What is the benefit of enrolling in Electronic Funds Transfer (EFT)?
EFT payments are received in your bank account within 1 banking day after Cummins authorizes payment. A paper check requires approximately 4 days after payment authorization to reach the supplier. An additional benefit is the cost for processing an EFT payment is significantly less than costs incurred by Cummins and the supplier to process paper checks. Lastly, EFT eliminates the risk of payment being lost or detained due to mail routing issues.
