In order to encourage employers and self-employed persons to settle their debts to the National Insurance Institute, and to ensure their rights, the local branches have the authority to reduce fines and to settle debts by installment payments. The latter can be facilitated by a letter of recommendation for a bank loan.
The Institute enables employers and self-employed persons to settle their debts by means of credit card either by telephone or by the NII Internet website, in the Insurance Payment section; or by a standing order arrangment with a bank; or by post-dated checks.
The confirmation of debt settlement given to employers and self-employed persons, (who make payment arrangements either by credit card or by recomendation for a bank loan) will include the insurance contributions for that year as presented for income tax deduction purposes.
These arrangements apply only to debts and not to current payments. In order to assist insurees, the National Insurance Institute has reached an agreement with all the banks, and insurance contributions may now be paid at any bank.