The program is processed through the Federal Reserve System so your location is not a concern. Simply contact Hood College and request a new authorization form. This is a very common occurrence and is handled in one easy call to Hood College. Simply request a new authorization card and return that card with the updated information. This will ensure that your gift continues without interruption.
Electronic funds transfer, like any banking transaction, is regulated by federal agencies.
You designate the amount and frequency of the transactions. A. Again, a new authorization card can be filled out at any time with the payment structure you wish to designate. Your gift payment is itemized on your checking account, MasterCard, or VISA statement each month. This can be quickly accomplished by requesting a new authorization form from Hood College and submitting the newly authorized amount in writing. No, your bank automatically sends your gift directly to Hood College.