Tuesday, January 09, 2007

Electronic Funds Transfers

(Jackson, TN) Regular donors to IOI now have the opportunity to give on a regular basis through EFTs (Electronic Funds Transfers). This new way of giving reduces paperwork, postage costs and occational ommissions due to a busy life.

Donors simply request a copy of the form (sample below, which you may print from the internet) to be issued by fax or post, fill out the information, sign the form, attach a void check and mail the information to IOI. Within six weeks regular monthly withdrawls are transfered directly from the donor's savings or checking account into IOI's account. When circumstances make it necissary to cancel the service the donor simply gives notice to IOI and the transfer stop within six weeks.

Donors have the opportunity to specify on the forms the designation of their gifts, the amount to be given and the frequency of the withdrawals.


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