96-1141 TEXNET Electronic Funds . -

TEXNET ELECTRONICFUNDS TRANSFERUNCLAIMED PROPERTYJANUARY 2022Glenn HegarTexas Comptroller ofPublic AccountsPAYMENT INSTRUCTIONSGENERAL INFORMATIONTexas state law requires taxpayers andother entities that paid 500,000 ormore in any one type of tax or fee inthe previous state fiscal year to useelectronic funds transfer (EFT). TheTEXNET Electronic Payment Networkwas designed to facilitate electronicpayments from taxpayers and holders.SECURITYThe Comptroller’s office operates andmaintains the TEXNET system, which provideshigh standards of safety and security for fundsand payment information. All data entered intoTEXNET is kept strictly confidential.HOLIDAYS OR WEEKENDSPayments must be received by theComptroller’s office on or before the due dateof the tax or fee. If a payment is not receivedby the due date, it is considered late.When a due date falls on a weekendor holiday, it is important to originateautomated clearing house (ACH) transactionsin accordance with the instructions in thisbrochure regarding ACH payments.If a payment is received after the due date,and the entity and its financial institution donot think they are responsible for the delay, thetrace number provided by the TEXNET systemmust be furnished.If the Comptroller’s office determines thatthe entity did attempt to transfer the paymentin a timely manner, payment records maybe corrected upon receipt of appropriatedocumentation. Please call the TEXNET hotlineat 800-531-5441, ext. 3-3010 for assistance.PAYMENT OPTIONSPayments may be sent electronically in one oftwo ways: ACH Debit ACH Credit with AddendaFOR MORE INFORMATION,SEARCH OUR WEBSITE ATtexnet.cpa.texas.govThis publication is intended as a general guide and not as a comprehensive resource on the subjects covered.It is not a substitute for legal advice.1

TEXNET – electronic Funds TransferTEXNET ACCOUNTThe TEXNET website can be used to make payments, inquire about a pending payment,delete a pending payment, add/remove bank information and update contact information.The website is accessible through an internet browser.CREATING A TEXNET ACCOUNT1. Access the TEXNET Electronic Payment Network website at texnet.cpa.texas.gov.2. Click the button next to “First Time User” and follow the prompts for setting up your User Profile.3. Enter your email address, first name, last name and phone number; then click “Save” to create your profile.4. You will see a “User ID Confirmation” page, and a temporary password will be emailed to you.5. Return to the TEXNET website and log in with your User ID and temporary password.6. The system will prompt you to set up your new password and choose security questions.7. After completion, you will be led to your User Dashboard.NOTE: After successfully logging into TEXNET, the landing page is the User Dashboard. It will list allyour accounts, and you will be able to add multiple entities and tax and/or fee payment types to it.ADDING AN ACCOUNT TO YOUR USER DASHBOARD1. Log in to the TEXNET Electronic Payment Network website at texnet.cpa.texas.gov.2. Click on the “Add an Account” button on your User Dashboard.3. Click the drop-down arrow and select “Unclaimed Property” as the agency.4. Enter your 9-digit federal ID number and ZIP Code.5.6. Select your payment method – ACH Debit or Credit – and continue with the prompts.7. Once completed, you will receive a confirmation page with the entity name and payment instructions.8. Your account will now appear on your User Dashboard. Select any account on the dashboard to make an ACHDebit payment.FOR MORE INFORMATION,SEARCH OUR WEBSITE ATtexnet.cpa.texas.gov2

TEXNET – electronic Funds TransferACH DEBITWHEN TO CONTACT THE TEXNET SYSTEMThe ACH Debit method is easy to use andvirtually error free.For payments of 100,000 or less, a payorhas until 10:00 a.m. (CT) on the due date toinitiate a transaction in the TEXNET system.Payments exceeding 100,000 must beinitiated in TEXNET by 8:00 p.m. (CT) on thebusiness day before the due date.TEXNET offers payors the option of entering asettlement date up to 30 days in advance. This“schedule-a-payment” feature allows payors toenter payment information at their convenience,without having the funds actually transferreduntil the designated date. If payors choose anadvance settlement date, they may delete enteredinformation up until 8 p.m. (CT) on the businessday before the scheduled settlement date.Payment information can be transmitted toTEXNET by accessing texnet.cpa.texas.gov orby calling 800-636-4003. After data havebeen entered, a trace number will be issuedto track payment.DEBIT BLOCKS/COMPANY I.D.Some financial institutions allow ACH Debitsto be blocked. If you have a debit block onyour account, please provide our companyidentification numbers to your financialinstitution. TEXNET: 1846000199.PAYMENT INQUIRIES AND CORRECTIONSINQUIRETo inquire about a pending transaction, log into the TEXNET website, select your account onyour User Dashboard, then select “View PendingTransactions” on the Main Menu. The systemwill provide information about all pendingtransactions, including the trace number.CORRECTIONSIf you find an error with a pending transaction,you may delete the transaction up until 8 p.m.(CT) on the business day before the scheduledsettlement date. Log in to the TEXNET website,select your account on your User Dashboard,then select “Delete a Transaction” on theMain Menu. After deleting, you may enter anew transaction.HOW TO ADD AND REMOVE BANKINFORMATIONTEXNET is capable of storing multiple bankaccounts. If you would like to add or removebank information, log in to the TEXNET website,select your account on your User Dashboard,then select “Add/Remove Bank Account” onthe Main Menu. You may select the bankaccount you want your transaction draftedfrom when you enter a new transaction.FOR MORE INFORMATION,SEARCH OUR WEBSITE ATtexnet.cpa.texas.gov3

