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How do I set up automatic bill pay?

The steps for setting up automatic bill pay will vary from company to company. Generally, you’ll log into your account with the business, such as your electrical company account. Then, you’ll schedule a withdrawal for the outstanding amount from your account.

What is an automatic bill payment?

An automatic bill payment is when you set up a recurring transfer from one of your accounts, such as a checking account, to pay a bill, such as a loan or subscription. When you enroll in automatic payments, you allow a company to withdraw money from your bank or credit card to pay your bill.

How do I automate bill payments?

Another way to automate bill payments is to use your bank’s bill pay option. This way, the bank will withdraw money from your bank account to pay the companies you owe. You’ll need to log into your bank account to enter how much you want to pay, where the funds will go and when to make the payment.

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