Temporary guidance for electronic payment setup & banking updates
Important Security Notice: The option to add and edit banking information within the online Supplier Portal has been disabled to protect against unauthorized access and fraud. All bank information must now be verified and processed through Minnesota Management and Budget (MMB).
To receive electronic payments via electronic direct deposit to a bank account, landowners must complete the below steps.
Step 1. Indicate interest & receive information from BWSR
If a landowner is interested in electronic payment, check the appropriate box on page 2 of the easement application's Agreement Information Form.
If the landowner is eligible for electronic RIM payments, BWSR will provide initial information to landowners so they may begin electronic payment setup.
- why choose e-payments?
Electronic payments are a fast, convenient, and safe alternative to paper checks. Electronic payments arrive faster, even when they are not always at their primary residence.
- who is eligible?
A landowner is usually eligible for payment when there is one bank account associated with the easement or conservation practice payee. Payees are likely eligible if they are a single person or entity, or a couple with a joint bank account. Ineligible payees include those with co-payees such as lenders or 1031 exchange entities, as well as those with more complicated ownership situations such as a group of siblings who wish to be co-payees.
Step 2. Contact Electronic Funds Transfer (EFT) Helpline
This is a required step to obtain the paper authorization form in Step 3.
Reach out directly to MMB at the EFT Helpline at the below phone number or email address to request the correct banking form. Specific forms are required depending on your organization type (business vs. individual) and the requested action (add, edit, or remove banking). MMB must verify your identity before sending the appropriate document.
MMB EFT Helpline Contact Details:
- Phone: 651-201-8106
- Email: efthelpline.mmb@state.mn.us
Step 3. Complete & notarize paper authorization form
Previously available online portal is now disabled.
Carefully fill out the specific authorization form provided by MMB.
To be valid for processing, the form must be:
- Signed by an authorized representative.
- Stamped and signed by a Notary Public.
Step 4. Submit form for processing
Follow submission instructions on authorization form.
Return the completed, signed, and notarized document directly to MMB according to the specific delivery instructions provided with your form packet from MMB.