supplement your business’ income through our secure and
efficient money transfer, currency exchange, and payment services. If you're interested, please fill
out the form below. The information provided will be sent directly to our colleagues, and they will
contact you within 48 hours.
Pentru mai multe detalii legate de procesul de a deveni agent Smith&Smith and the sources of income,
access the following document. [read more]
According to the provisions of Law 209/2019 art. 48, the Payment Institution can
outsource the services it provides to other entities (Agents) on Romanian
territory, with the obligation to inform the National Bank of Romania (NBR). Smith&Smith provides support in preparing the authorization file as an Agent.
The Agent partnership involves, in addition to the initial verification carried out by the payment institution, an additional and mandatory evaluation by the NBR. Thus, the NBR will register an Agent of a payment institution only if both the requesting legal entity for the agent status and the person responsible for managing and administering the payment services provided by the agent meet the criteria established in the regulations issued by the NBR.
The Agent's income will be represented by commissions related to the following services:
- Opening payment accounts for individuals
- Money transfer through Smith&Smith (domestic, international)
- Currency exchange in payment accounts, as an operation related to a money transfer
- Processing of payment orders to utility providers, bank installments, etc.
- Conclusion of motor third-party liability insurance policies (RCA)
- Collections and payments for customers of sports betting companies
- Collections and payments for customers accessing microloans from non-banking financial institutions
- External payments for individuals and legal entities
- Tax and duty collections
- EU traffic fines payments
The portfolio of payment services will be updated gradually, through the negotiations between Smith&Smith and Agent, depending on the Agent's progress, as well as compliance with rules and procedures Smith&Smith.
Apply now
Fill out the form below and you can become a agent Smith&Smith