Are funds debited from the consumer’s bill pay funding account at the same time that the payment is being sent to the payee?
As Metavante uses a Risk-Based bill payment processing model in CeB, the funds are debited from the consumer’s bill payment funding account from between one and two days following the transmission of the bill payment. There are NO balance verifications that occur prior to the bill payment being sent by Metavante on behalf of the consumer.
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