(A) Electronic funds transfers (EFT) including online transfers. The Clerk-Treasurer is authorized to use an electronic funds transfer of payment of claims/invoices.
(B) Definition of electronic funds transfer. Pursuant to I.C. 36-l-8-1l.5(a), ELECTRONIC FUNDS TRANSFER, for purposes of this section, means any transfer of funds, other than a transaction originated by check, draft or similar paper instrument, that is initiated through an electronic terminal, telephone, or computer or magnetic tape for the purpose of ordering, instructing, or authorizing a financial institution to debit or credit an account.
(C) The Clerk-Treasurer is required to maintain adequate documentation of the above-referenced transactions for future audits, as provided by law.
(Ord. 2021-005, passed 4-27-2022)