Full payment of FINRA Preliminary Statement Due

FINRA must receive full payment of the Preliminary Statement fees by December 18, 2017.

If payment is not received by December 18, 2017, FINRA-registered firms will be assessed a Renewal Late Fee. FINRA includes this late fee as part of the Final Statement and calculates the fee as follows: 10 percent of a firm’s cumulative final renewal assessment or $100, whichever is greater, with a cap of $5,000. Please see Notice to Members (NTM) 02-48 for details. In addition, if FINRA fails to receive payment by the deadline, firms risk becoming ineligible to do business in the jurisdictions where their registrations are not renewed.

Renewal Payment

Firms may pay electronically through E-Bill, send a wire transfer or mail a check; however, it is highly recommended that funds be remitted via E-Bill. Firms are encouraged to check their Renewal Statements to confirm FINRA has received payment and that the firm’s Preliminary Statement is paid in full.

Electronic Payment via E-Bill

Firms may submit electronic payments to fund their Renewal Accounts through E-Bill. FINRA does not charge for using E-Bill; however, firms should verify if their banks charge additional fees. Firms must entitle users to use E-Bill.

Fund Transfers (Flex-Funding to Renewal Account)

Wire transfer and check payments are initially deposited into a firm’s Flex-Funding Account in E-Bill. E-Bill users with the proper entitlement may transfer funds from their Flex-Funding Account directly to their Renewal Account (or to an affiliated firm) at any time to ensure their firm’s renewal payment is processed prior to the December 18 payment deadline.

Beginning December 18, FINRA will systematically transfer funds from Flex-Funding Accounts to Renewal Accounts if the entire outstanding renewal amount is available in the firm’s Flex-Funding Account. This automatic transfer process will occur daily for firms that still owe fees on their Preliminary Statements until the system shuts down for renewal processing on December 26.

ACH/Wire Transfer

To initiate a wire or ACH transfer, instruct your firm’s bank to contact Bank of America and provide your bank with the following information:

Wire ABA Number: 026009593

ACH ABA Number: 054001204

Beneficiary: FINRA

FINRA Account: 226005684771

Reference Number: Firm CRD number

Inform your bank to credit funds to the FINRA bank account and to only use your firm’s CRD number as a reference. Record the confirmation number of the wire transfer provided by your bank. If you send your wire transfer by 2 p.m., ET, you may confirm receipt the next business day by reviewing your Flex-Funding Account.

Checks

Checks should be made payable to FINRA and your firm’s CRD number should be written on the check memo line. Processing of check payments may take up to two business days. Please account for mail delivery and payment processing time when sending payment. Send payment in the blue, pre-addressed renewal payment envelope mailed to your firm in early November or write the address on an envelope as noted in the Notice.

U.S. Mail Express/Overnight Delivery

FINRA

P.O. Box 418911

Boston, MA 02241-8911

Note: This P.O. Box will not accept courier or overnight deliveries.

Bank of America Lockbox Services FINRA

418911

MA5-527-02-07

2 Morrissey Blvd.

Dorchester, MA 02125

Provide the following phone number, if required: (800) 376-2703.