Electronic Payment (sometimes called Electronic Checks) is a way to pay a business or organization with an electronic transfer from your account. This is most often setup for reoccuring bills such as your phone or electric bill. To get started, you authorize a billing company in writing or online to debit regularly scheduled payments from your account, and provide your account information. (See instructions below.)
View a demo on how Electronic Payment works at www.electronicpayments.org.
An alternative to Electronic Payment is Online Bill Pay which gives you more control over payment dates and frequency of payments.
To setup automatic payments from your Elevations account to your Elevations loan or credit card, login to Link24 Online Banking from our homepage and click on the Transfers tab.
Electronic Payment Instructions:
A = your 2-digit account suffix. Your suffix can be found on your statements or in Link24 Online Banking. Most checking accounts have a suffix of 08. Most membership savings accounts have a suffix of 00.
B = your 6-digit Elevations account number. If your account number is less than 6 digits, preceed it with zeros (0) until it becomes a 6 digit number.