CG7302.PDF. EFT/ACH Member Payment Enrollment Form 2025

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EFT includes any money transfers between banks, while also including things like digital wallets and ATM cash withdrawals. The big ACH and EFT difference is that ACH specifically refers to payments sent via Automated Clearing House. Another ACH and EFT difference involves timing and cost.
Yes, direct deposit is typically an ACH (Automated Clearing House) transaction. However, not all ACH transactions are direct deposits. While direct deposits are a common type of ACH transaction, the ACH network also facilitates other types of electronic payments, including ACH debits and credits.
ACH VENDOR/MISCELLANEOUS PAYMENT ENROLLMENT FORM. OMB No. 1510-0056. This form is used for Automated Clearing House (ACH) payments with an addendum record that contains payment- related information processed through the Vendor Express Program.
Use this form to enroll in Direct Deposit of your federal payment from the General Services Administration.
An Automated Clearing House (ACH) authorization is a payment authorization that gives the lender permission to electronically take money from your bank, credit union, or prepaid card account when your payment is due.
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15100056. ENROLLMENT FORM. This form is used for Automated Clearinghouse (ACH) payments with an addendum record that contains payment-related information processed through the Vendor Express Program.