Enroll in the Vendor Payment Direct Deposit Program
Local Law 43 of 2007 requires any vendor providing the City with services valued at more than $25,000 to enroll in the Vendor Payment Direct Deposit program. We encourage all vendors that do business with the City to enroll in the Direct Deposit program.
Avoid a $3.50 fee per check
Vendors who do not sign up for Direct Deposit are subject to a $3.50 fee per check, a cost that can quickly add up.
Benefits of Direct Deposit (“EFT”) Payments
- Electronic payment is safer and more secure - Paper checks can be lost in the mail, stolen, or delivered to the wrong address.
- Receive payments faster - EFT payments are deposited directly into your bank account. You don’t wait for the check to arrive by mail or for the check to clear after it has been deposited.
- Electronic payment records are available online - Use the City's Payee Information Portal (PIP) for current vendor payment records.
To Enroll in PIP
Are you currently enrolled in the Payee Information Portal (PIP)? You must enroll in PIP to monitor and track your payments from the City of New York, and to apply for electronic funds transfer (EFT). Please see the Activation Quick Start Guide to get started.
If you are enrolled in PIP but have an issue with your password, please contact the PIP Helpdesk at email@example.com and leave a telephone number where you can be reached.
You can also use PIP to inquire about EFT payments. Please refer to the How to Search Your Payments in PIP guide for more information. You can also contact the agency that processes your invoices.
To Enroll in EFT
If you are a vendor and wish to receive all City of New York payments in a single bank account, you can enroll for electronic funds transfer/direct deposit using the Payee Information Portal (PIP). Please review the EFT/Direct Deposit Quick Start Guide for more information. If you need additional assistance enrolling in EFT or modifying your existing bank account information, contact the PIP Helpdesk at PIP@fisa-opa.nyc.gov. Please leave a contact number.
Please Read Before Contacting Us
- If you are a vendor currently receiving EFT payments from the City of New York and you are re-applying for EFT with a new bank account, please do not close your old bank account until you are notified that your EFT application has been processed and the new bank account is eligible for electronic funds transfer.
- If your inquiry concerns a payment, please contact the agency that processes your invoices, not the Department of Finance. Review the list of agency contacts.
- If you previously applied for EFT and were notified that your prenote was rejected, please confirm that your bank account and routing numbers are correct as indicated on your application and that the routing number is specified for ACH (electronic transfer) deposits before resubmitting your application through PIP. Also confirm that your account type, checking or savings, is specified correctly.
If you know that you have a debit block on your account, before you apply for EFT, please Contact Us so that we can ensure a successful application. Otherwise your account will fail the prenote process and delay your application.
If you still require assistance, please Contact Us.