The technical name is BULK ELECTRONIC CLEARING SYSTEM
but we just call it BECS.
You will call it convenience!
Rather than depositing an employees wages pay into their credit union account, some employers have insisted they be paid through the company's existing arrangements with its bank or financial institution.
Thanks to BECS it is now easy for your employer to deposit all, or part of your pay directly into your Elcom Credit Union Account. It involves no cost or inconvenience to your employer, with BECS it is your choice how you are paid.
You say which account receives your money
No double account handling.
Access to your pay on the usual pay day.
You enjoy all the benefits of an Elcom Credit Union account.
There are no costs to your employer.
If you change jobs, you can maintain your Elcom Credit Union account.