These procedures are for one time wire transfers or for future recurring transfers (ACH). These transactions are called Electronic Funds Transfers (EFT) and require a Journal Voucher (JV) signed by an authorized person.
If an authorization is not already on file with the Office of the State Treasurer (OST), you will need to prepare an OST authorized signature list of those employees in your agency authorized to request EFTs. The list of current signers should be included on your agency’s letterhead and authorized by an agency manager who has expenditure authority. This list should be updated when there are changes in staff. If you need an EFTJV form, click here.
Next you will need to prepare the EFT JV with all the specific information about the bank and bank account the money is being transferred to.
Information should include:
- Bank name
- ABA or routing number
- Name of account owner
- Account number
- Effective settlement date
You may also include any text such as a reference number or name. The JV should be signed by a person authorized.
FAX to 360-704-5155 at least 24 hours before the effective settlement date. Our deadline for next-day processing is 12:00 PM. Please notify OST by email that you have FAXED an EFT JV to:EFTJV@tre.wa.gov.
We will confirm receipt by replying to your email.
Primary contact person is Cindy Doughty at 360-902-8908. If you cannot reach Cindy, press 0 and you will be transferred to another Cash Management team member.