Setting Up Automatic Bill Pay

Automatic Bill Payment Setup

Never miss a payment with automated bill pay.

Benefits of Auto Pay

• Never miss due dates
• Avoid late fees
• Maintain good credit score
• Save time each month
• Can be cancelled anytime

Setting Up a Payee

1. Log in to online banking
2. Go to Bill Pay → Add Payee
3. Search for company name
4. Or enter payee manually
5. Provide account number
6. Enter payee address
7. Save the payee

Configuring Auto Pay

1. Select your payee
2. Click "Set Up Auto Pay"
3. Choose payment account
4. Select payment type:
   • Fixed Amount: Same amount each time
   • Full Balance: Pay statement balance
   • Minimum Due: Minimum payment only
5. Set frequency (monthly, quarterly, etc.)
6. Choose send date (days before due date)
7. Review and confirm

Payment Types Explained

Fixed Amount:

• Best for: Rent, loans with fixed payments
• Same amount every time
• You specify the amount

Full Balance:

• Best for: Credit cards, utilities
• Pays entire statement balance
• Avoids interest charges

Minimum Due:

• Best for: Managing cash flow
• Only recommended temporarily
• Accrues interest on remaining balance

Timing Your Payments

When payments are sent:

• Electronic payments: 1 business day to receive
• Check payments: 5-7 business days
• Schedule 3-5 days before due date
• Earlier for paper checks

Managing Auto Payments

View and edit your auto payments:

1. Go to Bill Pay → Auto Pay
2. View all scheduled payments
3. Edit payment details
4. Pause or cancel anytime
5. Set up email notifications

Payment Notifications

Receive alerts about:

• Payment scheduled confirmation
• Payment processed notification
• Payment delivered confirmation
• Failed payment alerts

Important Reminders

• Ensure sufficient funds before payment date
• Review statements for accuracy
• Update payment amounts if bills change
• Keep payee information current
• Monitor email for alerts

Stopping Auto Pay

To cancel automatic payments:

1. Go to Bill Pay → Auto Pay
2. Select the payee
3. Click "Stop Auto Pay"
4. Confirm cancellation
5. Make manual payment if needed