How many days does it take a payment to reach the payee?
It depends on the creditor. If the creditor accepts electronic payments, it will take from 3 to 5 working days. If the creditor does not accept electronic payments and must be mailed a check, it takes 5 to 10 working days. Since a payment can take 3 to 10 working days to reach the creditor, it is best to always schedule payments at least 10 working days prior to the due date.
