How are EOA transactions conducted?
All EOA transactions debit trade dollars from the buyers account and credit the sellers account. This process is accomplished using one of the following methods: • Credit card terminal: approvals and declines operate the same as Visa transactions. • Automated telephone system: Seller calls from any touch-tone phone and answers questions; completes an EOA transaction slip; buyer signs and each receive copy. • Office: Seller calls EOA office and provides information to a trade broker; buyer signs and each receive copy.
