Registration fee requirement for foreign institutional investors requires periodic renewal payments and sub-account fees under SEBI regulations Applicants for SEBI foreign institutional investor registration must pay a registration fee of US$10,000. Registered foreign institutional investors must pay US$10,000 for each three year block of registration, payable at least one month before expiry of the block. Sub account registration requires a US$2,000 fee, and registered sub accounts owe US$2,000 per corresponding three year block; the principal foreign institutional investor must collect and remit sub account fees. Fees are payable to the Securities and Exchange Board of India by draft or other mode as specified by the Board.