The Treasury Department makes electronic funds transfers (EFT) on the first business day of a month to your institution’s bank account to directly deposit incentive payments that are payable to your institution. The EFT payment will carry an identifier of "SSATREAS" along with your institution’s facility number to identify the EFT as a Social Security Administration incentive payment. This special identifier on the EFT will alert your bank that the deposit to your institution’s bank account represents a Social Security Administration incentive payment. In addition, at the time Social Security issues the incentive payments to Treasury for EFT transfers, Social Security also releases a letter to your institution to notify you about the amount of the direct deposit to your institution’s bank and accompanying information about why you were paid an incentive payment.