Electronic Funds Transfer (EFT)

Published 04/18/2019, 03:49 PM
Last Update 07/18/2023, 04:13 PM

Best Buy requires suppliers to enroll in our EFT Program, which offers a quick, easy, and no cost way to receive payments electronically. Benefits include:

  • Ease in Payment Delivery – All payments will be deposited directly into your bank account.
    • No lost checks
    • No delays due to slow or lost mail
    • No trips to the bank
  • Immediate Payment Notification – As soon as a payment is initiated, an electronic notice is generated via email stating:
    • Expected payment date (float days apply)
    • Remittance details
    • A link to secure website to track payment
  • On-Demand, Downloadable Remittance Details
    • 24 hours a day, 7 days a week
    • A variety of formats easily integrated into your existing AR system with no limit to the amount of data or information you can receive. Formats include:
      • Email – with two “format” options; EDI or BBY Landscape
      • CTX – with “format” of EDI
      • Download from secure website- with two “format” options; EDI or BBY Landscape
      • Receive remittance details from your bank via a CCD, CCD+ or CTX file
  • Convera Business Solutions Client Service & Support
    • ePayment specialists are available to answer payment and remittance delivery questions daily from 7:30a.m. - 6:00p.m. CST.


  1. Email the Supplier Add/Change Team at Best Buy to enroll in EFT.
  2. Complete enrollment form with all requested information and proceed through the prompts to submit form for approval.
  3. Once approval is received, payments will be processed through the ePayment Solutions Program within two weeks


Visit Convera's Payee Website to login.