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How many days does it take for a payment to reach the payee?

April 26, 2017days payee payment REACH

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How many days does it take for a payment to reach the payee?

3 Answers

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Since payment processing can take up to four toseven working days, the safest thing is to always schedule your payments at least ten working days ahead of the date they are due. The time allowance is shorter if the payment is electronic.

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Because payments to some payees can take up to 10 business days, you should always schedule your payments at least 10 days before your bills are due.

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Payments by Check: Payments by check may take at least 5 business days to reach the payee. Electronic Payments: Electronic payments usually take 3 business days.