Common use of EFT information Clause in Contracts

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 xxxxx://xxxxxxxxx.xx.xxx(.) 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.

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 xxxxx://xxxxxxxxx.xx.xxx(.) 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 Xxx. § 11-35-45(c))