How Do I Setup Bill Pay with Goldman Sachs?

Goldman Sachs is an asset management company that offers various products and services, including bill pay. The bill pay service lets clients settle their bills online without writing and mailing checks. Through bill pay, clients can set up recurring payments for regularly scheduled bills and one-time payments for less frequent bills.  

You must first meet a few requirements to use Goldman Sachs' bill pay service. You need an active Goldman Sachs account and the billing information. This information includes the payee names, addresses, account numbers and amounts due. Your email address should be valid, and you must ensure that you have access to a secure internet connection. You then need to follow these simple steps: 

1.  Log Into Your Goldman Sachs Account

Navigate to the Goldman Sachs website and log into your account. Select the "payments" tab to access the bill pay service. This tab allows you to add payees, schedule payments and manage your Goldman Sachs account. 

2.  Adding a Payee

Adding a payee is quite simple, as you only need to click the "add payee" button. Here, the payee information is necessary. You must add the payee's name, address and account number. You also need to specify whether the payment is one-time or recurrent. Ensure to confirm that the details you key in are correct.

To complete the process, click "save."  

3.  Setting Up Recurring Payments

Some bills occur regularly, such as rent and mortgages. Goldman Sachs' bill pay service lets you set up recurring payments to settle automatically at the required dates. You must select the payee that requires regular payments and enter the payment amount and the frequency. The payment may be made from your account weekly, monthly or quarterly, depending on your preference. After setting it up, you won't need further action because the payments will be made automatically, as scheduled. 

4.  Scheduling One-Time Payments

The bill pay service enables you to set up less frequent payments. For this, you must select the payees that require the payments and enter the payment amounts and dates. Once you're done scheduling the payments, Goldman Sachs will settle them when the appropriate dates reach. 

Managing Your Bill Pay Account

Keeping track of your payments after setting up bill pay with Goldman Sachs is essential to ensure things are running smoothly. You may also need to make changes occasionally if your payees require you to do so. The Goldman Sachs account allows you to check your payment history, update your account information, and cancel or modify payments. Review your bills regularly to avoid late fees and penalties and ensure you're paying the correct amount. 

Contacting Goldman Sachs

Goldman Sachs' bill pay service is reliable and easy to use; however, you may need help with errors sometimes. You can contact Goldman Sachs' customer service if you need assistance or have trouble paying. The company has a customer service phone number that you can dial and get help by directly speaking with one of the support staff. For non-technical inquiries, the company accepts emails. The support staff will help resolve any issues you face quickly and efficiently.