We are amending the “Regulations on Opening, Holding and Closing an Integrated Bank Account at mBank S.A.” as of 1 November 2019.
Owing to amendments to the Payment Services Act, we are adding Chapter 12 “Special Terms and Conditions of Serving Payment Institutions, Electronic Money Institutions, Small Payment Institutions and Payment Service Offices” to the IBAA Regulations. It applies only to (potential and existing) clients who hold a valid authorisation to operate as a payment institution, electronic money institution, small payment institution or payment service office.
We are also changing the method of settlement of funds remaining in a VAT account upon termination of the account agreement (Article 59) pursuant to the Act of 9 August 2019 on Amendments to the Goods and Services Tax Act and Certain Other Acts.
Publication date of amended Regulations: 14 October 2019
The uniform text of the document is available from the Forms and Regulations section.