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What Are The Financial Requirements?

For a new or a renewal licence you will need to satisfy the Department that you have adequate financial resources to launch and administer the business.

For both National and International licences you will be required to show evidence of £6,200 for the first vehicle and £3,400 for each additional vehicle (Euro equivalent is acceptable).

The supporting evidence can be either in cash or loan/overdraft facilities.

Up-to-date bank statements may be requested at any stage throughout the application.