The Electronic Funds Transfer (EFT) draft is a payment method whereby the bank automatically, at your instructions, sends monthly dues and any other charges you specify on your Membership Agreement, from your checking, savings, or credit card account directly to the clubs' banking account.
The EFT draft system is very convenient for you as a member. You do not have to write a check every month to pay your club dues. There are no finance charges or service charges for processing a successful EFT payment. As funds do not have to be manually handled, the EFT draft process helps keep the club's operating expenses down. This allows memberships fees to be as cost effective as possible.