Payment of your claim
Compensation amounts
As an eligible business, you'll receive compensation for each eligible firearm, device, part or component turned in or deactivated as part of the Assault-Style Firearm Compensation Program. See compensation amounts for businesses.
You'll also receive an administrative payment of $250 for each firearm turned in to offset processing and packaging costs, as well as inventory and holding costs incurred since the 2020 prohibition. This payment will be added automatically to your total claim amount.
If you choose to have your firearms deactivated, you'll be reimbursed a flat rate fee of $400 to $700 per firearm.
See details in the ASFCP compensation model.
When you'll receive payment
Once you've submitted your claim and your firearms, devices and/or parts and components have been received and validated, payment will be issued within 45 business days, provided that all required validations are successfully completed, and no additional review is required.
To help process your payment as quickly as possible, please fill out your claim accurately.
Direct deposit information
To receive payment for your claim, make sure your direct deposit information is up to date in your program account including:
- Branch transit number
- Financial institution Number
- Account Number
Request a compensation review
In the exceptional case of a firearm with a rare background or unique original features, you may request a compensation review if you believe the set compensation amount offered by the program doesn't reflect what a business would have paid for the firearm.
Only certain categories of firearms are eligible, and you will not be reimbursed for any expenses related to the review. See details on requesting a compensation review.
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