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#1217308 - 07/15/09 01:21 PM Bill Payment Service
a time to remember Offline
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Joined: Jun 2006
Posts: 21
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Our bank is in the process of implementing internet banking. If you schedule a payment to be initiated on a non-business day (Saturday, Sunday or holiday), can the bank in their disclosure require to have the funds in the account the previous business day (e.g. Friday)? Thank you for the input.

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eBanking / Technology
#1217933 - 07/16/09 01:18 PM Re: Bill Payment Service a time to remember
HappyGilmore Offline
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Joined: Jun 2004
Posts: 19,844
Pulling people out of the ditc...
you can place anything in your disclosure that you choose, based on how the bill payment system will work. Although most bill pay systems I've seen choose to move the payment to the follwoing business day, not the previous if the scheduled date is a weekend
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