Part 2 of Decision No. 511/BOL (2025) addresses cross-border payment service providers, setting out service categories, capital requirements, licensing conditions, and compliance obligations to ensure financial security, transparency, and international alignment.
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Key takeaways:
- Legislation
- Purposes
- Requirements for Cross-Border Payment Service Providers
- Mandatory Documents for Cross-Border Payment Service Providers
- License Renewal Requirements
- Timeframe for the Bank of the Lao PDR
