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Like to save time, postage and write fewer checks? We can help!!!
Red River Rural Electric Association offers the option of having the electric bill paid by bank draft. No worry about payments being delayed or lost in the mail. No worry about payments when on vacation or out of town, the bank draft offers convenience and peace of mind.

The process is simple. A bank draft authorization form is completed, signed and returned to the office with a voided check copy. The voided check copy is needed to get the codes necessary to submit the draft for payment. The bank is notified with a test of the file verifying account numbers and routing codes prior to the first draft.

The bill is mailed to the member so they are aware of the amount to be deducted from the bank account on the selected date. The bank draft accounts have “Amt Due - Bank draft – Do Not Pay” printed in the remittance portion of the bill. The bank draft offers two dates for withdrawal the 10th and the 25th. The drafted amount appears on the member’s bank statement.

AUTOMATED CREDIT CARD PAYMENT
This plan works the same as the bank draft but the member signs a credit card authorization and provides us with credit card number and expiration date. This plan offers three dates for payment the 5th, 15th or 25th of each month.

For information:
Sherry Johnson
(580) 276-3364 or toll free (800) 749-3364

 
 
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©2004 Red River Valley Rural Electric Cooperative - REA - Your Touchstone Energy® Cooperative
P.O. Box 220 Marietta, OK   73448
(580) 276-3364 or 1-800-749-3364