Adding EFT Bank Accounts

Sam Dooley

Hello fellow FE users


I am working to set up EFT payments and am wondering how folks securely collect vendor's banking information? Is this something FE facilitates? I'm picturing an email sent directly to the vendor to complete these fields


Also, for international EFT, what is the difference between routing number and "Go" routing number?


Any general advice, tips, or recommendations re EFT payments is appreciated!


Sam

Kristi Scharl

At my current organization we are taking the information directly from invoices sent to us (some vendors have the information at the bottom of the invoice) and for others we are mailing a form with their check. At my last organization we had encrypted email which is how we collected the information.