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Business · Chapter 08

Introducers: what they can and can't do

An introducer can help you find the right door and knock on it properly. They cannot walk through it for you - due diligence is never "skipped" through an introducer, and nobody can guarantee approval.

~3 min

The issue

In the EMI/neobank world, "introducers" (referral agents, business introducers) refer clients to an institution in exchange for a commission. The regulated entity that actually performs KYC/AML is always the EMI or bank itself; registered agents operate under its regulatory responsibility; distributors and introducers sit outside that perimeter - approved by the institution, but not regulated at EU level.

Why institutions ask

An experienced introducer can add real value when your profile is complex - multi-jurisdiction, an articulated corporate structure, a sector that's legal but borderline. They can help translate your business model into language a compliance team will understand, and point you toward institutions whose risk appetite realistically fits. What they cannot do, ever: guarantee approval, change AML/KYC rules, or hide relevant information. Final due-diligence responsibility always sits with the institution - a poorly prepared, undocumented, or inconsistent profile can be rejected with an introducer in the room.

What usually helps

The work in this plan - a clear description, consistent documents, a coherent website - is what actually gets you through, with or without an introducer. This module is educational only: it doesn't recommend introducers, and checking which institutions' published criteria fit your profile is what the eligibility wizard is for.

Your actions

  • If I work with an introducer, I understand they can't guarantee approval or bypass due diligence - and I haven't been asked to omit or alter any information.

    Only relevant if you're considering an introducer - mark it not applicable otherwise.

These become trackable items in your checklist once your personalized plan is generated.

Related sections

Provider requirements and risk appetite vary by country, institution, and over time. This is educational preparation, not legal, tax, financial, or compliance advice.

Source: Bank-Ready business guide · Chapter 08