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New Electronic Funds Transfer (EFT) Authorization Agreement (CMS-588) (GEN)
Posted September 27, 2006
The Centers for Medicare & Medicaid Services (CMS) has issued revisions to the CMS-588 Electronic Funds Transfer (EFT) Authorization Agreement. The revisions include a section for a contact person, telephone number, fax number, email address, and mailing address for EFT verification.
Contractors shall continue to accept either the 9/2003 or the 9/2006 version of the EFT Agreement through November 30, 2006.
Effective December 1, 2006, contractors shall only accept the 9/2006 version of the EFT Authorization Agreement. If the 9/2003 version is submitted, it will not be accepted.
The new EFT Authorization Agreement can be downloaded from the CMS Web site at www.cms.hhs.gov/cmsforms/downloads/cms588.pdf. |
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