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What is the difference between the “payment date” and the “send date?

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What is the difference between the “payment date” and the “send date?

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The “payment date” is your payment due date excluding any grace period. This is the date when your payment is due to arrive to your payee. The “send date” or “process date” is the date we will debit your account and process the payment to be made to your payee. We calculate the send date based on the payment date you give us and the minimum required lead time for your payee.

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