You should file a Form 498 even if you think you will use the SPI invoicing method rather than BEARs.

After completing a Form 498 and submitting supporting documentation verifying bank account information such as a voided check, you will receive an approved applicant 498 ID for your billed entity that can be used on a BEAR form.

You do not need to file more than one Form 498 unless you wish to utilize multiple bank accounts. A billed entity may have more than one 498 ID if that entity has more than one bank account it uses to receive BEAR payments.

The following information will be needed when filing a Form 498:

• Federal Employer Identification Number (EIN)
• SAM.gov UEI
• FCC Registration Number (FCC RN)
• Bank name
• Bank account number - the number assigned by your bank to identify your account
• Routing number - a nine-digit number that identifies the specific bank

See the PDF file below for step by step instructions on filing the Form 498.

Guide
Form 498 How to Guide