What does my supplier have to do to be signed up to receive Electronic Funds Transfer (EFT) payments?
A supplier will have to provided specific bank routing information in order to be enrolled to receive domestic and international EFT payments. The required information includes beneficiary account number, bank routing information, bank name, bank branch name, bank address, and bank account type. For international payments, suppliers must also provide correspondent bank account routing information.
Related Questions
- Can I also enroll in NYSEGs Electronic Funds Transfer (EFT) service and have my bill payments automatically deducted from my checking account if I enroll in NYSEGs e-Bill service or another online billing service?
- What does my supplier have to do to be signed up to receive Electronic Funds Transfer (EFT) payments?
- Do new agreements need to be signed for electronic funds transfer (EFT) as a result of the NPI?
