What is EFT and what is it used for?

<p>I'm kinda new to all these checking and saving account things and am just learning how to write a check XD</p>

<p>Is the EFT to transfer money from your checking account to your Berkeley account? Do you use it for paying Berkizzle for tuition and whatnot?</p>

<p>Please help, and thanks in advance!</p>

<p>EFT is the way berkeley transfers money TO your account… they do this if you have enough scholarships/financial aid/money that already covers your tuition/room/board,etc or if you overpaid. you pay tuition and such through e-bill which has a convenience fee of $0.50 or 1.00 or something.</p>

<p>bastards charging convenience fee. i hate it.</p>

<p>hmm yes. .50 cents =[</p>

<p>9 months x .5 cents = 4.5 That’s enough for me to get ONE DINNER!!!</p>

<p>It ****ed me off more when they said I had an e-bill unpaid, but it was $0.00, but they wanted me to pay the convenience fee lol</p>

<p>^
LOL dood… last month i paid 5 dollars + .50 convenience fee… *** = =</p>

<p>so do we need to sign up for this or is it optional??</p>

<p>

'</p>

<p>or one cheap hooker…</p>

<p>…just sayin’</p>

<p>It’s optional, but it’s easier to sign up for it because if they have to refund you any money, it goes straight through eft.</p>

<p>EFT is free, e-bill has the convenience fee.
EFT is optional but if you get financial aid, it makes your life a lot easier. If you don’t get financial aid, there really is no point unless you overpay.</p>

<p>EFT is for money FROM Cal TO you. e-bill is for money FROM you TO Cal.</p>