Bank Of America Online Banking

of America online banking is available to any customerset up.
who currently does business with the bank.If the payee does not exist in the list, you enter
Participation in the Bank of America online bankingpayee details one time, and you never have to deal
program is free and easy to set up.with a payee again until there’s a change in
One feature that sets the Bank of America onlineaddress or other account details. When you have all
banking program apart from its competitors is theyour payees entered, they appear listed in
way it handles bill payments. You’d think a lotalphabetical order. Next time you open the Bank of
of data entry would be required, but that’sAmerica online banking program to pay bills, you
not the case. The program already knows the billingselect the payee, enter the amount due and the day
addresses of the most commonly used payees.you want the payment to show up at the payee
To set up a payee such as your electric company,address.
start by accessing the built-in list of payees that theNow here’s the cool part about the Bank of
Bank of America online banking program maintains.America online banking bill paying option. The money
The program already knows the names of the majorfor the payment is not debited from your account
players in the community and maintains the namesuntil the payment arrives at the payee billing address.
and billing addresses that most customers are likelyMost other bill paying options debit the money the
to use such as electric, cable, and utility companies,day the payment is mailed not delivered, meaning the
area department stores and local major financialbank has 4 – 7 days to earn interest on your
institutions. Pick the payee from the list, enter yourmoney! So in effect, you actually earn money by
loan or account number and in seconds, that payee isusing the Bank of America online banking option.