Returned to Cigna with errors: Cigna will contact you to obtain correct banking information.Not returned to Cigna: You will begin receiving EFT on your next payment cycle.Complete the electronic enrollment formĬigna then will send a "pre-note" transaction to your bank to verify all the banking information is correct.Select Enroll in Electronic Funds Transfer (EFT) Options.Number located on the first page of your online remittance report. "Reference Identification Field" (or TRN02) on your ERA.Ask your bank to provide the payment related information from field 3 of record 7 on the EFT report they send to you.Easily reconcile payments using a single remittance tracking number:.Payments included in that fund transfer.View a separate remittance report online for each deposit, which shows the:.Increase efficiency and improve cash flow.Access funds on the same day of the deposit.Eliminate paper check mail delivery and handling.What is an EFT?Įlectronic Funds Transfer (EFT), also called direct deposit, transfers claim fee-for-service and capitated payments directly into your bank account. Enrolling in both ERA and EFT can help expedite the delivery of your payments from Cigna, make it easier to reconcile patient accounts, and much more.
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