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Electronic Funds Transfer (EFT) Overview

The EFT feature (also referred to as Direct Deposit) allows you pay your employees electronically by transferring funds directly to their bank account. eNETEmployer accomplishes this by producing an electronic file ("EFT") that you can upload to your company's bank for payment processing. The EFT file contains both your company's bank details (the debiting bank), and each employee's individual bank account information.

EFT Basics

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