Bill Pay

With free Bill Pay from MemoryBank, you can pay just about anyone in the U.S. by scheduling a single, recurring or future-dated payment.

Pay bills with no checks, envelopes or stamps.

Pay your credit cards, utilities, the dry cleaner, car payments and more. Bill Pay remembers your list of payees, including name and address, and bills with fixed amounts can be set up to be paid automatically.

And, Bill Pay can keep you and your identity safer.

It's easy to sign up.

Log in to the MemoryBank App, click on “Bill Pay," or go to online banking at MyMemoryBank.com and click on the "Bill Pay" link at the top of the screen to get started.

Complete control.

Unlike auto-pay set up through the recipient, where payments are withdrawn every month whether you're ready for them or not, with MemoryBank's Bill Pay you’re always in complete control over how much you want to pay and when.

Pay almost anyone.  Including individuals.

You can pay just about anyone in the United States. Simply add them as a payee by entering their name and address—it takes just minutes to set up. And best of all, you only have to enter payee information once.

You’re protected with Bill Pay.

Late fees can adversely affect your credit score. Avoid them by setting up email reminders that alert you when bills are due. Schedule automatic payments for all your recurring bills – everything from car loans to home mortgages.

You can also help protect your identity with Bill Pay. When you pay bills online, your payment information is protected by the same standards that secure your online banking account.

Thanks to the Bill Pay Guarantee1, you’re protected in the unlikely event of unauthorized transactions or processing delays – guaranteed.

Suspect fraud? Please notify us within two business days of when you suspect an unauthorized transaction.

Payment late? We cover any late-payment related charges1 (up to $50.00) should a payment arrive after its due date, as long as you scheduled the transaction in accordance with our time payment guarantee. 

Bill Pay FAQs

After I have signed up online for Bill Pay, how long does it take for me to start paying bills on mobile or online?

How long does it take to set up a new payee in Bill Pay?

How long does it take for a payment to reach the payee?

After I make a Bill Payment, how long does it take for the money to be debited from my account?

How will I know if a payment has been sent electronically or by check?

Are there any payments I can’t issue on Bill Pay?

After I have signed up online for Bill Pay, how long does it take for me to start paying bills on mobile or online?

Once you have completed your Bill Payment application located under the Bill Payment tab in online banking, you will be able to start Bill Payment within 1-2 business days. You will be notified by e-mail once your application has been processed.

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How long does it take to set up a new payee in Bill Pay?

Once you have entered a new payee into the Bill Payment system, you may start sending payments to that payee immediately. When scheduling a payment to a payee for the first time, you should always assume it is being sent by check and therefore allow a minimum of 5 business days for mail delivery and processing.

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How long does it take for a payment to reach the payee?

Payments can be sent by check or electronically. The payment method used is solely dependent on how the payee chooses to receive payments. Payments being sent electronically will take approximately 3 business days to reach their destination.  Payments sent by check will take approximately 5-7 business days to reach their destination.

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After I make a Bill Payment, how long does it take for the money to be debited from my account?

Electronic payments are debited within 1-2 business days and check payments are debited when the recipient cashes the check.

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How will I know if a payment has been sent electronically or by check?

You can find the payment details by locating your payee under the Last 5 Processed Payments and clicking the amount link for the payment; this link will open a window that contains all of the information about the payment, including the Payment Type, the Sent On and Deliver By dates and the Confirmation Number. Please note that the “Delivery Date” stated is only an estimate and is not guaranteed.

For older payments, you can locate the Payment Details by clicking on the payee in your payee list and selecting Payment History. On the following screen you will need to select the Payment Details link located on the right of each payment made to this payee.

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Are there any payments I can’t issue on Bill Pay?

Due to legal requirements, we limit the ability to make certain types of payments. Payments to payees outside of the United States are prohibited and may not be issued under any circumstances. In addition, the following payments are discouraged, but may be scheduled at your own risk: tax payments to the Internal Revenue Service or any state or other government agency; court-ordered payments, such as alimony or child support; payments to insurance companies; You will be notified if you attempt to make any of these payments and we will not be liable if we do not make a prohibited or discouraged payment that you've scheduled.

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1 MemoryBank will reimburse payment-related charges up to $50.00 should a payment post after its due date as long as the payment was scheduled to be delivered prior to the due date indicated by the payee. This guarantee does not reimburse late fees for payments not scheduled within these guidelines, or payments delayed due to postal delays or delays for posting at the payee.