All Treasury Payments to Individuals via EFT or EBT

5. Issue all payments to individuals through EFT or EBT.

The Secretary of the Treasury should issue requirements to implement the
EFT portion of this recommendation by September 1994. For programs
involving direct benefits to individuals, EFT should be the presumed
method for paying new beneficiaries. Agencies should continue to
aggressively promote conversion to EFT for check recipients. Special
emphasis to convert promptly should be directed at federal pension and
veterans benefits. The Internal Revenue Service should expedite
implementation of electronic payments for tax refunds. As EBT becomes
more widely available, checks issued to unbanked individuals should be
phased out.