The India International Clearing Corporation (India ICC), on March 31, 2026, issued a circular directing clearing members to pay the annual clearing membership fees for the financial year 2026–27. The circular is issued in reference to its earlier communication dated March 6, 2026.
As per the circular, all clearing members are required to remit a fee of USD 5,000 on or before April 30, 2026. The payment must be made from the member’s account maintained with their respective clearing bank to the designated India ICC bank accounts. Members are also required to send an email intimation to the specified official email ID upon successful transfer of the fees.
The circular further provides bank account details for remittance, including accounts with ICICI Bank and State Bank of India, to facilitate timely compliance by members.
[Circular No. 20260331-1]