Common use of PAYMENT BY ELECTRONIC FUND TRANSFER Clause in Contracts

PAYMENT BY ELECTRONIC FUND TRANSFER. Contractor shall accept all payments from District via electronic funds transfer (EFT) directly deposited into the Contractor’s designated checking or other bank account. Contractor shall promptly comply with directions and accurately complete forms provided by District required to process EFT payments.

PAYMENT BY ELECTRONIC FUND TRANSFER. Contractor shall accept all payments from District County via electronic funds transfer (EFT) directly deposited into the Contractor’s designated checking or other bank account. Contractor shall promptly comply with directions and accurately complete forms provided by District County required to process EFT payments.