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Electronic Funds Transfer, or EFT, is a free and secure way to receive health-care payments more quickly and without risk. And EFT enrollment also eliminates docHub challenges and allows funds to be transferred directly to your financial institution without the need for you to cash or deposit a printed check.
An electronic funds transfer (EFT) or direct deposit, is a digital movement of money from one bank account to another. These transfers take place independently from bank employees. As a digital transaction, there is no need for paper documents.
With direct deposit or electronic funds transfer (EFT), the general public, government agencies, and business and institutions can pay and collect money electronically, without having to use paper checks.
ELECTRONIC FUNDS TRANSFER (EFT) ENROLLMENT FORM. Use this form to enroll in Direct Deposit of your travel and miscellaneous reimbursements from the General Services. Administration.
Electronic Funds Transfer (EFT) The process used to transmit health care payments from a health plan to a health care providers bank is commonly called EFT.
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