As we all try to cope with the COVID-19 situation, we are seeing many businesses move to operating remotely or asking office staff to stay home. We want to be sure you are aware of the opportunity to receive vendor payments from the City of Bend through electronic funds transfer.
Utilizing electronic funds transfer eliminates the need for you to physically receive a check in the mail and deposit it. This means the money arrives in your account earlier and without the need for anyone to be present at your office. An email is sent to an account you designate with the details of the items being paid by the deposit so you can properly record the transaction in your records.
If you want to take this opportunity to sign-up to receive future payments from the City of Bend via Electronic Funds Transfer (EFT), please complete the Electronic Funds Transfer Authorization Agreement form found on the City website at: bendoregon.gov/government/departments/finance/forms
Once the completed EFT agreement form and the supporting documentation (see Part III of the form) are received, City staff will verify the request and update your record. We try to run a test promptly but some vendors may receive one more check after submitting their completed paperwork during the transition to EFT.
We hope you will take advantage of this opportunity. If you have any questions regarding how the EFT process works or the security we have in place, please call me at 541-385-6677.
