Can You Pay Bills Instantly With an Online Bank Account?


Quick Answer

Customers can pay bills through their banks online banking system, but it is not guaranteed it will pay instantly. It depends on the company that is receiving the payment and if you have sufficient funds in your bank account, notes Bank of America.

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Full Answer

Most businesses are technologically advanced enough that they can receive an instant payment via online banking but there are still some that take a few days to completely process the payment. With online banking through your bank, customers can complete a number of tasks quickly and conveniently, states Bank of America. Some of these tasks include viewing all accounts in one place, paying bills, transferring funds from one account to another and track their spending habits.

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