What is the difference between a “processing date” and “due date” when scheduling a bill payment?
Alabama National BankC Bill Payment uses “processing date” to indicate the date you want the bill payment remittance process to start. You have to allow at least 3 business days for the payment to be received by the biller (merchant). RBC Bank Bill Payment uses “due date” to indicate the date you want the biller (merchant) to receive the payment. The due date is also the date funds will be debited from your funding account.
