Electronic Funds Transfer
EFT simplifies reimbursement by replacing paper checks with direct deposits. EFT is convenient and can minimize risk, reduce administrative overhead, and help you access payments more quickly.
What is it?
First Choice by Select Health of South Carolina uses Change Healthcare for EFT. EFT is a method used to transfer funds from one bank account to another bank account, eliminating the use of paper checks. It is widely used because it is more efficient and secure than payment by paper checks. EFT results in funds reaching your bank account faster than paper checks through the mail, and it eliminates the need to use mobile deposit or to make a trip to the bank to deposit your check(s).
- EFT Participating Payers
- EFT Enrollment Data Element Descriptions — CORE-required Maximum EFT Enrollment Data Set
- EFT Enrollment Guide
- Quick Start Electronic Services Guide
- E-Payment Enrollment Authorization Form — Initial EFT enrollment.
- EFT Contact Request Form — Add additional EFT contacts.
- EFT Payer Add/Change/Delete Authorization Form — Add, change, or delete payers.
- EFT Test Transaction Resubmission Form — After initial test deposit is not received.
- E-Payment Enrollment Authorization Form — To be used for bank changes.
- Payment Manager Authorization Request Form — Change Payment Manager Administrators.
View our presentation on Streamlining Your Payment Workflow Via Electronic Fund Transfer (EFT).