Payables payment timing - ACH or check
Standard payment timing for both ePayments and mailed checks is four bank business days. After transaction history is established, customers may qualify for payments below $5,000 to be sent on accelerated payment timing. Accelerated ePayment timing is two bank business days.
Paying a bill
- Enter details on the bill and schedule a payment (Schedule a payment by 6:00 pm Pacific Time / 9:00 pm Eastern Time, and we'll start working on it the next bank business day)
- We show an expected arrival date for each payment
- Allow 4 bank business days for the payment to be received by the vendor (unless payments qualify for accelerated payment timing)
- Bank business days are Monday through Friday (excluding bank holidays)
- The Pay screen will always show an Arrives by date for ePayments, and Est. arrival date for checks
- Check arrival dates are always shown as estimates, since we cannot guarantee USPS delivery times, and may take longer than 4 bank business days to reach the vendor.
Weekends and bank holidays
When you schedule a payment via Bill.com, the earliest process date you can select is the next bank business day. Weekends and holidays do not count in the banking world; you won’t be able to select a process date on a bank holiday or weekend day.
- If you setup autopay for a vendor and the process date falls on a bank holiday or weekend day, the system will automatically push the process date to the next available bank business day.
- If a weekend or bank holiday falls within the regular processing time for a payment, the "Arrives By" date will reflect the additonal days added due to the bank holiday or weekend days since banks do not operate on those days.
The holidays listed below are all recognized as banking holidays by the Federal Reserve System, which means that on these days of the year banks are closed and not operating in their normal capacity. We cannot process ePayments (ACH), checks and international payments on bank holidays.
- New Year’s Day
- Martin Luther King Jr. Day
- President’s Day
- Memorial Day
- Independence Day
- Labor Day
- Columbus Day
- Veterans’ Day
- Thanksgiving Day
- Christmas Day
Keep an eye out for notifications of bank holidays while working in your Bill.com account so you can consider weekends and holidays when scheduling payments.
Do payments clear on holidays and weekends?
ePayments do not clear on bank holidays and weekends. If you set up a vendor for autopay and the arrives by date falls on a weekend or holiday, it will be delivered on the next available bank business day.
If a weekend or bank holiday falls within the regular processing time for a payment, the "Arrives By" date will reflect the additonal days added due to the bank holiday or weekend days since banks do not operate on those days.
If a bank holiday falls on a weekday
If you set up a vendor for auto pay and the scheduled process date falls on Christmas Day which happens to be a Wednesday, the funds will be deducted on Thursday.
If a bank holiday falls on a weekend
If a bank holiday falls on a Saturday or Sunday, it could affect your payment process date. For example, if a bank holiday falls on a Saturday, it is usually observed on the Friday before.