If the scope of your firm’s regulated business will increase, we charge a non-refundable application fee of £250 if your firm’s fee-blocks do not change. This is payable before we start to process your application.
We do not charge a fee for applications that will reduce your firm's overall permitted business activities.
If your application means your firm moves into a single new fee-block, you will pay the relevant fee. If it will move into more than one new fee-block, you will pay the higher of any relevant fees.
When you apply on Connect you can only pay by credit or debit card. We make a surcharge on credit card transactions.
We prefer you to use Connect. In the rare circumstances that you are unable to apply on Connect and are sending us a paper form, we can accept payment by:
- Cheque − made payable to the 'Financial Conduct Authority', with your firm name and 6 digit firm reference number on the back.
- Credit or debit card – we add a 2% surcharge on credit card transactions. Your case officer will contact you to arrange payment.