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    Question ID:   3104         Current Version: 1
Question: How do I pay bills through my bank electronically?
Category: Business & Finance > Personal Finance
Keywords: bank, pay, payment, bill, electronic, fund, transfer
Type: how
Rating:(0 ratings)    Views: 346    Discussions: 0   In Watch Lists: 1  

 
    Answer:
If your bank offers this service, you can go to its Web site and authorize payments to companies that you choose. Your bank will send the payments to specified companies either electronically or by check. Unlike direct payment, paying bills through your bank over the Internet allows you, not the merchant, to initiate all the payments.

All on-line transfers of funds from your account will be reflected in your monthly bank account statement. Be sure to check the accuracy of your monthly statements. Electronic payment service may be free of charge-or there may be extra fees.

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    More Readings :
[QID:3103]    What is Direct Payment?  
[QID:3105]    Can I use another service to pay my bills on the Internet?  
[QID:3102]    What is Direct Deposit?  
[QID:1703]    How will I know that my check is being used for electronic check conversion?  
[QID:1702]    What is electronic check conversion?  
[QID:1704]    What are some of the differences between electronic check conversion and using my check as payment?  
[QID:1709]    Can electronic check conversion occur if I mail a check to pay a bill?  
[QID:1710]    What if I don't want my check to be used for electronic check conversion?  
[QID:1708]    With electronic check conversion, may I use the same check more than once?  
[QID:1707]    What should I do if I have a problem with an electronic check conversion transaction?  
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