1.)  Debit or credit originator (you) creates Accounts    Receivable or Accounts Payable batch(es) of transactions and transmits them to us via modem in an encrypted format.

2.)  We accumulate thousands of transactions and transmit to the Federal Reserve Bank’s Automated Clearing House (ACH) division before 1 p.m. PST daily, except holidays.

3.)  The Federal Reserve electronically transmits withdrawals or deposits to local bank’s general fund along with instructions as to which individual accounts the bank should debit or credit.

4.)  Local bank's computers check all transactions from ACH and debit or credit proper accounts. If debited accounts have sufficient funds the transaction is complete and the funds are sent back through the ACH to your bank. If an account does not have sufficient funds to cover the withdrawal by the ACH, an electronic Non- Sufficient Funds (NSF) notice is sent to us and we forward it on to you immediately. You have your monies or a notice of NSF usually within 24-48 hours.

EFT eliminates the burden of your customer having to originate and move a piece of paper (check), and also eliminates the burden of the recipient/business having to process the piece of paper (check) when it is received. Instead, the customer benefits from the convenience of having the funds moved in a secure and timely manner based upon the standing written order/authorization. This authorization may be revoked at any time by a written notice from the customer to you, (and only you, not his bank) the recipient.  EFT eliminates the danger of lost or stolen checks and identity theft.