IFSCA Revises Fee Structure for ‘International Trade Finance Service’ Operators in IFSCs
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- By Chetan Kulasri
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- Last Updated on 11 March, 2025
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Circular no. IFSCA-FCR0FCR/3/2023-Banking/2024-25/002; Dated: 07.03.2025
The IFSCA has announced a revised fee structure for International Trade Finance Service (ITFS) operators and applicants looking to establish ITFS platforms in IFSCs. The updated fee structure includes application, registration, recurring, activity-based and processing fees, which vary based on the annual turnover of transactions on the ITFS platform. The registration fee is set at $ 10,000 while recurring fees range from $ 3,000 to $ 15,000 depending on turnover.
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