Vendor Management, Payments, and Collections (VMPC) FAQ
Guidance for FAQ regarding Payment Processing and Payment Adjustments/Payments
Program Area: Vendor Management, Payments, and Collections (VMPC)
Question: How will the Department of Treasury send ACH Automated Clearing House (ACH) payments to issuers?
Answer: The Centers for Medicare & Medicaid Services (CMS) provides Treasury with payment information. Treasury then processes the Electronic File Transfer (EFT) and sends ACH payments directly to the issuer's bank account.
Issued by: Centers for Medicare & Medicaid Services (CMS)
Issue Date: November 18, 2013
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