A. The most convenient, efficient and cost effective way to make a contribution is through automatic bank withdrawal. With this payment option, you are authorizing CFCA to withdraw your monthly sponsorship payment directly from your checking account.
Contributions for sponsorship made through automatic bank withdrawal significantly reduce CFCAís processing costs, which free up more of your dollars for our work in support of sponsored children and aging.
Bank fees, printing and postage costs continue to increase and currently average 78 cents for each payment made by check. Our average cost for a credit card transaction is 85 cents. In contrast, the cost for an automatic bank withdrawal is less than 5 cents.*
CFCA’s automatic bank withdrawal is both safe and secure. Your payment may be scheduled for the 5th or 20th of the month and can be canceled at any time with a simple phone call or letter to CFCA.
Thank you for your continued support of your friend through CFCA.
*These amounts are current as of Dec. 31, 2008 and are subject to periodic change.