Industry Funding Levy Information for Payment Institutions 

Funding Category N - Payment Institutions

How to calculate your levy

The levy consists of four parts:

  • a minimum levy;
  • a variable levy based on a percentage charge on the Regulatory Capital Requirement;
  • a variable levy based on a percentage charge on income;
  • a flat rate levy based on the number of agents

For an example of how the current funding year's levy for financial service providers in the N category is calculated please see the  N calculation template.

 

Read more on the annual levying process.