Payment methods

Making payment 

There are six ways to pay. 

1. Online 

This is the fastest and most effective way to pay your membership and/or firm fees. Simply log on to your member and/or firm dashboard using the respective passwords and make your payment in full via debit, credit or American Express card. 

2. Auto renew  

This method of payment automatically takes a payment from your credit or debit card in the first week of January every year. 

To set up you need to login to both your membership and firm dashboards (where applicable) to make your payment online as normal and then select auto renew. The following year your membership and/or firm fee will be taken automatically from your credit or debit card. 

To change your credit or debit card details log in to your member dashboard or firm dashboard using your member number or firm number and password. 

3. Direct debit  

If you have a direct debit set up, payment is taken in the first week of January every year. 

To set up a new direct debit or change your existing direct debit simply download the direct debit mandate, complete and return to us by the 10 December. 

4. Instalments  

Instalments are taken in three payments. To set up instalments you need to login to both your member and firm dashboards (where applicable) select this option and make your first payment. The secondinstalment will be taken on the 5 January 2022 with the final instalment on 1 February 2022.

The deadline to set up instalments is 10 December

5. BACS 

You can make payment directly via BACS using our bank details below. 

Please make sure you include your membership/firm number and full name as the reference. Failure to include this may result in the IFA not being able to allocate the payment and chasing you further. 

The Institute of Financial Accountants 
Sort code: 23-05-80  
Bank account: Metrobank
Account number: 27604875 
IBAN: GB70MYMB23058027604875 
BIC/SWIFT: MYMBGB2L 

6. Cheque 

All cheques should be made payable to The Institute of Financial Accountants and posted to: 

The Institute of Financial Accountants 
CS111 Clerkenwell Workshops 
27-21 Clerkenwell Close 
Farringdon 
EC1R 0AT 

Please write your membership number and/or firm number on the reverse of the cheque so we can allocate the payment accordingly. 

Disclaimer 

By making your payment you agree to abide by and adhere to the member regulations and obligations.