The Treasurer's Office will disburse EFT ACH payments only to U.S. Banks via the operating rules of the National Automated Clearing House Association (ACH).
Generally, EFT ACH disbursements will take two workdays after warranting by the General Accounting Division to appear in the receiving bank.
Disbursements are warranted based on the bill-paying agency's Payment Due Date information. Vendors should clearly understand their financial institution's policies on funds availability.
ACH payments are considered settled when accepted by the receiving bank.