fTLD had initially reserved all single-character names (i.e., A-Z and 0-9) and was required by ICANN to reserve all two-letter names (e.g., AB, CD, EF). On August 4, 2015, fTLD received authorization from ICANN to release from reservation certain two-letter names and the list is available at https://www.icann.org/sites/default/files/tlds/bank/bank-auth-ltr-ltr-04aug15-en.pdf. On March 14, 2016, fTLD received a second authorization from ICANN to release from reservation certain two-letter names and the list is available at https://www.icann.org/sites/default/files/tlds/bank/bank-auth-ltr-ltr-14mar16-en.pdf. fTLD may allocate all single-character names and certain two-letter names via one or more of the mechanisms outlined in the Name Allocation Policy, starting with a Request for Proposal (RFP). If there are multiple, qualified candidates, in fTLD’s discretion, for any names the contention will be resolved with an auction.
fTLD’s decision to consider allocating previously reserved names is to maximize the development of any awarded domain names and to strengthen the .BANK brand. Prospective respondents should carefully review Exhibit A, Implementation Deliverables & Associated Timeline, to the RFP Agreement to understand the use requirements for any awarded domain names.
Applicants for these names are required to remit a non-refundable administrative processing fee of USD $500 for each domain name sought prior to the consideration of any proposal. Details for payment of the fee are available here. Additionally, these names are subject to fTLD premium registration and renewal fees and you should consult with your registrar on their fees for such names.
The RFP is available here and the RFP Agreement (which the selected winners will be required to sign) is available here. Proposals must be submitted to email@example.com by 21:00:00 UTC on May 31, 2016. fTLD anticipates selecting winners by June 3, 2016, unless an auction is required. Questions about the RFP should be submitted to firstname.lastname@example.org.