What if I do not have sufficient funds on the day Metavante, our bill payment providers, debits my account?
A block will automatically be placed on all accounts that have an ACH debit returned to bill payment services. No additional bill payments will be processed until the account is properly funded and the return(s) cleared. If a payment request is received while the account is blocked, a letter will be sent notifying you that the payment(s) will not be processed. A copy will also be sent to the Financial Institution. Upon the first return, Metavante will automatically re-send all ACH returns under $100.00. Exception: debits for payments in which the credit portion was sent electronically will be resent regardless of the dollar amount without financial institution verification. Metavante will contact the financial institution to verify all returns exceeding $100.00. If funds are available, they will re-send the return(s). If funds are unavailable and if the payment was made by check, a stop payment will be placed.
Related Questions
- What happens if I do not have sufficient funds on the day that Metavante Online Bill Payment Service debits my account?
- What if I do not have sufficient funds on the day Metavante (our bill payment processor) debits my account?
- What if I do not have sufficient funds on the day Metavante, our bill payment providers, debits my account?
