How do I know if a payee will receive payments electronically or via paper check?
When you conduct a Payee Search, electronic payees are indicated in the payee selection table by text that states the payee “Provides ePayments”. Also, an icon that indicates “3 Days” with additional text stating “Please allow at least 3 business days to ensure on-time payment” will appear when making a payment to the electronic payee. When a bill payment payee accepts only paper check payments (no electronic payments relationship exists with Metavante), the payee name will appear in the selection list without the “Provides ePayments” text, and an icon that indicates “5 Days” with additional text stating “Please allow at least 5 business days to ensure on-time payment” will appear when making a payment to the paper check payee.
