Electronic Funds Transfer (EFT) is also known as Direct Deposit. It is the transfer of funds to a checking or savings account at a participating bank, savings and loan association or credit union.
Increased staff productivity
– Time spent traveling and/or standing in line at the bank is time better spent in your dental practice. EFT allows your staff to stay productive in your office.
Reduced risk of theft or fraud
– Whether it is mail theft or embezzlement, EFT provides greater assurance/accountability for funds.
Predictable cash flow
– You will know exactly when your funds from Delta Dental of New Jersey will be in your bank account. You no longer need to worry about mail delays or trying to make it to the bank in time for a deposit.