How do I know if a payee is being processed electronically or by Direct Check?
Generally, fewer lead days (the number of days between the Send On date and the Due date) indicate an item may be processed electronically rather than by paper check. Although the number of lead days listed is a good indication of the payment method, there is no guaranteed method for determining which payees are being processed electronically versus by Direct Check.
Related Questions
- Is there any advantage to having my computer data processed electronically, rather than providing it on paper for evidence purposes?
- What distributors will accept orders that are processed electronically through SwiftLink?
- How is an I-9 processed electronically if the employee does not have Web access?
