Obtaining Financial Assistance - How to correct incorrectly entered bank account details

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Historic post, May 8, 2020. This post was a temporary government measure during the 2020 COVID-19 pandemic and is no longer in effect. For current tax or financial matters of your business Contact us here.
The General Directorate of Taxes informs all taxpayers who, in the form Request for financial assistance, Package 1: those who have mistakenly filled in the bank account details (bank name and/or IBAN) for their employees, beneficiaries of financial assistance, can correct them by entering the correct information on the form they previously completed. Correcting the data is only possible for individuals whose Financial Assistance Application has been approved and for whom second-tier banks have not processed the transfer of the benefit amount to their accounts due to inaccurate bank account information. Identifying the individuals for whom the Bank name and/or IBAN in the Form needs to be corrected is very simple; their payment status is Returned by the Bank for inaccuracy (we can change it depending on the status that will be set in the system) After the correction of the bank account data, no further verification will be necessary, but the payment will be processed immediately and the amount of 26,000 lekë will be transferred to the account of each individual beneficiary. Source: General Directorate of Taxes.

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About the author

Andi Haxhillari is an economist and the founder of AlProfit Consult, an accounting, tax advisory, and financial management firm in Tirana, established in 2015. He holds the professional title of Certified Accountant, certificate no. 359, issued by the Certification Authority of the Ministry of Finance on July 4, 2012. He graduated with a Master's degree in Accounting and as a General Economist from the Faculty of Economics at the University of Tirana. For more than ten years, he has worked as an external economist for small and medium-sized businesses in Albania.

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