The processing of data on the natural persons is for the purpose of fulfilling the National Bank requirements arising from the control and supervisory function of the National Bank, i.e. checking the necessary documentation for license issuance to payment institution/ electronic money issuer and entry of agents; issuance of a currency exchange license to authorized currency exchange officers and issuance of approval to open or hold an account in foreign bank.

The collection license and approval issuance to non-banking payment service providers, payment system operators, exchange offices and approvals to natural persons processes the personal data of the following categories of subjects:

- the responsible officer/s-manager/s, member/s of the management board, trade company, persons (legal and natural) that through persons they have close connections with have a qualified holding for license issuance, payment institution/ electronic money issuer and responsible officer/s-managers of their agents; 

- the responsible officer/s-manager/s of the legal entity that has applied for currency exchange license and responsible officer/s that will perform currency exchange operations and  

- person/s that applies/ apply for obtaining an approval to open/hold account in a foreign bank.  

The National Bank processes the following categories of personal data:

- name and surname;

- identification number of the citizen;

- date and place of birth;

- place and address/residence; 

- Date of issue and validity period of the ID card -(citizenship)

- Date, place, number of issue and validity period of the residence permit–(citizenship)

- phone;

- data on (non)conviction;

- data on (non)imposed ban on performing a profession, activity or duty;

The storage period for the personal data processed is set at 10 (ten) years, as follows: 

- after the cancellation of the currency exchange license.

- after the expiration of the resident’s approval to open or hold an account in a foreign bank.  

- after the end of the calendar year in which it was received, i.e. after the termination of the position of a member of a management body, and 

- from the date when the person ceased to have qualified holding in the trade company, (associates and the persons connected to members of a management body, persons who were in close connections or had a qualified holding in the trade company".