Electronic Funds Transfer For Your Contributions to St. Monica Church

How does it work?

Q. What is Electronic Funds Transfer?

A. Electronic Funds Transfer is an automatic transfer program that allows you to make contributions to St. Monica Church without writing checks.

Q. What are the advantages of Electronic Funds Transfer?

A. It saves you time! It simplifies your life! You also help St. Monica stabilize its budget and save money.

Q. How is my Electronic Funds Transfer automatically deducted from my account?

A. Once you authorize the transfer, your specific contribution is electronically transferred directly from your checking or savings account to St. Monica's account.

Q. When will my contribution be deducted from my account?

A. Your contribution will be deducted from your account on the dates you select, the 5th and/or the 20th of each month.

Q. If I don't write checks, how do I keep my checkbook balance straight?

A. Since your contribution is made at a pre-established time, you simply record it in your check register on the appropriate date.

Q. Without a cancelled check, how can I prove I made my contribution?

A. Your bank statement gives you an itemized list of electronic transfers. It is proof of contribution.

Q. How much does Electronic Funds Transfer cost?

A. It costs you nothing and saves you time.

Q. What if I change bank accounts?

A. Simply complete a new authorization form and attach a voided check or savings deposit slip from the new bank account and return the form to the church office.

Q. What if I want to change the amount of my contribution?

A. Simply complete a new authorization form and return the form to the church office.

Q. Is Electronic Funds Transfer safe?

A. Electronic Funds Transfer is safer than check contribution. It can't be lost, stolen, or destroyed in the mail, and it has an extremely high rate of accuracy.

Q. What if I try Electronic Funds Transfer and don't like it?

A. You can cancel your authorization for Electronic Funds Transfer at any time by notifying us in writing.

Q. How do I sign up for Electronic Funds Transfer?

A. Complete and sign the authorization form and return it to the church office along with a voided check or a savings deposit slip.

Q. What if I have other questions?

A. Call the development office at (310) 393-9287, x326.