The Direct Electronic Funds Transfer progam (DEFT) creates a file for submission to the bank over the phone line. This file of member institution, account, amount and cross reference data  will cause the withdrawal of funds from the members' accounts and deposit them into your account. Withdrawal can be start or middle of month, date ranges for this action to occur can be pre-set, and the file can be created up to 10 days before the withdrawal is to occur. We are performing this action with a number of banks and others can be added quite easily.

Some of the financial institutions have their own communications program. For these situations, the DEFT program creates a file suitable for import into their program. It eliminates the editing within their submission program as a new list, of everyone and their charges, is produced each billing period from  ClubTrak. Import and send ... that's it! The submissions are archived and the amounts can be recorded against each member's transaction history log; along with the payment, once the funds transfer acknowledgement is received. 

 ClubTrak can print a statement on any member showing these billed and transferred amounts. It can also permit the charging of an NSF fee and then rebilling.

Marketing: rpeterman@sportsbeatsystems.com