What information do parents have to provide to ensure their payment goes directly into their bank account?
When completing the EMA Application Form, parents who wish to receive their payment via EFT will need to tick the Payment by Electronic Funds Transfer (EFT) option and fill in their BSB and bank account details. The application form also requests the Bank name and Branch name, however this does not need to be entered into the EMA system and is for verification purposes only. Where an EFT payment is made successfully paid to the parent, no further action is necessary by the school. Where an EFT payment to a parent is rejected at a bank, the school will need to consult with the parent to determine the correct account details, or consult with the Department to determine appropriate action. Where account details can be corrected, the school will simply update the application details and resubmit the application for EFT payment. For parents who choose the cheque payment option, the school EMA administrator will record this in the EMA system by means of a Pay by Cheque tick box.
Related Questions
- We are running a web farm for a number of merchants. How do we use Payment Express to ensure each payment is settled to the appropriate merchant bank account?
- What are the benefits of having my pension payment deposited directly to my bank account instead of receiving a cheque in the mail?
- What if a monthly payment cannot be drafted from the Organizers bank account?