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#2
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| It is entirely up to the Bill Pay provider on a payee by payee basis But, as I mentioned the "default" for a "new" payee is to give the bill pay provider 4 business days. -Mark "SteveC" <sconklan.nospam.yahoo.com> wrote in message news:CC799A1C-99FA-499D-81D4-01F92E749E35[at]microsoft.com... Thanks Mark. I spent a good amount of time with the bank last night. The first one told me it should make no difference, which I used, but I proved it did. Then another rep told me Money always requires 4 days. There is no manual setting in Money anywhere? "Mark" <abcd[at]abcd.com> wrote in message news:uE3J6SGUHHA.4764[at]TK2MSFTNGP05.phx.gbl... The bank actually determines that. If Money is using the bank's bill pay service, then the bank needs to contact Microsoft to change the days-to-pay value for their bill pay service. On the other hand if Money is actually using a different bill pay service (e.g. MSN Bill Pay), then it is their policy that is taking effect. Also, in general, a new payee will start with the 4/5 day delay so that the Bill Pay service has time to process a new payee. If the Bill Pay service determines it can pay faster, then it can tell Money to decrease the lead time for that payee. -Mark "SteveC" <sconklan.nospam.yahoo.com> wrote in message news:74CE1B84-383E-46F3-B373-ABE821A07A3A[at]microsoft.com... My bank and I were trying to figure out why, when I order an online payment for asap, it takes 4 (sometimes 5) business days to get paid, but if I do it online at their website, it can be done the next business day, or at most 2 days. Once I sync money by connecting to the bank through money, it downloads the payment and has the right day on it. Question: Why does money not allow you to choose an earlier date for epays (as opposed to check pays)? Any setting to change this behavior? Thanks |
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#1
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| Thanks Mark. I spent a good amount of time with the bank last night. The first one told me it should make no difference, which I used, but I proved it did. Then another rep told me Money always requires 4 days. There is no manual setting in Money anywhere? "Mark" <abcd[at]abcd.com> wrote in message news:uE3J6SGUHHA.4764[at]TK2MSFTNGP05.phx.gbl... The bank actually determines that. If Money is using the bank's bill pay service, then the bank needs to contact Microsoft to change the days-to-pay value for their bill pay service. On the other hand if Money is actually using a different bill pay service (e.g. MSN Bill Pay), then it is their policy that is taking effect. Also, in general, a new payee will start with the 4/5 day delay so that the Bill Pay service has time to process a new payee. If the Bill Pay service determines it can pay faster, then it can tell Money to decrease the lead time for that payee. -Mark "SteveC" <sconklan.nospam.yahoo.com> wrote in message news:74CE1B84-383E-46F3-B373-ABE821A07A3A[at]microsoft.com... My bank and I were trying to figure out why, when I order an online payment for asap, it takes 4 (sometimes 5) business days to get paid, but if I do it online at their website, it can be done the next business day, or at most 2 days. Once I sync money by connecting to the bank through money, it downloads the payment and has the right day on it. Question: Why does money not allow you to choose an earlier date for epays (as opposed to check pays)? Any setting to change this behavior? Thanks |
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| The bank actually determines that. If Money is using the bank's bill pay service, then the bank needs to contact Microsoft to change the days-to-pay value for their bill pay service. On the other hand if Money is actually using a different bill pay service (e.g. MSN Bill Pay), then it is their policy that is taking effect. Also, in general, a new payee will start with the 4/5 day delay so that the Bill Pay service has time to process a new payee. If the Bill Pay service determines it can pay faster, then it can tell Money to decrease the lead time for that payee. -Mark "SteveC" <sconklan.nospam.yahoo.com> wrote in message news:74CE1B84-383E-46F3-B373-ABE821A07A3A[at]microsoft.com... My bank and I were trying to figure out why, when I order an online payment for asap, it takes 4 (sometimes 5) business days to get paid, but if I do it online at their website, it can be done the next business day, or at most 2 days. Once I sync money by connecting to the bank through money, it downloads the payment and has the right day on it. Question: Why does money not allow you to choose an earlier date for epays (as opposed to check pays)? Any setting to change this behavior? Thanks |
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#-1
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| My bank and I were trying to figure out why, when I order an online payment for asap, it takes 4 (sometimes 5) business days to get paid, but if I do it online at their website, it can be done the next business day, or at most 2 days. Once I sync money by connecting to the bank through money, it downloads the payment and has the right day on it. Question: Why does money not allow you to choose an earlier date for epays (as opposed to check pays)? Any setting to change this behavior? Thanks |
| Tags |
| day, electronic, forces, lead, money, payments, time |
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