The Deposit Institution/Payee Detail Screen is used to indicate details for possible payees when making benefit payments.

• Sponsor/Payee: if there are sponsor-level payees set up, then select from this list if the payee here is one of those payees created.
• Institution/Payee: enter the name of the institition or person that is receiving payment.
• Address/Routing Information: use the spaces here to enter the name and address of the payee that will be receiving check or electronic benefit payment. For electronic benefit payments, fill out the Account Information section on this screen, as well as the bank's Routing Number in the space provided here. The Routing Number is a 9-digit code which is required for electronic ACH payment. You may also include a Memo for the electronic payment.
• Contact Information: section for providing contact information at the bank or financial institution receiving payment if available. Include a specific contact's Name, Title, Phone/Fax number, and Email.
• Account Information: for defining account information for processing electronic benefit payments.
  
  
  • Owner: enter the owner's name on the specific account.
  • Account Type: select the type of account to which benefit payments are electronically transferred. Choose from the following in the drop down box: Unknown, Checking, Savings, Money Market, Mutual Fund, IRA, or Employer Plan.
  • Group Number: this is for display purposes only and will only appear if there is a sponsor payee specified that has a group/account number.
  • Account Number: enter the account number where payments are sent.