Individual Membership

All individuals are eligible to be registered in any of the following categories:
 
•    Ordinary Member;
•    Student Member;
•    Associate Member;
•    Honorary Member;
•    Honorary Fellow; and
•    Fellow
Provided they meet the criteria set by the Council for registration in the category from time to time.

A person registered under this Act shall be enrolled to a higher membership status in any of the following categories:
a.    As an Ordinary Member if he:
i.    Satisfies the Council that he is eligible to be so registered;
ii.    Works in a bank or other financial institutions; and
iii.    Does not fall within any of the other categories specified in paragraphs (b)-(g) of this subsection.
b.    As a Student Member if he:
i.    Satisfies the Council that he is eligible to be so registered;
ii.    Has been an ordinary member and;
iii.    Has passed associate-ship examinations but has not met other conditions specified in paragraph (d) of this subsection;
c.    As an Associate Member if he:
i.    Satisfies the Council that he is eligible to be so registered and has passed the associate-ship examination and;
ii.    Has acquired on the job practical banking or related experience for such number of years that may be specified by the Council;
d.    As an Honorary Senior Member if he:
i.    satisfies the Council that he is eligible to be so registered,
ii.    Has obtained such academic, professional or other qualifications(s) as may be prescribed by the Council from time to time,
iii.    Has held any senior management positions in a bank or other financial institutions, and
iv.    is neither a fellow or an associate
e.    As an honorary fellow if he satisfies the Council that he is eligible to be awarded the honorary fellowship of the Institute;
f.    As a fellow if he:
i.    Satisfies the Council that he is eligible to be so registered and has for a number of years (to be specified by the council) been an associate member of a holder of approved academic qualifications, and
ii.    Satisfies all other criteria as may be specified by the Council from time to time

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