Regular members of FENCA must be national, non - commercial unions of collection agencies and / or unions of debt purchasing agencies, which take care of the professional interest of their members.
Admission to membership is decided by the Board of Directors at their sole discretion. The Board of Directors is not obliged to give the reason for the refusal and there is no right of appeal.
There may be only one full member per country. Other associations from the same country are at the Board of Director's discretion eligible for membership but have no right to vote. Whenever an additional association from the same country as an existing member applies for full membership they shall negotiate with the said existing member an agreement as to which association should be accepted as voting member. FENCA's Board of Directors shall help to promote such an agreement.
All regular members of FENCA are obliged to pay an annual membership established by an AGM at the due date. Rules of the calculation are shown below.
FeesThe membership fees accepted 29.09.2017 during the AGM in Sofia for next years are as follows:
Basic Fee: 2000 €
For every additional member:
|1 - 20 members||50 €|
|21 - 50 members||45 €|
|51 - 100 members||40 €|
|101 - 200 members||20 €|
|201 - 300 members||15 €|
|301 - 400 members||12,5 €|
|401 - 500 members||10 €|
|500+ members||5 €|
25 percent of this sum.
FENCA’s membership year runs from 1st January to 31 December.
Membership fee is calculated as follows: any member pays 2000 € basic fee. Additionally, a fee is computed according to the number of members affiliated to the FENCA member at stake. This fee varies according to the number of the member's affiliated: 50 EUR for the first 20 affiliated, 45 € for the next 30 affiliated, and so on.
For example: Additionally to the 2000 € Basic fee, an association with 149 members will pay 50 € for each of first 20 members, then for next 30 members the fee will be 45 € per member, then for the next 50 members 40 € per member and for the last 49 members 20 € per member, plus an additional 25 % of this sum.
In calculation: (2000€ + 20 x 50€ + 30 x 45€ + 50 x 40€ + 49 x 20€) x 1,25 = 9162,50 €