Automated Clearing House Payment System (ACH)
ON APRIL 2, 2018, THIS PAYMENT OPTION WILL BE COMPLETELY DISABLED AND THIS PAGE WILL DISAPPEAR. All payments will need to be made through OPTins
Admitted Insurance Companies:
All taxes and fees for admitted companies must be made through OPTins beginning with the 2017 annual premium tax report payments due March 1, 2018. Usernames and passwords have been disabled.
Surplus Lines Brokers:
All taxes and fees must be made through OPTins beginning with the 1st Quarter 2018 Report due June 1, 2018.
An ACH debit transaction must be initiated no later than 4:00pm Eastern Standard Time on the last business day prior to the due date of the payment in order for the payment to be received in the State of Alaska's bank account by the due date. A transaction can be initiated up to 30 days in advance of the effective date. The payment will be rejected by the receiving bank if the submission contains inaccurate information and the payer will be subject to a penalty if the subsequent payment is received after the due date.
Debit Block Information:
If you have a block on the bank account you plan to use for ACH debit, you will need to give your bank the following identifier: 0000907100 from the Wells Fargo Bank, in order for your bank to allow the transaction through their filters. Please be aware that different financial institutions may use different fields or combination of fields to authenticate a payment to bypass their debit blocking systems. In those cases, the company ID provided above may not be sufficient for their purposes.
If payment is not received in the State of Alaska’s bank account by the due date, a penalty will be assessed of $50 per month plus 5% of the tax due per month up to a maximum of $250, plus 25% of the tax due, plus interest of 1% of the tax due per calendar month or part of a month. If payment is not received by ACH, a penalty of 25 percent of the tax due will be assessed, with a minimum of $100 and maximum of $2,000.
For surplus lines brokers: if the filing fee payment is not received in the State of Alaska’s bank account by the due date, a penalty will be assessed of $250 plus 2% of the filing fee due per calendar month or part of a month.
To Get Started for surplus lines brokers:
To make an ACH debit payment or to cancel a scheduled payment, login here to get started:
Any questions regarding ACH Debit, ACH Credit, or OPTins can be addressed to Rebecca Nesheim at (907) 465-2584 or Rebecca.Nesheim@alaska.gov