EFT_FORM.pdf

This is an Electronic Funds Transfer (EFT) Authorization Form issued by the Clay County Clerk of Court and Comptroller in Florida, related to a Community Development Block Grant (CDBG) project for housing foundation and substructure rehabilitation services. The form is used to authorize Clay County Comptroller's office and a financial institution to initiate electronic credits and debit entries for vendor payments. The authorization remains in effect until the vendor submits written cancellation to the Comptroller Department. Vendors must provide complete banking information including the financial institution name, account type (checking, savings, or other), transit/ABA/routing number, and account number. The form requires an authorized signature and date from the individual or business representative.

This authorization form is a standard administrative requirement for vendors contracted with Clay County to receive payment via electronic funds transfer rather than check payments. Vendors must notify the Comptroller Department immediately if they close or change their bank account. The form provides guidance for both individuals and businesses to obtain their complete EFT information from their financial institutions, with suggestions to request direct deposit letters or voided checks if documentation is needed. Submission of a completed EFT form is typically a prerequisite for contract award and commencement of payment processing.