Justification for Change

Justification for Change.doc

Electronic Funds Transfer (EFT) Market Research Study

Justification for Change

OMB: 1510-0074

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Department of the Treasury

Financial Management Service (FMS)


Justification for Change

OMB No. 1510-0074


Electronic Funds Transfer (EFT) Market Research Study



The response to question 10, “assurance of confidentiality”, of the Part A, Supporting Statement, has been revised to include: “as required by law”, in FMS’ response. The complete response is as follows:


Respondents are told that responses will remain confidential as required by law, the research is for statistical purposes only; and that their responses will not be shared individually with anyone, but will be grouped with other respondents. KRC Research assures the respondents that they will receive no solicitation as a result of their participation in the survey. It is standard procedure for KRC Research to not release information on specific respondents to its clients or to any other party. Upon completion of their research, the FRB of St. Louis, Weber Shandwick and KRC Research provide FMS/Treasury with a data diskette, containing a string of responses for each respondent, but does not include the respondents' name, address, telephone number or other identifying information. Therefore, it will not be possible for FMS/Treasury or the FRB of St. Louis to attribute any particular responses to a given individual.


August 25, 2011

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