There are three ways you can submit royalty payments:
The AMA Royalties Portal:
1. Credit card payments through the Royalties Portal. Credit card payments may not exceed $23,000 including applicable sales tax.
2. ACH Debit payments through the Royalties Portal.
If you have permission to make and view payments, click on the Payments Section of the Royalties Portal.
OR
ACH or Wire Transfer:
The Northern Trust Company
50 South LaSalle Street
Chicago, IL 60603
ABA #071000152
Swift # CNORUS44 (if needed for international transfers)
Account Number: 30754070 (new as of March 2023)
Account Name: AMA CPT Royalties (new as of March 2023)
Descriptor: Please provide a short description of what the payment is for including the AMA Contract ID.
If you must include an email contact address, please use ama.treasury@ama-assn.org.
FAQs
Q: How can I find and make payments due in the Royalties Portal?
A: If you are set up with permissions to make and view payments, you will see a Payments tab available at the top of the screen. If a payment is due, click on the check box next it, in order to activate the payment buttons.
Q: Can I pay a portion of what I owe?
A: If you have multiple payments due, you can select one or more of them by clicking on the check box next to each line item. You cannot, however, make a partial payment if there is only one line item.
Q: Can you send me an invoice?
A: Once you click on the check boxes next to one or more payment line items, you will see a button to “Print Invoice.”
Q: Is there a credit card payment limit?
A: If the total of all of your fees due is $23,000 or less, including applicable sales tax, you may use a credit card to pay that/those balance(s). If the total of your fees is over $23,000, payment must be made by ACH or Wire Transfer.
Q: How can I tell if a payment has already been made?
A: There is a History section in the Payments tab. You can click on that section to view a history of payments that have been successfully submitted in the Royalty Portal. You will not be able to see a history of payments made outside of the Portal.
Q: Can I have a receipt?
A: Click on the "Order Number" and the full details of the transaction will display for your records.
If you still have any questions about the terms of your agreement, the balance on your account or submitting a report, please submit a request Current Internal Use Licensee Help Request and a team member will respond to help.