What is the typical processing time for payments?

The typical processing time for payments using Bill.com can vary based on several factors. Generally, electronic payments, such as ACH transfers, can take one to three business days to process. This timeframe includes the time it takes for Bill.com to verify the payment and for the receiving bank to process it. When dealing with checks, the processing time may be longer, typically ranging from five to seven business days, considering mailing times and bank processing. It is important to note that these timeframes can be influenced by bank holidays or weekends, which may cause delays. Users are encouraged to plan their payments accordingly to ensure timely transactions. For the most accurate and current information regarding processing times, it is advisable to refer to the relevant section of the Bill.com website.