How does Bill Pay & Presentment work?
Payments are sent to your designated payees on the day you select (Process Date). Payments are sent either electronically or by paper check, depending upon the payee’s ability to accept electronic payments. Electronic payments take up to three business days to reach your payee while paper checks may take up to five business days.
Payments are sent to your designated payees on the day you select (Process Date). Payments are sent either electronically or by paper check, depending upon the payee’s ability to accept electronic payments. Electronic payments take up to three business days to reach your payee while paper checks may take up to 10 days. Payments will be electronically deducted from your NJM Bank account on or after the Process Date, never before. For your convenience, you have the option of setting up payments as one-time only or recurring. To help you understand the process, we have provided a diagram.
