Overview
Scheduling payments allows you to set a payment to be released to a recipient on a future date. This method of sending a payment works a little different than our normal process. Think of a scheduled payment as a placeholder for a payment. We're gathering all of the necessary details to create a future payment, but actions are not taken behind the scenes like the ones noted below:
Timing
Scheduled payments will be created around midnight based on your bank's time zone. So the payments should be created first thing, the morning of the scheduled date.
How To:
Select the Schedule a Payment button below for a visual of where this option is while making a payment. If the option is not there, reach out to your bank's support representative to request enabling this feature.
Configuration:
Bank Admins, not sure how to enable this feature? The Configurations option below will show you how