Pointers for Completing SF 3881 Form



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Pointers for Completing SF 3881 Form To answer some of questions that vendors and agencies have raised when completing the vendor enrollment form and prevent some of the mistakes that have occurred, the FMS is presenting these additional pointers. 1. The Federal agency initiates the SF 3881 form to enroll its vendors to receive payment by electronic funds transfer. 2. A vendor must complete a separate enrollment form (SF 3881) for each agency with which it does business. 3. In the Agency Information Section, the term AGENCY IDENTIFIER means the acronym by which the agency is known. For example, the AGENCY IDENTIFIER for the Financial Management Service is FMS. 4. In the Payee/Company Information Section, it should be noted that the TAXPAYER ID NO. may be used by the Government to collect and report on any delinquent amounts arising out of the offerer s relationship with the Government (31 U.S.C. 7701 (c) (3)). 5. The financial institution and the vendor should each keep a copy of the completed form. 6. The vendor should return the completed SF 3881 to the agency that initiated the form.

CONTACT PERSON CONTACT PERSON ACH COORDINATOR AGENCY COPY

CONTACT PERSON CONTACT PERSON ACH COORDINATOR PAYEE/ COMPANY COPY

CONTACT PERSON CONTACT PERSON ACH COORDINATOR FINANCIAL INSTITUTION COPY

Instructions for CompletingSF 3881 Form 1. 2. 3. Agency information Section - Federal agency prints or types the name and address of the Federal program agency originating the vendor/miscellaneous payment, agency identifier, agency location code, contact person name and telephone number of the agency. Also, the appropriate box for ACH format is checked. Payee/Company Information Section - Payee prints or types the name of the payee/company andaddress that will receive ACHvendor/miscellaneous payments, social security or taxpayer ID number, and contact person name and telephone number of the payee/company. Payee also verifies depositor account number, account title, and type of account entered by your financial institution in the Financial Institution Information Section. Financial Institution Information Section - Financial institution prints or types the name and address of the payee/company's financial institution who will receive the ACH payment, ACH coordinator nameand telephone number, nine-digit routing transit number, depositor (payee/company) account title and account number. Also, the box for type of account is checked, and the signature, title, and telephone number of the appropriate financial institution official are included. BurdenEstimate Statement The estimated average burden associated with this collection of information is 15 minutes per respondent or recordkeeper, depending on individual circumstances. Comments concerning the accuracy of this burden estimate and suggestions for reducing this burden should be directed to the Financial Management Service, Facilities Management Division, Property and Supply Branch, Room B-101, 3700 East-West Highway, Hyattsville, MD 20782 and the Office of Management and Budget, Paperwork Reduction Project (1510-0056), Washington, DC 20503.