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What are Payee Nicknames and how do they work?

April 26, 2017nicknames payee

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What are Payee Nicknames and how do they work?

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Payee Nicknames help you differentiate between two payees with the same name but have different account numbers (example: you have two credit card bills from the same company). Payees are listed alphabetically by Payee Nickname, but the Payee Name is used when the actual payment is sent.