AutomaticPayment
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AutomaticPayment

Uses the Component:AutomaticPaymentType

The AutomaticPayment component represents electronic funds transfers (EFT) or payroll deductions. This component would be used if the applicant elects not to pay manually.

Fields and Components

Table 6.101. Fields and Components

Name Description Occurrence Type Data Type User Notes
PayrollDeduction

This component reflects payroll deduction information for applicants that are employees of the OEM, finance source, etc. that have elected to have payments automatically deducted from their payroll.

0..1ComponentPayrollDeductionType 
EFT

The EFT component represents the applicant’s electronic funds transfer (EFT) information allowing the applicant to make payments on an automated basis.

0..1ComponentEFTType 

Sample XML

The XML Sample provided here is an approximation of the generated XML for this component. Not all of the fields are required for implementation.

Example 6.101. AutomaticPayment

<AutomaticPayment>
     <PayrollDeduction>......</PayrollDeduction>     [0..1]
     <EFT>......</EFT>     [0..1]
</AutomaticPayment>

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