Electronic Funds Transfer

What is EFT?
Electronic Funds Transfer is a secure transmission of payment information from our bank account to yours.  It is similar to having your paycheck direct deposited.

• There is no cost to you!
• The check will not be delayed by the post office.
• The check will not get mangled by the post office.
• The check will not get mis-delivered by the post office.
• The check will not get delayed by mechanical problems at the Trustee’s office.
• Your voucher information can be imported into your accounting software from the National Data Center
• You can get your voucher information emailed to your office.
• No more finding the endorsement stamp and sending an employee to the bank (or going there yourself).

How do I sign up?

• Click visit our FORMS page and download a copy of the EFT Enrollment form.
• Fill out the form and attach a voided check to it.
• Send it in to our office and we’ll contact you when your account has been set up.
• Enroll with the National Data Center to view payment vouchers online and receive notifications about your payments.

How long does it take to set up EFT?

• The cut off for EFT setup is the 15^th of the prior month.
• We will update your records on our system within a few days of receipt of your request.
• We will send a “pre-note” file to your bank to confirm that funds can go through.
• If there are no problems after 10 business days we will switch your account to “live” status and you  will receive an electronic disbursement the following month.
  • Our office will contact you with the first EFT disbursement information for you to confirm.

Can I leave the EFT program?

• Yes, this is a completely voluntary program.
• Complete the EFT Termination form and send it in to us.
  • We will confirm that the account has been returned to normal status.
• Please send us feedback on why you are leaving the program.

Will I get other checks electronically?

• Yes, all payments from our office will be electronic once you enroll with the program.