How to Use GIBAN to Make VAT Payments
The Federal Tax Authority (FTA) introduced GIBAN as a payment method to streamline VAT payments for registered taxpayers, complementing existing options like e-Dirham and credit cards. This article explains what GIBAN is, how to obtain it, and how to use it to settle your UAE tax obligations.
What Is GIBAN?
GIBAN stands for Generated International Bank Account Number — a unique IBAN assigned to each VAT-registered individual or entity. A taxable person can use the GIBAN to transfer funds from specific UAE financial institutions, enabling faster processing of fund transfers between accounts.
How to Obtain Your GIBAN
Each taxpayer receives a GIBAN assignment based on their Tax Registration Number (TRN). The GIBAN is presented on the taxpayer's dashboard within the FTA e-Services portal, making it readily accessible to all registered users. Simply log in to your FTA e-Services account and navigate to your dashboard to find your unique GIBAN.
What Tax Obligations Can GIBAN Cover?
GIBAN payments cover the following tax obligations:
- Unpaid VAT amounts
- Excise Tax liabilities
- Associated penalties and surcharges
This provides comprehensive tax settlement options, allowing businesses to resolve all their FTA liabilities through a single bank transfer.
Key Benefits of Using GIBAN
Avoid Credit Card Processing Fees
One of the most significant advantages of GIBAN is that it helps taxpayers avoid credit card processing fees. Standard card payments to the FTA typically carry a 2–3% processing charge, which can add up significantly for businesses with large VAT liabilities. GIBAN transfers eliminate this cost entirely.
Timely Fund Transmission
Utilising GIBAN ensures timely transmission of funds to the FTA, reducing the risk of late payment penalties. Bank transfers via GIBAN are processed efficiently and are reflected in your FTA account faster than some alternative payment methods.
Step-by-Step: Making a VAT Payment via GIBAN
- Log in to your FTA e-Services portal account.
- Navigate to your dashboard and locate your unique GIBAN.
- Log in to your UAE bank's online portal or visit a branch.
- Initiate a local bank transfer (IBAN transfer) using your GIBAN as the beneficiary account number.
- Enter the exact amount due as shown on your FTA account.
- Complete the transfer — funds will be allocated to your FTA account automatically.
Need Help with VAT Compliance?
HMA is a registered FTA tax agent providing end-to-end VAT compliance services in the UAE — including VAT registration, return filing, and payment management. If you need assistance with your VAT obligations or understanding the GIBAN system, contact our team today for a free consultation.