Join the Worshipful Company of International Bankers
Are you thinking of joining the Worshipful Company of International Bankers? Here's everything you need to know about becoming a member.
Benefits of Membership
Joining the WCIB offers a wealth of opportunities for personal and professional growth:
- Access our network: connect with other members in the banking and financial services industry.
- Meet like-minded professionals: socialise and build relationships with peers who share your interests and ambitions.
- Attend exclusive events: enjoy dinners, livery events, and industry talks that provide valuable insights and networking opportunities.
- Experience City traditions: gain admission to the City of London's rich heritage, traditions and historic buildings.
- Give back to the community: participate in mentoring programmes and charitable initiatives, making a positive impact on society.
Membership Criteria
To join the WCIB, you must meet one of the following criteria:
- You currently work in banking or financial services
- You have clients in the banking or financial services sector
- You are pursuing a finance-related degree
- You are a former banking/financial services professional with at least 10 years of experience in the sector
Additionally, a relevant professional qualification is preferred.
Joining Process
Becoming a member of the WCIB involves the following steps:
- Request an online application form
- Submit your application
- Participate in a one-to-one Zoom interview
- Pay your membership fee and one-off joining fee
- Attend the official Freedom Ceremony to formally join the Company
Membership Categories and Costs
We offer different membership categories to suit various career stages and circumstances:
- Full: For those in full employment and resident in the UK or Crown Dependencies. £360 per annum.
- Overseas/Retired: For those resident overseas or fully retired. £180 per annum.
- Associates aged 26-35: Members between the ages of 26-35 and in full time employment. £180 per annum. At the age of 35 Associates advance to full membership.
- Associates aged 25 or under: those in full time employment aged 25 or under. £90 per annum.
- Students: those in full-time education over the age of 18. £45 per annum. You can be any age to qualify for this.
The membership year runs from 1 October to 30 September for all members, irrespective of the joining date. The initial annual subscription is reduced pro-rata during the financial year. The one-off joining fee remains the same: £200 (or £100 for Associates). Students are not required to pay a joining fee.
In addition to the annual membership subscription, the Court of the WCIB encourages members to make an annual donation to the International Bankers Charitable Trust which is at least equal to their subscription. These voluntary donations are important in order to support the important charitable and educational activities of the WCIB.
For UK taxpayers, HMRC has designated the Worshipful Company of International Bankers as a 'Professional body approved for tax relief (list 3)'. This means if you pay your own subscriptions (rather than your company paying), you may be able to claim tax relief on your subscriptions if you work in the financial services profession.
What our partners say
Sarah Devonport
CEO, The Brokerage
Gavin Oldham OBE
Chair of Trustees, The Share Foundation
Jaine Stannard
Chief Executive, School-Home Support
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The Charities Committee always welcomes more help. There are so many ways that you can get involved.
We understand that your time is precious but there are so many different ways you can get involved that we’re sure that you’ll find something that floats your boat.
- Peter Green, Charities Committee Chair
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