Go Back   CDN Business Directory > Main Category > Microsoft Money

 
 
Thread Tools Display Modes
  #3  
Old 11-25-2004, 12:18 AM
johnbusc@hotmail.com
Guest
 
Posts: n/a
Default Re: Electronic Payment - Scheduling Problem

Brox,

When you use MSN Bill Pay the money comes out when the check clears
your bank. In all other cases it will depend on your FI's bill pay
policy. I don't use Fifth Third, but I would suspect they, like many
others, take the money out of your account on the day you specify.

Regards,
JB

Brox wrote:
- quote -

> My problem is more with the scheduled bills and deposits screen - it
is
> telling me that an "electronic payment must be sent within x days".

That
> statement is misleading - with MSN Bill Pay, it was accurate in

telling me
> that I had x days to send off a payment in order for it to be

received by the
> due date. With Fifth Third, that x days IS the due date of the bill,

which
> does not give any lead time to actually get the payment to them! I

hope I'm
> being clear here....anyways, I can simply follow your advice and move

back a
> week, but I wish the scheduled bills and deposits screen would have

the
> correct lead time for electronic payments.
> Maybe my only solution is to actually bump back the due dates on

bills back
> a week - but that just isn't the way I had to do it with MSN Bill

Pay. Ack!
> -Tod


  #2  
Old 11-25-2004, 12:17 AM
johnbusc@hotmail.com
Guest
 
Posts: n/a
Default Re: Electronic Payment - Scheduling Problem

Brox,

When you use MSN Bill Pay the money comes out when the check clears
your bank. In all other cases it will depend on your FI's bill pay
policy. I don't use Fifth Third, but I would suspect they, like many
others, take the money out of your account on the day you specify.

Regards,
JB

Brox wrote:
- quote -

> My problem is more with the scheduled bills and deposits screen - it
is
> telling me that an "electronic payment must be sent within x days".

That
> statement is misleading - with MSN Bill Pay, it was accurate in

telling me
> that I had x days to send off a payment in order for it to be

received by the
> due date. With Fifth Third, that x days IS the due date of the bill,

which
> does not give any lead time to actually get the payment to them! I

hope I'm
> being clear here....anyways, I can simply follow your advice and move

back a
> week, but I wish the scheduled bills and deposits screen would have

the
> correct lead time for electronic payments.
> Maybe my only solution is to actually bump back the due dates on

bills back
> a week - but that just isn't the way I had to do it with MSN Bill

Pay. Ack!
> -Tod


  #1  
Old 11-24-2004, 03:07 PM
Brox
Guest
 
Posts: n/a
Default RE: Electronic Payment - Scheduling Problem

My problem is more with the scheduled bills and deposits screen - it is
telling me that an "electronic payment must be sent within x days". That
statement is misleading - with MSN Bill Pay, it was accurate in telling me
that I had x days to send off a payment in order for it to be received by the
due date. With Fifth Third, that x days IS the due date of the bill, which
does not give any lead time to actually get the payment to them! I hope I'm
being clear here....anyways, I can simply follow your advice and move back a
week, but I wish the scheduled bills and deposits screen would have the
correct lead time for electronic payments.

Maybe my only solution is to actually bump back the due dates on bills back
a week - but that just isn't the way I had to do it with MSN Bill Pay. Ack!

-Tod
 
Old 11-24-2004, 02:01 AM
Keefer
Guest
 
Posts: n/a
Default RE: Electronic Payment - Scheduling Problem

Hopefully, I understand your comment. I also use 5/3 for bill pay and I
simply schedule the payment with the bank to be made a week before the due
date. I haven't had any problems with the payments not getting to the payee
by the due date.

"Brox" wrote:

- quote -

> Ok - I've searched and searched for this answer - no avail.
> I used MS Bill Pay service for months and it would schedule my payments with
> a due date that would ensure payment was RECEIVED on the date I declared.
> I dropped MS Bill Pay when I switched to Fifth Third (www.53.com) bank -
> they support direct downloads of statements, and free bill pay.
> Now when I schedule a payment, the date has now become the day that my bank
> will process the payment and get it sent to the party - which could be
> received up to 5+ days later! Ack! Is there somewhere where I can modify
> this date lead time, to ensure payment is received on time?
> Thank for the info!

  #-1  
Old 11-24-2004, 12:25 AM
Brox
Guest
 
Posts: n/a
Default Electronic Payment - Scheduling Problem

Ok - I've searched and searched for this answer - no avail.

I used MS Bill Pay service for months and it would schedule my payments with
a due date that would ensure payment was RECEIVED on the date I declared.

I dropped MS Bill Pay when I switched to Fifth Third (www.53.com) bank -
they support direct downloads of statements, and free bill pay.

Now when I schedule a payment, the date has now become the day that my bank
will process the payment and get it sent to the party - which could be
received up to 5+ days later! Ack! Is there somewhere where I can modify
this date lead time, to ensure payment is received on time?

Thank for the info!

 

Tags
electronic, payment, problem, scheduling
Similar Threads
Thread Forum Replies Last Post
Scheduling Bond Interest Payment and Cash Dividends from Stocks
Steve: How does one schedule bond interest payments and cash dividends from stocks? You can schedule investment purchases, but not other investment...
Microsoft Money 2 04-14-2004 12:15 PM
Money expense scheduling problem
Tom: I'm using money 2003 standard at home, and I am unable to schedule a reocurring bill every three weeks. They have a multitude of choices...
Microsoft Money 2 09-23-2003 11:00 PM
Money 2002 Scheduling Payment Options
Mike M: In Money 2002 - Does anyone know if it is possible to set up a payment schedual option, other than the default selection list. For example, I have...
Microsoft Money 1 08-22-2003 01:55 AM
Odd problem with electronic payment in Money 2003.
MrMikeH: I have a problem with one electronic payee where I send the payment, but instead of putting the little envelope with the lightening bolt in the !...
Microsoft Money 1 08-02-2003 02:48 AM



Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

All times are GMT. The time now is 02:34 AM.