Common use of ELECTRONIC FUNDS TRANSFER (EFT Clause in Contracts

ELECTRONIC FUNDS TRANSFER (EFT. The cooperator shall designate a financial institution or an authorized payment agent through which a federal payment may be made in accordance with US Treasury Regulations, Money and Finance at 00 XXX 000, which requires that federal payments are to be made by EFT to the maximum extent possible. A waiver may be requested and payments received by check by certifying in writing that one of the following situations apply: a. The payment recipient does not have an account at a financial institution. b. EFT creates a financial hardship because direct deposit will cost the payment recipient more than receiving the check. c. The payment recipient has a physical or mental disability, or a geographic language, or literacy barrier. In order to receive EFT payments, the recipient/cooperator shall register in the System for Award Management (XXX). You may register by going to xxx.xxx.gov and follow the instructions provided on-line. For assistance, contact the XXX Assistance Center at (000) 000-0000.

ELECTRONIC FUNDS TRANSFER (EFT. The cooperator shall designate a financial institution or an authorized payment agent through which a federal payment may be made in accordance with US Treasury Regulations, Money and Finance at 00 XXX 000, which requires that federal payments are to be made by EFT to the maximum extent possible. A waiver may be requested and payments received by check by certifying in writing that one of the following situations apply: a. The payment recipient does not have an account at a financial institution. b. EFT creates a financial hardship because direct deposit will cost the payment recipient more than receiving the check. c. The payment recipient has a physical or mental disability, or a geographic language, language or literacy barrier. In order to receive EFT payments, the recipient/cooperator shall register in the System for Award Management (XXX). You may register by going to xxx.xxx.gov and follow the instructions provided on-line. For assistance, contact the XXX Assistance Center at (000) 000-0000.

ELECTRONIC FUNDS TRANSFER (EFT. The cooperator shall designate a financial institution or an authorized payment agent through which a federal payment may be made in accordance with US Treasury Regulations, Money and Finance at 00 XXX 00031 CFR 208, which requires that federal payments are to be made by EFT to the maximum extent possible. A waiver may be requested and payments received by check by certifying in writing that one of the following situations apply: a. The payment recipient does not have an account at a financial institution. b. EFT creates a financial hardship because direct deposit will cost the payment recipient more than receiving the check. c. The payment recipient has a physical or mental disability, or a geographic language, language or literacy barrier. In order to receive EFT payments, the recipient/cooperator shall register in the System for Award Management (XXX). You may register by going to xxx.xxx.gov and follow the instructions provided on-line. For assistance, contact the XXX Assistance Center at (000) 000-0000.

ELECTRONIC FUNDS TRANSFER (EFT. The cooperator shall designate a financial institution or an authorized payment agent through which a federal payment may be made in accordance with US Treasury Regulations, Money Money, and Finance at 00 XXX 00031 CFR 208, which requires that federal payments are to be made by EFT to the maximum extent possible. A waiver may be requested requested, and payments received by check by certifying in writing that one of the following situations apply: a. The payment recipient does not have an account at a financial institution. b. EFT creates a financial hardship because direct deposit will cost the payment recipient more than receiving the check. c. The payment recipient has a physical or mental disability, or a geographic language, language or literacy barrier. In order to receive EFT payments, the recipient/cooperator shall register in the System for Award Management (XXX). You may register by going to xxx.xxx.gov and follow the instructions provided on-line. For assistance, contact the XXX Assistance Center at (000) 000-0000.

ELECTRONIC FUNDS TRANSFER (EFT. The cooperator Commission shall designate a financial institution or an authorized payment agent through which a federal payment may be made in accordance with US U.S. Treasury Regulations, Money Money, and Finance at 00 XXX 000, which requires that federal payments are to be made by EFT to the maximum extent possible. A waiver may be requested and payments received by check by certifying in writing that one of the following situations apply: a. 1. The payment recipient does not have an account at a financial institution., or b. 2. EFT creates a financial hardship because direct deposit will cost the payment recipient more than receiving the check., or c. 3. The payment recipient has a physical or mental disability, or a geographic geographic, language, or literacy barrier. In order to receive EFT payments, the recipient/cooperator commission shall register in the System for Award Management Central Contractor Registry (XXX). You may register by going to xxx.xxx.gov CCR) at xxx.xxx.xxx and follow the instructions provided on-on line. For assistance, contact the XXX CCR Assistance Center at (000) -000-0000 or 000-000-0000.