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What is an e-Bill initiated payment?

e-bill initiated payment
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What is an e-Bill initiated payment?

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E-Bill initiated payments is an optional feature available for many Pay To accounts that can send e-Bills. An e-Bill initiated payment automatically pays e-Bills by either making the payment in time for the Pay To account to receive the payment by the due date or by sending the payment immediately when the e-Bill is received. When you set up an e-Bill initiated payment, you can select to automatically pay the e-Bill regardless of the amount due, or you can set a limit on the amount automatically paid. For credit cards, the minimum amount due is usually paid unless it is higher than the limit you set. If we can’t automatically pay a payment for any reason, we send you a message to your Online Banking Mail.

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