There are three ways you can submit royalty payments:
The AMA Royalty Portal:
Royalty payments can be submitted on the Royalty Portal https://royaltiesportal.ama-assn.org.
1. Credit card payments through the Royalty Portal. Credit card payments may not exceed $23,000 including applicable sales tax.
2. ACH Debit payments through the Royalty Portal.
ACH or Wire Transfer:
The Northern Trust Company
50 South LaSalle Street
Chicago, IL 60603
Swift # CNORUS44 (if needed for international transfers)
Account Number: 54070
Account Name: AMA General Checking Account
Descriptor: Please provide a short description of what the payment is for, AMA Contract ID, royalty period.
Q: How can I find and make payments due?
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 Statement.”
Q: Is there a credit card payment limit?
A: If the total of all of your fees due is $20,000 or less before tax, you may use a credit card to pay that/those balance(s). If the total of your fees is over $20,000, 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 by other methods.