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TM Department of Finance CITY OF NEW YORK DEPARTMENT OF FINANCE TREASURY DIVISION DIRECT DEPOSIT/ELECTRONIC FUNDS TRANSFER (EFT) VENDOR PAYMENT ENROLLMENT FORM l Mail to: NYC Department of Finance,

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What is direct deposit/electronic funds transfer?

Direct deposit/electronic funds transfer is a payment method where funds are electronically transferred directly into a recipient's bank account.

Who is required to file direct deposit/electronic funds transfer?

Employers and financial institutions are typically required to file direct deposit/electronic funds transfer.

How to fill out direct deposit/electronic funds transfer?

One can fill out direct deposit/electronic funds transfer by providing the necessary banking information and authorization form.

What is the purpose of direct deposit/electronic funds transfer?

The purpose of direct deposit/electronic funds transfer is to provide a convenient and efficient way to make payments and receive funds.

What information must be reported on direct deposit/electronic funds transfer?

Information such as the recipient's bank account number, routing number, and the amount to be transferred must be reported on direct deposit/electronic funds transfer.

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