Renewals 2024 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.  

Failure of the payment being made will result in the full amount becoming due and late fees being applied. 

3. Direct debit

Direct debits are available to be set up against your annual renewal fees and the payment is taken in full in the first week of January every year.  Any direct debits received after 30 November 2023 will become effective for renewal payments from January 2024.

To set up a new  direct debit  simply download the  direct debit mandate, complete and return to us. 

4. Instalments   

The deadline for setting up instalments was 15 December 2023. 

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 second instalment will be taken on 4  January 2024 with the final instalment on 1 February 2024. 

How to set up via the online dashboard:
  1. Go to the website.
  2. Enter either your member ID and password or firm ID and password.
  3. Click the annual payment tab.
  4. Click the Instalment Plan option. When you click this it will split your annual payment into three, with the first payment due today.
  5. Click and agree to the terms and conditions at the bottom.
  6. Click Pay Now.
  7. Enter your card details and Make Payment.

Please remember, the instalment is only set against the dashboard you are currently logged in to. This means, if you want to set against your membership and firm you will need to log into both and follow the instructions above.

Failure of the instalments being made will result in the full amount becoming due and late fees being applied. 

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.  

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


One Southampton Row 

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   
27-31 Clerkenwell Close   
EC1R 0AT  

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

The IFA/IPA Group Benevolent Fund

IFA members now have the option to apply for a grant from the IFA/IPA Group Benevolent Fund which is a charity set up to provide financial support for IPA Group members and their dependents.To find out more about the IFA/IPA Group Benevolent fund and how to make an application visit the website.


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