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What is a payee?

payee
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What is a payee?

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Payees are the businesses and individuals you pay through Bill Pay in Online Banking. You create a list of your own payees by using the Add a Payee feature. You can add payees such as utilities, department stores, credit cards and other businesses. You can also add individual payees such as your daycare provider, your doctor, or a relative.

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A payee is any company, service, or individual you make payments to. Payees can be anyone who bills you, such as your leasing company, or individuals, such as a Web designer.

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A payee is anyone to whom you would pay a bill or send a check. The most common payees include utility companies, your landlord, mortgage company, department stores, and credit card companies. Payees also can include individuals such as the person who mows the lawn, the local grocery store, and your favorite charitable organization.

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A payee is defined as any company or service you make payments to.

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A payee is any company, service, or individual you make payments to. Payees can be anyone who bills you, such as your phone company or credit card provider, or individuals, such as your accountant or newspaper carrier.

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