Form EFT-M Authorization for Electronic Funds Transfer Payments - Massachusetts

What Is Form EFT-M?

This is a legal form that was released by the Massachusetts MassHealth - a government authority operating within Massachusetts. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is the Form EFT-M Authorization?A: The Form EFT-M Authorization is a document used in Massachusetts to authorize electronic funds transfer payments.

Q: What is an electronic funds transfer?A: An electronic funds transfer is a way to move money from one bank account to another electronically.

Q: Why would I need to use the Form EFT-M Authorization?A: You would need to use the Form EFT-M Authorization if you want to authorize electronic funds transfer payments for a specific purpose or service.

Q: What information do I need to provide on the Form EFT-M Authorization?A: You will need to provide your bank account information, the purpose of the authorization, and any other required information specified on the form.

Q: Are there any fees associated with using electronic funds transfer?A: Fees may apply for electronic funds transfers, so it's important to check with your bank or the institution initiating the transfer.

Q: Can I cancel or revoke the EFT-M Authorization?A: Yes, you can cancel or revoke the EFT-M Authorization by notifying the Massachusetts Department of Revenue or the institution or entity that received the authorization.

Q: How long does it take for an electronic funds transfer to process?A: The processing time for an electronic funds transfer can vary depending on the banks involved and other factors, but it typically takes a few business days.

Q: Is the Form EFT-M Authorization specific to Massachusetts?A: Yes, the Form EFT-M Authorization is specific to Massachusetts and is used for authorizing electronic funds transfer payments within the state.