When using the Bill Payment option how is the transaction completed?
Once the biller is added and the payment is requested, if the biller is in the bill Pay system an ACH transaction may occur. If not, the Bill Pay system will draft a check and will tell you the soonest day that the check will be sent. If the payment is ACH, it will come out of the account the day requested. If a paper check is drafted, the money will not come out of the account until the check is cashed by the payee.
Equal Housing Lender