How to Pay

HOW TO MAKE A PAYMENT

Wire Transfer

International Wiring Instructions

Beneficiary Bank: JP Morgan Chase BIC: CHASUS33 ABA: 021000021

Payee Bank: Central Bank of The Bahamas

Account No.: 400922525

Beneficiary: Government of The Bahamas Domestic Minimum Top Up Tax Bank Account (US$)1277008531

International Payments

Entities wiring funds internationally must include the beneficiary bank information, the payee bank, account number, and beneficiary information, which will be paid in US Dollars (USD).

Local Wiring Instructions

Payee Bank: Central Bank of The Bahamas

Account No.: 400922525

Beneficiary: Government of The Bahamas Domestic Minimum Top Up Tax Bank Account

(BSD$)1277008541

Local Payments

Entities paying locally need only to include the payee bank, account no, and beneficiary information; this will be paid in Bahamian Dollars (BSD).

Taxpayers must ensure that in the payment form submitted to the bank, the “Name of the Bahamas Entity” is included and at least one (1) of the following is mentioned to enable proper identification of the payment:

 ~ Existing TIN,

 ~ BIN (If already registered on OTB)

 ~ DMTT UIN (if already registered)

Taxpayers should retain their bank transaction ID or reference number after making the bank payment, as this will be required later on for validation in the system.

The DMTT payment notification module will be available from 15th June, where taxpayers will be required to declare their tax liability, mention the amount paid and provide the Bank transaction ID for reference.