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Frequently Asked Questions About Electronic Fund Transfer (EFT)

1. What is EFT?
     EFT is automatic payment. Your payment for your Church contribution is deducted automatically from
       your checking or savings account.
2. How can money be transferred from my account?
     Only you can authorize EFT. Your written authorization is required.
3. When is the EFT transferred from my account?
     Two Options are available. Once a month on the 1st of each month or twice a month on the 1st &
       15th of each month.
4. How do I sign up for EFT?
     Complete and sign the authorization form below and return it, along with a voided check or savings
       deposit slip to St. Margaret Parish Office, 141 Hickory Avenue, Bel Air, Maryland 21014.

St. Margaret Catholic Church YES! I'd like to sign up for Electronic Fund Transfer

AUTHORIZATION AGREEMENT FOR DIRECT PAYMENTS (ACH DEBITS)

I (we) hereby authorize ST. MARGARET CHURCH, hereinafter called COMPANY, to initiate debit entries to my (our) [_] Checking Account / [_] Savings Account (select one) indicated below at the depository financial institution named below, hereinafter called DEPOSITORY, and to debit the same to such account. I (we) acknowledge that the origination of ACH transactions to my (our) account must comply with the provisions of the U.S. law.

Preferred Payment Options: $_______________          ____ Once a month (1st day of month)
                                               $ ______________           ____ Twice a month (1st & 15th day of month)
Depository
Name _____________________________________ Branch ________________________________

City   _____________________________________ State ________________ Zip ______________

Routing                                                                           Account
Number ___________________________________ Number ________________________________

This authorization is to remain in full force and effect until COMPANY has received written notification from me (or either of us) of its termination in such time and in such manner as to afford COMPANY and DEPOSITORY a reasonable opportunity to act on it. I understand that my financial institution may charge my account a $ fee for any insufficient funds (NSF) transactions.

Name (s) __________________________________   ID (Envelope) Number ____________________
                                      ( Please Print)

Date ________________________ Authorized Signature ____________________________________

NOTE: ALL WRITTEN DEBIT AUTHORIZATIONS MUST PROVIDE THAT THE RECEIVER MAY REVOKE THE AUTHORIZATION ONLY BY NOTIFYING THE ORIGINATOR IN THE MANNER SPECIFIED IN THE AUTHORIZATION.

PLEASE ATTACH VOIDED CHECK OR SAVINGS DEPOSIT SLIP