Electronic Funds Transfer (EFT)

Electronic Funds Transfer (EFT) deposits payments to the payee’s U.S. bank account within two business days following final approval in the Berkeley Financial System (BFS). Because EFT is more secure and convenient than paper checks, it is a preferred payment method.

The process for authorizing EFT depends on the type of payee. Please refer to the following sections for information and instructions for UC Berkeley students, employees, and suppliers.

UC Berkeley Students