What does it mean if a Payee is listed in the status column as “pending” on the Payees screen?
After you have added a new payee, the payee may appear as “pending” for several days until the information you provided, such as address and account number, can be verified. Often the new Payee is identified and verified within seconds or minutes. In other cases, this process may take up to 3 business days. You will only see the “pending” status in the Payee list when the verification of a newly added Payee is in progress. Verifying the Payee information is critical to the Payment Guarantee.
