UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D. C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

February 11, 2014
Date of Report (Date of earliest event reported)

CITADEL EFT, INC.

(Exact name of registrant as specified in its charter)



	Wyoming	333-164882	80-0473573
(State or other jurisdiction of incorporation)		(Commission File Number)	(IRS Employer Identification No.)



825 College Blvd., Suite 102. Oceanside, California		92057
(Address of principal executive offices)		(Zip Code)

(714) 423-0701

Registrant’s telephone number, including area code

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:




[ ]	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ]	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ]	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ]	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

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SECTION 8 – OTHER EVENTS

ITEM 8.01 Other Events.

On February 11, 2014, Citadel EFT, Inc., (the "Company") received proof of funds from escrow agent The Law Offices of David F. Michail showing a deposit into escrow of $1,000,000. These funds were posted to provide a "Standby Letter of Credit" (SBLC) provider with proof of available funds.

A $200,000,000.00 (Two Hundred Million USD) SBLC will be issued, upon the satisfaction of the necessary documentation, by a bank, transferred and monetized by an active 3^rd party credit facility located here in the United States with a US Bank The Company’s earlier announcement relating to such SBLC included conditions that had not been met in full.

Written proof of the deposited funds is attached hereto as Exhibit 10.1.

SECTION 9 – FINANCIAL STATEMENTS AND EXHIBITS

Item 9.01 Financial Statements and Exhibits

(a) Financial Statements of Business Acquired.

Not applicable.

(b) Pro forma Financial Information.

Not applicable.

(c) Shell Company Transaction.

Not applicable.

(d) Exhibits.


Exhibit No.	Description
10.1	Written Proof of Funds from The Law Offices of David F. Michail
99.1	Press Release published on February 11, 2014

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.



	CITADEL EFT, INC.
DATE: February 12, 2014	/s/ Gary DeRoss Name: Gary DeRoos Title: President/Chief Executive Officer

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Citadel EFT, Inc. 8-K