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Automotive-related Businesses
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The Department encourages dealers to sign up for the Electronic Funds Transfer (EFT) program. What benefits does this program provide to dealers?
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Answer:
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Class A, B, and D dealers who choose the EFT method to pay for their transactions enjoy the following benefits:
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Eliminates the need for writing checks for each transaction.
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Expedites transactions with the Secretary of State by ensuring proper fee collection. Eliminates the need for branches to return RD-108s for added fees, if you've made an agreement with your branch to change fees by a few dollars, without returning a transaction.
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Dealers receive an itemized receipt showing all related fees for each transaction processed. This receipt can help you to maintain your business records.
Dealers may obtain an EFT
application on-line
or from the Revenue Accounting Section, at (517) 322-1728.
Return the completed EFT application to the mailing address or fax number on the face of the application.
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