
Bill
Payer is a no-cost, optional feature within Online Banking
that lets you pay your bills from any Internet
computer. Automatically set up one-time or recurring payments
for the creditors, dates and the amounts you want. Pay
any company or individual with a U.S. postal address.
Eliminate the tedious task of
writing and mailing checks each month, paying postage,
and possibly
forgetting to pay all your bills -- let SELCO do
it for you!
For
additional information, see our Bill
Payer Frequently Asked Questions.
- Schedule bill payments directly from your account
- Set up payments for recurring bills like mortgage,
rent, utilities, etc.
- Pay individuals such as your family members or relatives
- Control
which bills are paid, the amounts that are paid, and when
the money should be deducted from your account.
- Setting
up bills for recurring payment is quick and easy
| To
register for Bill Payer: simply
log in to Online Banking and click the "Pay
Bills" link. Setting up single or recurring
fixed payments is simple and easy. You will never
be billed and you can pay as many bills as you want
each month, with absolutely no charges. |
Bill-Payer
Requirements
-
Must be registered Online Banking user
- An active SELCO Community Credit Union checking or savings account. |
How
Bill Payments Are Made
Using Bill Payer
Payments made through Bill Payer are processed in two ways:
1.
Electronic Payments: Your
creditors receive your payment
and payment information (including your account number)
through
an electronic transaction.
2.
Mailed Check: These checks are sent
through standard mail to the payee address you have designated
through
Bill Payer.
Points
to Remember
- To
ensure that payments arrive on time, make them at least
2 business days before they are due (for electronic payments)
and 6 business days before they are due (for mail payments).
- Each
payment is assigned a confirmation number to retain for
your records.
- You
also have the option to change your default payment account
(the account the payment funds are taken out of ) for all
your payments or just for individual one-time payments -
you decide! You can choose to pay out of checking, savings
. . . any eligible account.
|