TEXNET – electronic Funds TransferACH CREDITACH CREDIT WITH ADDENDAPayors may originate ACH Credits in eitherYou may choose to sendyour payments throughyour financial institutionusing an ACH Creditorigination service. Youshould first contact yourfinancial institution toverify that they offer thisservice and that you areeligible to use it.FOR MORE INFORMATION,SEARCH OUR WEBSITE ATtexnet.cpa.texas.gov4CCD or CTX formats through their financialinstitutions for settlement with the state onor before the payment due date. The payormust use the standard TXP format in theaddenda record.This payment option may be convenientfor payors who regularly originate ACHtransactions. If the addenda record isimproperly formatted or contains inaccurateinformation, however, the Comptroller maynot be able to identify the agency to whichthe payment is due, or the agency may notbe able to identify the payor making thepayment; either situation could result inpenalty assessments.HOW IT WORKSOne or two business days prior to the duedate (check with your financial institutionto obtain ACH Credit origination deadlines),initiate payment through your financialinstitution to the TEXNET receiving account.The payment must be formatted in CCD orCTX formats and must include an addendarecord in TXP format. An example of theaddenda format is on the next page.On the due date, the funds will betransferred electronically. TEXNET will use theaddenda information to credit the payment toyour account.BEFORE YOU MAKE YOUR FIRSTACH CREDIT PAYMENTContact your financial institution to setup your ACH Credit origination service anddetermine the fees they will charge youto make these payments. Make sure youunderstand their ACH processing deadlinesfor delivery of your payments on or before thedue dates. Provide your financial institutionwith the addenda format information for thetype of payment you wish to make. Data mustbe formatted as shown in the example on thenext page.Initiate a test transaction to verify thatthe receiving account information andaddenda format are correct. You may sendany amount, even just one cent ( 0.01), withthe appropriate addenda record. Any fundsreceived will be credited to your accountas an early payment. To confirm that yourpayment was received and formattedcorrectly, call 800-531-5441, ext. 3-3010with the transaction date and amount.

TEXNET – electronic Funds TransferSPECIFIC INSTRUCTIONS – ACH CREDITWHERE TO SEND YOUR PAYMENTBank name:Routing #:Account name:Account #:JPMorgan Chase111000614Comptroller of Public Accounts00100000414NOTE: PLEASE DO NOT SEND WIRE TRANSFERS TO THIS ACCOUNT.ADDENDA RECORD FORMAT INSTRUCTIONSBegin record(always use TXP)Tax Type code(always use 90200)Report type(always use 3)6-digitReport ID numberTXP * 123456789 * 90200* 220630 * 3 * 2620000 * 123456\9-digit federalID numberPeriod end dateYYMMDDPayment amount(example: 26,200.00)(no commas or decimals)End record(always usebackslash)FOR MORE INFORMATION,SEARCH OUR WEBSITE ATtexnet.cpa.texas.gov5

MISSED YOUR TEXNET PAYMENT DEADLINE?If your payment is 100,000 or less you may submit a same day ACH Debit payment before 10:00 a.m. (CT) on the due date.If your payment is more than 100,000, you must use the following procedure to ensure a timely payment.IMPORTANT: This procedure is to be used ONLY in case of a missed TEXNET payment deadline. You must be enrolled in theTEXNET Electronic Payment Network to be eligible to send a wire transfer.1. Report payment information as early as possible on the due date by calling the TEXNET Hotline at 800-531-5441, ext. 3-3010.This call is very important—without it, we will not have the necessary information to apply the payment to your account.2. Instruct your financial institution to wire transfer your payment to:Bank name:Routing #:Account Name:Account #:Texas Comptroller of Public Accounts114900164Texas Comptroller of Public Accounts883083001The Comptroller of Public Accounts is the receiving bank and is located in Austin, Texas. Please include: UP, federal ID number,company name, contact person and phone number.Glenn HegarTexas Comptroller of Public AccountsThis publication is intended as a general guide and not as a comprehensive resource on the subjects covered. It is not a substitute for legal advice.For EFT information, call the TEXNET Hotlinetoll free at 800-531-5441, ext. 3-3010Texas Comptroller of Public AccountsFor additional copies, visit the TEXNET information page hpIn compliance with the Americans with Disabilities Act, this document may be requested in alternative formats by calling the toll free numberlisted above or by sending a fax to 512-475-0900.Publication 96-1141 Revised January 2022

Texas Comptroller of Public Accounts. Routing #: 114900164. Account Name: Texas Comptroller of Public Accounts. Account #: 883083001. The Comptroller of Public Accounts is the receiving bank and is located in Austin, Texas. Please include: UP, federal ID number, company name, contact person and phone number. For EFT information, call the TEXNET .