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EFT stands for electronic funds transfer. This is when you allow a merchant to withdraw a specific amount on on certain date from your bank account. This can be very convenient. For one, many companies will give a discount for allowing them to do this. Two, you don't have to worry if your payment is going to be late or if you forgot to send a payment. This is a growing trend that almost all companies provide.
If you would like us to explain in more detail or if you would like us to set up your account on EFT you can call us at 713-227-7283.
You cn also get a quote for auto, home, life and business insurance at www.reliableins.net or call us at 713-227-7283.
Posted On
1/4/2010 10:18:59 AM
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