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Credit Line Drafts
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Credit Line Drafts
Credit line drafts are negotiable orders to make payments from a Northwest FCS loan. Functioning in a similar way to a check, credit line drafts are a convenient way for you to access your Northwest FCS loan funds. Drafts may be written by you to businesses or individuals for payment, or to commercial banks for deposit to your personal checking account. You can also give vendors your draft account number to initiate Electronic Funds Transfers (EFTs).
- Unlimited draft writing without requesting loan funds in advance.
- Loan funds not drawn until the draft is presented.
- Draft reporting and images available electronically, using online banking.
- No fees charged for this service.
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Holiday Schedule – Online transactions are not processed on holidays observed by Northwest FCS.