The Law: Under 31 U.S.C. sec. 3332 you are required to designate one or more financial institutions to receive electronic funds transfer of government payments. If you do not do this, you risk NOT BEING PAID until the designation is complete.
The Benefits to You: Electronic funds transfer will let you receive payments faster and more safely than by mail. It saves you having to deposit checks. And most importantly, you won’t risk not being paid!
Instructions from the Defense Finance and Accounting Services (Payer of services rendered to military members):
Two Ways to Register:
- Download and complete the form and FAX it to the number on the form
Electronic Funds Transfer Form | PDF file/14k 
OR
- Go to www.ccr.gov
and register in the Central Contractor Register
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