What is the cutoff time for entering payments?
The cutoff time for entering 1st Mortgage payments is 5 p.m. (CT). 1st Mortgage payments made after 5 p.m. (CT) will be processed the next Business Day. The cutoff time for making Auto or Consumer loan payments is 10 p.m. (CT). Auto or Consumer loan payments made after 10 p.m. (CT) will be processed the next Business Day. Business Days are Monday through Friday except federal holidays. Any payments made on weekends and holidays will be sent the next Business Day.
5 a.m., Eastern Time. The cutoff time is important only if attempting to schedule payments right at the minimum number of days recommended. For example, if a payment is due the following Friday, you would want to set the scheduled payment date as the previous Friday and that payment request must be submitted BEFORE 5 a.m. on the previous Friday in order to assure that he payment will be processed and arrive near or on the payment due date.
Bill payment requests made after 12:00 a.m. (EST) Monday through Saturday will be withdrawn from your account at 12:00 a.m. on the following business day. The 12:00 a.m. cut-off is done to ensure our third party processor receives and generates the payment to your Payee the same day. Our processor generates payments Monday through Friday, except Federal Reserve Holidays. 3. How long does it take for a check or electronic payment to arrive at the company? You should plan on the normal mailing time for any company or individual being sent a check. You will also want to take into account that the payment is being sent without the remittance slip provided to you with your bill. This may delay the application of your payment to your account. For companies receiving electronic payments, they will receive them in either one or two business days. 4. How can I determine if a company or individual has received my payment? Similar to paying a bill with your personal check, you cannot tell exactly
