Electronic Transfer of Funds

Initiating a payment that must be made via electronic funds transfer requires coordination between the department, the Accounts Payable Office and the Cashiering Office. 

EFTs for Vendor Payments

Some vendors/service providers request payment to be made via an electronic funds transfer. This form of payment requires wiring or ACH (automated clearinghouse) information to be obtained from the vendor/service provider and entered on the Electronic Funds Transfer Form. Along with completion of this form, an invoice from the vendor/service provider is required. International wire requests that do not include all of the information required will be delayed until all information is provided by the requesting department.

Payment via EFT requires lead time of 5 to 7 business days.

Payment can usually be made in a foreign currency when requested by the vendor/service provider.

To Related Forms

Electronic Funds Transfer Form (XLS)