You are here: Home ::  FAQs All

FAQs -Online NI Payments

If what you seek is not here please contact us with your request.  We will get back to you.

 

1. What is the Online NI Payments?

Online NI Payments is the payment of your NI contributions utilizing the Internet Banking Platform of the respective commercial banks. The NIBTT in this regard will be included as a payee (similar to the utilities) on your bank’s list of payees and will be selected in making such payments.


2. Who should register?

All employers who hold an active bank account with their respective bank and who are desirous of utilizing the bank’s Internet Banking Platform (and so avoid having to visit the NIBTT’s Service Centres) in making their NI contribution payments.

3. How to Register?

Registration to pay NI contributions utilizing the respective bank’s Internet Banking Platform is easy. The employer will:

  1. Access the online link on the NIBTT’s website.
  2. Complete the Online NI Payment Registration Form electronically by filling in all relevant fields.
  3. Read the Agreement carefully.
  4. Download the Agreement, print, sign and scan OR Upload an electronic signature to the Agreement.
  5. Submit the completed and signed Online NI Payment Registration Form and Agreement to the NIBTT via the email address onlinepayments@nibtt.net.
  6. Receive an acknowledgement from the NIBTT of the submitted Online Registration Form and Agreement via the email address onlinepayments@nibtt.net.

    4. How does the employer make online NI payments?

    a. How do online payments work?
    1. The employer is required to have the relevant bank account with the commercial bank through which NI contribution payments will be made.
    2. NIBTT is selected from or added to the list of payees on the bank’s Internet Banking Platform.
    3. The employer will make the online payment of his NI contributions which will result in the debiting of his bank account by the amount of the payment made and the crediting of the NIBTT’s accounts.
    4. In making his online payments the employer will use his NI Employer Registration Number as the Payee Account Number.
    5. The employer will receive for each online transaction undertaken a bank transaction/reference number as proof of the payment having been made. He will be required to retain this transaction/reference number for future use in submitting the relevant information/data to the NIBTT.


    b. Can the employer pay NIS contributions at his bank counter?
    1. This new payment option is strictly online and does not allow for the payment of NI contributions at the bank counter.

     

    5. How does the employer submit Payment Information and Employee Contribution Data to the NIBTT?

    The employer will:

      a. Submit his contribution data either using:

    • The Magnetic Media format (CDs) – already in use by some employers
      OR
  1. By accessing the Data Submission Excel template on the NIBTT’s website, downloading and completing this template and saving it to his computer. This template can be completed by the employer at any time convenient to him and should be named according to payment month and year. It indicates NI contributions due on behalf of each employee as well as all other required information for the paid period.
    1. Click the link ‘Submit payments and data HERE’ on the NIBTT’s website to access the Web Form ‘Summary of Online National Insurance Contribution Payments.
    2. Complete the Web Form ‘Summary of Online National Insurance Contribution Payments’ electronically by including all relevant information in the fields provided including the bank transaction number (reference number).
    3. Browse his personal computer and upload the Magnetic Media file or the Excel Data Submission template file relevant to the period paid for as part of the process of completing the Web Form ‘Summary of Online National Insurance Contribution Payments’.
    4. Click the ‘Submit Payment Information/Contribution Data’ button on the Web Form to submit his payment information and employee/s’ contribution data to the NIBTT
    5. Simply update the Magnetic Media file or Excel Data Submission template file for each successive period for which contributions are paid.
    6. Keep a record of all payment information and contribution data relevant to each paid period.

    The NIBTT will:
    Send to the employer a PDF version of the submitted Web Form ‘Summary of Online National Insurance Contribution Payments’ via the email address onlinepayments@nibtt.netas confirmation of the receipt of his payment information and contribution data

    6. How does the employer get an NI receipt at the end of a transaction?
    Upon receipt and reconciliation of the employer’s payment information and employee contribution data, the NIBTT will issue a Transaction Slip to the employer as confirmation of the contribution payment made via his bank’s Internet Banking Platform. This Transaction Slip will be mailed to the employer via regular post.

    7. What records does the employer need to keep at the end of a payment transaction?
    1. The bank transaction/reference number issued by the bank for each successful transaction.
    2. The PDF version of the Summary of Online National Insurance Contribution Payments Form e-mailed to him by the NIBTT.
    3. The Excel Data Submission template file submitted to the NIBTT for each paid period.
    4. The Transaction Slip posted to him by the NIBTT.
    5. A copy of all other relevant information/documents submitted to or received from the NIBTT.

    8. How much does the service cost?

    The cost of accessing this service is per transaction and is based on the cost prescribed by the employer’s Bank. In this regard the cost associated with each transaction will not exceed $3.00. No additional fee is charged to upload the contribution data.


    1. What is the Online NI Payments?

    Online NI Payments is the payment of NI contributions utilizing the Internet Banking Platform of the respective commercial banks. The NIBTT in this regard will be included as a payee (similar to the utilities etc.) on the bank’s list of payees and will be selected in making such payments.

    2. Who should register?

    All employers who bank online.

    3. How to Register?

    Registration to pay NI contributions utilizing the respective bank’s Internet Banking Platform is easy.

    The employer will:

    • Access the online link on the NIBTT’s website,
    • Complete the Online NI Payment Registration Form electronically by filling in all relevant fields
    • Read the Agreement included carefully,
    • Attach your electronic signature,
    • Submit the completed and signed Online NI Payment Registration Form/Agreement to the NIBTT via the email address onlinepayments@nibtt.net,
    • Receive an acknowledgement from the NIBTT of the submitted Online Registration Form and Agreement.

    4. Which banks provide the online service?

    • Scotiabank - all customers.
    • First Citizens Bank Limited (FCB) - e-first customers only.

    5. Making payments

    a. How do online payments work?

    • Select NIBTT from the list of payees on the bank's Internet Banking Platform
    • Make your payment using your NI Employer's Registration Number as the payee account number
    • Record your transaction number as proof of the payment having been made.
    • Retain this transaction number for future use in submitting the relevant information/data to the NIBTT.

    b. Can the employer pay NIS contributions at his bank counter?

    This new payment option is strictly online and does not allow for the payment of NI contributions at the bank counter.

     

    6. Submitting Payment Information and Employee Contribution Data

    Please note that the option to submit your Payment Information and Employee Contribution Data via the NIBTT's website is not yet available.

    As an interim measure you will be contacted by an NIBTT representative who will advise you regarding the submission of your payment information and contribution data.

     

    7. How does the employer get a receipt at the end of a transaction?

    Upon receipt and reconciliation of his payment information and employee contribution data, the NIBTT will issue a Transaction Slip to the employer as confirmation of the contribution payment made via his bank’s Internet Banking Platform.

     

    8. What records does the employer need to keep at the end of a payment transaction?

    • The bank transaction number issued by the bank for each successful transaction
    • A copy of the Payment Information submitted to the NIBTT
    • A copy of the Employee Contribution Data submitted to the NIBTT
    • The Transaction Slip submitted to him by the NIBTT
    • A copy of all other relevant information/documents submitted to or received from the NIBTT

     

    9. How much does the service cost?

    The cost of accessing this service is based on the cost prescribed by your respective Bank for each Bank transaction which you undertake. In this regard the cost associated with each Bank transaction will not exceed $4.00. No additional fee is charged to upload the contribution data.