The lend transaction service fee increase for the Electronic Fund Transfer System (EFTS) is scheduled to take effect on February 1, 2008. We strongly encourage you to upload any completed transaction files prior to that date. All lend transactions uploaded after January 31, 2008 will be assessed at the new 5% fee.

Keep in mind that a 5% charge on a $9.00 transaction is only 45 cents, and a 5% charge on an $11.00 transaction is only 55 cents.

To find out more about EFTS, go to their website at https://efts.uchc.edu/efts/common/index.aspx.

This entry was posted on Monday, January 28th, 2008 at 10:19 am and is filed under DOCLINE. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.