Versions Compared

Version Old Version 4 New Version 5
Changes made by

John Hewitt

John Hewitt

Saved on

Key

  • This line was added.
  • This line was removed.
  • Formatting was changed.

Create Bill Pay transactions (pay a bill)

Once you've activated Bank Bill Pay or Quicken Bill Pay, you can start paying your bills right from your Quicken register. For this, you need to add Bill Pay transactions in your checking account.

Adding online Bill Pay transactions

There are two ways to add these transactions in your checking register:

...

Expand
titleUnderstanding the processing time/lead time

Processing time is the time required by your financial institution to process your request and transfer the amount to the payee. This time varies depending on the payee and the financial institution:

  • If your financial institution recognizes the payee, the payment may be transfered electronically. In this case, the processing time is usually 2-3 business days.
  • If your financial institution does not recognize the payee, then the payment is made by a paper check. In this case, the processing time may be 5-7 business days.

Note: Contact your financial institution for questions about processing time.


Related topics