The Bank of Portugal issued a public warning that Osmar Carlos Gerardo (taxpayer identification number 315956615) is not authorised to carry out in Portugal any financial activity reserved for institutions it supervises, including the provision of payment services such as money remittance. The central bank reiterates that payment services in Portugal may only be provided by authorised entities under the Legal Framework for Payment Services and Electronic Money (Decree-Law No 91/2018), and refers users to its website list of authorised payment service providers.
Bank of Portugal 2025-12-29
Bank of Portugal warns Osmar Carlos Gerardo is not authorised to provide payment services in Portugal
The Bank of Portugal has issued a public warning that Osmar Carlos Gerardo is not authorised to conduct any financial activities, including payment services, in Portugal. The central bank emphasizes that only entities authorised under the Legal Framework for Payment Services and Electronic Money can provide such services and directs users to its website for a list of authorised providers.