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Rate Form 498 (Banking Data) Filing Guide Created by Julie Britt Shell PAE rate Coordinator May 2016 www.eratepa.org 1 Purpose of the Form 498 Beginning July 1, 2016, all Rate BEAR reimbursements

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What is e-rate form 498 banking?

E-rate form 498 banking is a form used by entities participating in the Schools and Libraries Universal Service Support Mechanism (E-rate program) to provide banking information for receiving payments.

Who is required to file e-rate form 498 banking?

Applicants and service providers participating in the E-rate program are required to file form 498 banking.

How to fill out e-rate form 498 banking?

E-rate form 498 banking can be filled out online through the E-rate Productivity Center (EPC) portal by providing the requested banking information.

What is the purpose of e-rate form 498 banking?

The purpose of e-rate form 498 banking is to ensure that payments related to the E-rate program are processed accurately and efficiently to the designated bank account.

What information must be reported on e-rate form 498 banking?

Information such as bank account details, routing number, and entity identification number must be reported on e-rate form 498 banking.

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