A fiduciary agent, usually a bank or county treasurer, who performs the function of paying debt principal and interest when due.
Also known as the Paying Agent, the bank, designated by the issuer, to pay interest and principal to the bondholder.
The Medicaid fiscal agent (EDS) is under contract with the Department of Health and Family Services (DHFS) to certify providers, process and pay claims, answer provider and recipient questions, issue identification cards to recipients, publish information for providers and recipients, and maintain the Wisconsin Medicaid Web site.