FCA Fees & Levies
Spread the cost by paying by Direct Debit
For over 10 years, Premium Credit has provided firms with the opportunity to spread the payment of their regulated fees and levies invoiced by the FCA, Money Advice Service, Financial Ombudsman Service (FOS), Financial Services Compensation Scheme (FSCS) and Prudential Regulation Authority (PRA) over monthly instalments.
Firms can use our dedicated portal to apply to pay their fees by instalments online.
the benefits to your business include:
Flexibility - pay FCA fees by monthly instalments rather than in one lump sum
Competitive interest rate
Online application process
IMPORTANT In order to ensure your FCA fees and levies are funded by the Payment Due Date, Premium Credit must receive your signed and dated Credit Agreement within 21 days of the Invoice Date. This is to allow Premium Credit time to perform all required checks and collect the first instalment due by Direct Debit. Funding after the Payment Due Date may result in a Late Payment Surcharge issued to you.
For more information, please click here
Click here to pay your FCA fees by instalments
If you are a member of an FCA recognised trade association you qualify for a discount rate! This exclusive offer helps you smooth your cash flow, at a lower rate than is otherwise available. Normal rates to market are 3.25% (APR 6.1%), but recognised trade association members get a 0.5% reduction to 2.75% (APR 5.2%) - which would save you £50 on a £10,000 invoice.