EFT Information Sample Clauses
The EFT Information clause defines the requirements for providing and maintaining accurate electronic funds transfer (EFT) details between parties. It typically specifies what banking information must be shared, such as account numbers and routing details, and may outline procedures for updating this information if changes occur. This clause ensures that payments can be processed efficiently and securely, reducing the risk of delays or errors in financial transactions.
EFT Information. The Contractor must furnish to the State Treasurer’s Office information necessary for making a payment by electronic funds transfer (EFT). You may do this by completing STO Form 4 and filing it with the STO. Additional information is available at the STO’s website at ▇▇▇▇▇://▇▇▇▇▇▇▇▇▇.▇▇.▇▇▇
EFT Information. The Contractor shall provide the following information to the designated office. The Contractor may supply this data for this or multiple contracts (see paragraph (b) of this clause). The Contractor shall designate a single financial agent per contract capable of receiving and processing the EFT information using the EFT methods described in paragraph (c) of this clause.
(1) The contract number (or other procurement identification number).
(2) The Contractor's name and remittance address, as stated in the contract(s).
(3) The signature (manual or electronic, as appropriate), title, and telephone number of the Contractor official authorized to provide this information.
(4) The name, address, and 9-digit Routing Transit Number of the Contractor's financial agent.
(5) The Contractor's account number and the type of account (checking, saving, or lockbox).
(6) If applicable, the Fedwire Transfer System telegraphic abbreviation of the Contractor's financial agent.
(7) If applicable, the Contractor shall also provide the name, address, telegraphic abbreviation, and 9-digit Routing Transit Number of the correspondent financial institution receiving the wire transfer payment if the Contractor's financial agent is not directly on- line to the Fedwire Transfer System; and, therefore, not the receiver of the wire transfer payment. (End of clause) I-87 52.243-7 NOTIFICATION OF CHANGES APR/1984
EFT Information. The Contractor shall complete the required information regarding the financial institution and account and obtain the signature of an authorized agent on a District 11 Direct Deposit Form which can be obtained from the Contracting Officer of the Designated Payment Office. The completed form may be returned by mail or facsimile to the Designated Payment Office and a copy provided to the designated Contracting Officer.
EFT Information. The Contractor shall provide the following information to the designated office. The Contractor may supply this data for this or multiple contracts (see paragraph (b) of this clause). The Contractor shall designate a single financial agent per contract capable of receiving and processing the EFT information using the EFT methods described in paragraph (c) of this clause.
EFT Information. The Contractor must furnish to the State Treasurer's Office information necessary for making a payment by electronic funds transfer (EFT). You may do this by completing STO Form 4 and filing it with the STO. Additional information is available at the STO's website at ▇▇▇▇▇://▇▇▇▇▇▇▇▇▇.▇▇.▇▇▇(.) The Contractor is responsible for the currency, accuracy and completeness of the EFT information. Updating EFT information may not be used to accomplish an assignment of the right to payment, does not alter the terms and conditions of this contract, and is not a substitute for a properly executed contractual document. (S.C. Code ▇▇▇.§ 11-35-45(c)) PARTICIPATING ADDENDUM ValuePoint
EFT Information. Provider will complete EFT information on this form and submit a bank letter or voided check from the account to which funds will be transferred.