Can OTA vendor payments be sent as an Electronic Funds Transfer (EFT)?

One time vendor accounts (OTA) are not eligible for payment via eft, since they have not been vetted by Procurement Services for security and banking information, or have a permanent vendor account.

Click here to for instructions on how to set up an OTA vendor with a vendor account. For assistance with deciding between using an OTA vendor or setting up a permanent vendor account in FIS please see this article.

For more information about EFT payments, visit the Financial Services EFT Change Resource page, or EASI’s EFT Initiative Project Overview page.

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Learn More:

• Article – To use an OTA vendor account, or to request a permanent vendor account, that is the question
• Reference Guide – FB60: Enter Invoice using OTA Vendor
• Simulation – FB60: Enter Invoice using OTA Vendor

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Last Updated:  February 16, 2023