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Efs card functions

Discussion in 'Ask An Owner Operator' started by Nahbrown, May 30, 2024.

  1. May 30, 2024 #1
    Nahbrown

    Nahbrown Medium Load Member

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    Sep 6, 2021
    Illinois (the sane part)
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    The company we leased onto sends our settlement money to our LLC’s EFS account. We are usually paid within two hours of submitting the trip paperwork and the money sits there until I manually transfer funds to our bank.


    Can I have EFS automatically send all but a percentage or a fixed amount to my bank automatically?

    can I get text notifications from EFS when money is deposited?





    Thanks
     
    Nahbrown, May 30, 2024
    Nahbrown, May 30, 2024
    #1
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  3. May 30, 2024 #2
    nikmirbre

    nikmirbre Road Train Member

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    Jul 27, 2011
    High Point NC
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    EFS card can be set up to do quite a bit...it depends on how your company has it set up. I dont think you can automatically have a fixed amount or percentage sent to your bank automatically but, you'd have to figure the numbers out each time your paid and manually do it. When a broker paid me on my EFS card, I get text notifications. Again, its all depending on how the company your leased to has the card set up.
     
    Last edited: May 30, 2024
    nikmirbre, May 30, 2024
    nikmirbre, May 30, 2024
    #2
    Nahbrown Thanks this.
  4. May 31, 2024 #3
    snowwy

    snowwy Road Train Member

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    Is there a fee associated with transfers?
     
    snowwy, May 31, 2024
    snowwy, May 31, 2024
    #3
  5. Jun 2, 2024 #4
    gentleroger

    gentleroger Road Train Member

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    Jun 1, 2010
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    It's efs, so I would assume so, but it does vary account by account.
     
    gentleroger, Jun 2, 2024
    gentleroger, Jun 2, 2024
    #4
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