Things to do before you submit
There are conditions you must meet before you can submit an application that may take time for you to do.
- Complete suitable qualification and training (all relevant members of the business)
- Hold professional indemnity insurance
You will also be asked if you hold and handle client money. If you do, you need a client bank account and client money protection insurance. You will be able to submit an application if you don’t have these in place yet, but your application will not be approved until you do.