Electronic Funds Transfer:
Just How Does It Work?
The most convenient way for Easy Pay Plan customers to make payment for
deliveries and service is through the use of Electronic Funds Transfer (EFT). The
name "Easy Pay" comes from the ease by which EFT can be used to move funds
from your bank to our bank. It is incredibly accurate and saves you the time and
trouble of having to write and mail a check. EFT transfers will eventually replace
checks and become the preferred method to pay all bills.
Here’s how it works: We come to your home to make an oil delivery using our Easy Pay program. As always, the delivery ticket will serve as an invoice. On Friday, the week after we make the delivery, we will transfer the funds for that delivery from your bank account to our bank account. The transfer will appear on your monthly bank statement. That’s all there is to it.
EFT transfers for service invoices would be handled exactly the same way. To set up EFT, you fill out a simple one-page form and provide us with a photocopy or a voided check for your account. You can download the form or we will be glad to send you one by fax, e-mail or regular mail. It’s as simple as that. As always, if you have any questions, feel free to call us at 973-383-1421.
