Electric Programs >> Customer Initiated Payments

MAKING PAYMENTS ON LOANS

Customer-Initiated-Payments-Online-System

Utilities Programs Borrowers have a new online system to use for making Customer Initiated Payments (CIP) as of October 2007.

Borrowers that used the old CIP system through Mellon Bank should go to https://rdupcip.sc.egov.usda.gov and login using a Level 2 USDA eAuthentication ID.

Borrowers that did not use the old CIP system should complete Form RD 1951-65 and fax it to the Cash Management Branch at (314) 457-4370 to sign-up for the new online CIP system.

The majority of Utilities Programs Borrowers have at least one staff member who has a Level 2 USDA eAuthentication ID. This is the same ID that Borrowers use to access the Data Collection System or the Broadband Collection and Analysis System to file operating reports. To create additional Level 2 USDA eAuthentication IDs for other employees of your organization visit http://www.eauth.egov.usda.gov. Once a Level 2 ID has been created for an employee, that person will need to be identity-proofed by a USDA employee serving as a Local Registration Authority. To find the nearest USDA office where this identity-proofing can be performed go to http://offices.usda.gov.

Click on the CIP Brochure for more information about the new online system.

Fedwire and ACH Payments

Utilities Programs Borrowers that have not enrolled in the online CIP system can make loan payments via Fedwire or Automated Clearing House (ACH) Credit.

ACH Payments: Borrowers making ACH payments should be certain to follow the appropriate payment format after checking with their banks. To make an ACH payment using the Cash Concentration or Disbursement (CCD) Format follow the ACH (CCD) Format. To make an ACH payment using the Corporate Trade Exchange (CTX) follow the ACH (CTX) Format

Fedwire Payments: Borrowers making Fedwire payments should complete the FedWire Worksheet following the FedWire Instructions. On the FedWire Worksheet, section (6), borrowers should make sure that their Borrower Reference No. and Borrower Name are in ORG (5000) Fields 2 & 3.

Updated 10/6/2008