The ACH Debit method allows you to transfer funds by instructing the state to electronically debit a bank account you control for the amount that you report to the state's data collector. Your account will be debited only upon your initiation and for the amount you specify.
Cost
The state pays the cost for you to report an ACH Debit payment. You will be responsible for the fee, if any, your financial institution may charge you for the actual transfer of funds.
Record Formats
You will establish/initialize a security code the first time you call the data collector to report a payment. FTB has no knowledge of the security code you establish with the data collector. FTB will send Instructions on how to establish or change your security code after you submit an Authorization Agreement for Electronic Funds Transfer (FTB 3815) registering for the ACH Debit method.
How to Report a Payment
To make an ACH Debit payment, simply call a toll-free number for the state’s data collector using either a touch-tone telephone or a personal computer. The data collector will ask you to provide the appropriate account and tax payment information. Upon completion of the transaction, the data collector will provide you with a reference number.
After you register for the ACH Debit method, FTB will provide detailed reporting information and sample scripts of communication between you and the data collector.
When to Report a Payment
For an EFT payment to be timely, the funds transferred must settle into the state’s bank account no later than the first banking day following your payment due date.
To ensure your payment settles into the state’s bank account on time, you must call the data collector on or before the due date of your payment. The funds will settle into the state’s bank account on the date you specify the funds to be debited from your bank account.
You may call the data collector at any time to report your payment. The service is available 24 hours a day, all year. If you call on your payment due date, you must complete your call by 3:00 p.m. Pacific Time. Otherwise, your payment will not be initiated until the next banking day and will be late.
Warehousing a Payment
This allows you to call the data collector and select a future date for your payment to transfer to the state's bank account. You may designate any banking day up to 60 days in advance, as the debit date of the payment. (The debit date is the date the payment will transfer out of your account and into the state's bank account.)
Verification of Payment
When you report your ACH Debit payment, you will receive a reference number from the data collector. This serves as verification of the date you reported your payment.
EFT Links:
EFT - Bank and Corp. |
ACH Credit |
EFT FAQ's