US EFT in Another Country
The Automatic Clearing House (ACH) system used in the United States for direct deposits only works for U.S. domicile bank accounts. The U.S. ACH system for Electronic Fund Transfers (EFT) extends only to the U.S. borders. This means that even if someone opens an account with U.S. dollars in a bank in Canada, he or she still can not receive a deposit from USANA. To receive USD direct deposits, Associates must have an account located in the U.S.
The United States and the rest of the world are linked to a global payment system, more commonly known as a wire payment. This network is different than the ACH network used in the U.S. And is much more expensive.
If we can deposit an Associate’s funds into a local bank account here in the U.S., and if they have access to the account in another country, then they would have access to the funds deposited by USANA. If they have to set up a U.S. account in that country, however, then no, the deposit would not work.
Last modified: June 17, 2022
