Monetary & Financial Statistics
Charging Policy
Introduction
If an external request for data cannot be answered by referring to existing published sources such as: Bankstats, Statistical Releases (free), annual Statistical Abstract, Financial Statistics (ONS publication) or the Internet pages; then the charging policy set out below will normally apply. In costing any work, the time spent dealing with the initial enquiries will be excluded.
Policy
Any organisation or individual requesting ad-hoc tabulations or published data which are not readily available, will normally be charged except for the following:-
- Government: HMT, ONS and other UK government departments
- International Organisations - BIS, Eurostat, EMI, IMF, OECD, etc
- Other Central Banks or Governments
Suppliers of data to Monetary and Financial Statistics Division of the Bank (mainly banks) are to be charged, using the normal rates set out below. However, in recognition of their support we will not charge for up to 3 hours of work involved in meeting ad-hoc requests, for any part of the data of which the customers' own data are a component. Work over 3 hours should be charged in full as set out below.
Students and academics will be given a 50% discount, provided the data are not required for commercial purposes, and subject to a minimum charge of £25. Requests for concessionary rates should be accompanied by some proof of status, such as a letter from the institution.
Rates
Charges for ad-hoc work will be negotiated based on £50 + VAT per half hour of time taken to answer the request (with a £50 minimum charge). Alternatively the following standard rates may be used for easily derived series (if less than the above, but with a £25 + VAT minimum if a charge is made).
Up to 6 series Free
7 to 16 series £25 + VAT
17 to 29 series £50 + VAT
£50 + VAT for each subsequent multiple of 30 (e.g. 89 series = £150 + VAT, 91 series = £200 + VAT). [Note: VAT is not payable on request from outside the European Union]. VAT is also not payable on requests from the EU (including Ireland), provided a VAT registration number is quoted or evidence of the nature of the customer's business activities is provided e.g. letterheads. Any EU customer unable to provide any form of evidence of their business activities will be treated as a private individual and charged UK VAT. All request should be sent in writing together with the full address details and the appropriate remittance payable to the 'Bank of England' to: Divisional Administration Group, MFSD, HO-4, Bank of England, Threadneedle Street, London, EC2R 8AH.
Produced by Divisional Administration Group
