EMI Capital Requirements Calculator

Computes own-funds requirements for E-Money Institutions under EMD2 (2009/110/EC) and UK E-Money Regulations 2011. Calculates Methods A, B, and C per EMD2 Article 5, recommends the optimal method, and generates a comparison table with capital buffer guidance.

EMD2 Art 5 UK EMRs 2011 EBA/GL/2021/03 Zero PII · Client-Side

Scope & reliance: 🔒 All inputs are processed locally in your browser. No data is transmitted. Do not enter real personal data — use synthetic or anonymised inputs only. Method percentages and thresholds are per EMD2 Art 5 and UK EMRs 2011 Reg 19 as published: verify against current legislative texts and EBA/GL/2021/03 before relying on any output. The €350,000 initial capital floor is non-negotiable. Deterministic logic · no inference · zero PII · CC BY 4.0.

Method Selection & Inputs

Calculation Method

Method A

2% of average outstanding e-money. Simple. Best for stable, predictable e-money float.

Method B

% of Relevant Indicator (net income / operating income). Tiered rate. Best for large payment volumes with low float.

Method C

% of payment transaction volume. Scaled rate. Best for transaction-heavy models with large volumes.

Average Outstanding E-Money (£/€): Methods A & B 6-month rolling average of e-money issued and outstanding. EMD2 Art 5(2).

Relevant Indicator: Method B (£/€/yr) Sum of net interest income, net fee income, and other operating income. EMD2 Art 5(3) / EMRs 2011 Sch 1.

Payment Transaction Volume: Method C (£/€/yr) Total value of payment transactions executed in the preceding 12 months. EMD2 Art 5(4).

Risk-Adjusted Multiplier (k) NCA may adjust own-funds by up to ±20% based on risk assessment. EMD2 Art 5(5) / EMRs 2011 Reg 19(5).

Jurisdiction

Existing Own Funds (£/€) Current own funds held by the EMI for comparison against requirement.

EMD2 Art 5 Formulas

Method A: Own Funds = max(€350,000, 2% × avg_outstanding_emoney × k) Method B: Own Funds = max(€350,000, RI_scaled × k) where RI_scaled = sum of RI_band × rate Method C: Own Funds = max(€350,000, PV_scaled × k) where PV_scaled = sum of PV_band × rate

Own Funds Requirement

All-Methods Comparison

Method	Basis	Calculated Amount	After Floor	After k-Multiplier	vs. Initial Capital Floor	Tag

Calculation Breakdown

Capital Buffer Analysis

ⓘ EBA/GL/2021/03 recommends EMIs maintain a buffer above regulatory minimum to absorb operational shocks. A buffer of 20–30% above the calculated requirement is common in FCA supervisory expectations. The buffer does not reduce the regulatory minimum.