Regulated framework, internal controls and client protection.
Project Collect operates under the supervision of the Czech National Bank with structured AML/KYC, GDPR-aware data handling and a transparent process for every client case.
Authorised by the Czech National Bank
Project collect s.r.o. holds an authorisation from the Czech National Bank as a small-scale electronic money issuer. The company operates within the scope of this licence and complies with the applicable regulatory framework.
Regulatory oversight
The company's activities are subject to ongoing supervision by the Czech National Bank. Reporting obligations, capital requirements and internal controls are maintained in line with regulatory expectations.
Internal controls
Every case is processed through a controlled workflow: client identification, business purpose assessment, payment instruction review, transaction processing and documented finalisation.
AML / KYC
Anti-money-laundering and know-your-client checks are integral to every onboarding. Identity verification, source-of-funds checks and ongoing monitoring are applied as required by regulation.
GDPR & data protection
Personal data is collected, processed and stored with purpose limitation, role-based access and structured documentation. Clients have the right to access, rectification and erasure under applicable data protection law.
How it works
- Initial client inquiry and qualification
- Identity and business verification (KYC/AML)
- Payment instruction preparation and review
- Transaction processing under the regulated framework
- Documentation and CRM recording
- Final review and case closure
Client requirements
- Company identification and registration details
- Statutory representative or authorised person details
- Clear business purpose and expected transaction pattern
- Target countries and currencies
- Estimated transaction volumes
- Type of business counterparties
Specific legal documentation and compliance measures may be reviewed and validated with a qualified legal advisor. Project Collect does not present itself as a bank or a fully licensed credit institution.