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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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How to fill out e-rate form 498 banking

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How to Fill Out E-rate Form 498 Banking:

01
Start by gathering all the necessary information and documents required for the form. This may include your organization's identification number, banking information, and any supporting documents such as invoices or receipts.
02
Access the E-rate program's official website or portal where you can find the form. Ensure that you are using the most up-to-date version of the form.
03
Carefully read the instructions provided along with the form to understand the requirements and guidelines for filling it out correctly.
04
Begin by entering your organization's information in the designated fields, such as the name, address, and contact details. Make sure to double-check the accuracy of this information.
05
Provide the relevant banking information required, such as the bank's name, account number, and routing number. It is crucial to ensure the accuracy of this information to avoid any payment issues.
06
If applicable, include any additional information or attachments as requested in the form. This may include supporting documentation for the requested funds or services.
07
Review all the entered information to ensure its accuracy and completeness. Make any necessary revisions or amendments before moving forward.
08
Sign and date the form, either electronically or by hand, depending on the submission method. Ensure that the signature is authorized and matches the appropriate signatory for your organization.
09
Save a copy of the completed form for your records and submit it through the designated submission method, whether it be online or through mail.
10
After submission, keep track of the form's progress and address any follow-up queries or requests for additional information promptly to ensure a smooth processing of your application.

Who Needs E-rate Form 498 Banking?

01
Schools and school districts that participate in the E-rate program.
02
Libraries and library consortia that benefit from E-rate funding for telecommunications and internet services.
03
Eligible educational and nonprofit organizations that rely on E-rate funding to support their communication and connectivity needs.
It is important to note that the necessity of E-rate Form 498 Banking may vary based on specific eligibility requirements and program guidelines. Therefore, it is recommended to consult official E-rate program resources or contact the program administrators for further clarification.
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E-rate form 498 banking is a form used by service providers to designate their banking information for receiving E-rate program reimbursements.
Service providers participating in the E-rate program are required to file form 498 banking.
Service providers can fill out e-rate form 498 banking electronically on the USAC website.
The purpose of e-rate form 498 banking is to ensure service providers receive their E-rate program reimbursements in a timely manner.
Service providers must report their banking information, such as account number and routing number, on e-rate form 498 banking.
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