When do future-dated and regular Bill Payments created on weekends and holidays get deducted from my account and processed?
Future-dated Bill Payments scheduled for processing on a particular date are deducted at approximately 9:00 p.m. (Central Standard Time), that night. But, if the date falls on a weekend or Bank holiday the payment will be processed on the last business day before that weekend or holiday and the deduction for that payment will occur on the preceding evening. For example, if a future dated payment is scheduled for a Monday Bank holiday then the payment will be sent on the preceding Friday and the deduction from your account will be taken Thursday evening. Therefore collected funds must be available in your account by Thursday evening for this payment to be processed. Bill Payments entered on a weekend or holidays are deducted from your account on the next business day and processed on the following business day.
