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Membership Eligibility. Membership of the Company is open to all professionals working in the financial services community (or those studying for financial services qualifications) and is not confined to the banking environment. The Company warmly welcomes those from the many professions with close links to international finance such as fund management, audit and accountancy and public relations.
Application Procedure. The Court has delegated responsibility for the management of the membership application process to the Membership Committee. Initial approval and rejection decisions are taken and acted upon by the Committee.
Membership is by sponsorship by a current member of the Company. All prospective members may download information from the website or may request a Membership Application from the Clerk. When the Application Form has been completed by the applicant, endorsed by the sponsor and returned to the Clerk, the latter will notify the Chairman and Members of the Membership Committee of the applicant’s details and the name of the sponsor (if applicable). The Chairman and Committee Members will notify the Clerk of his/her suitability for membership of the Company. Should the Chairman and Committee Members not reach agreement, the application will be referred to the Master’s Committee who in turn may refer to the Court.
Quarterages. The Court shall from time to time decide on the quarterages (subscriptions) to be paid.
The subscriptions year runs from 1st October – 30th September. The annual fees for 2016/17 are:
Liverymen, Freemen and Members with 10 years or more experience in financial services, in full time employment and resident in the UK and Crown dependencies - £305.
Liverymen, Freemen and Members with 10 years or more experience in financial services, in full time employment and resident overseas - £152.50.
Liverymen, Freemen and Members who are fully retired and aged 65 years or more - £152.50.
Freemen and Members with less than 10 years’ experience in financial services (usually between the age ranges of 25 – 35) in full-time employment - £152.50. At the age of 35, or after 10 years (whichever is the sooner) Associates will be advanced to Full membership.
Freemen and Members in full time employment but under the age of 25 - £61
Freemen and Members in full time education/ training in the financial services - £30.50.
To download an application form in Adobe PDF format WCIB Membership application form revised 4 April 2018 (GDPR)
To download a Student application form in Adobe PDF format CLICK HERE
To get Adobe Acrobat Reader CLICK HERE