Number of days given by banks to pay credit card bill

[phb]

@Tungsten

No you don’t, BPay payments are taken as having been paid on the day they were processed, not when the funds arrive.

There is an existing thread within the community which discusses the timeframes and dates used by the Bpay payment method. It is worth reading this thread for clarification for when the payment date is that recorded by the recipient. The thread can be found here:

When is a bill paid using BPAY actually considered settled?

How often do you see a biller make a statement to the effect that payment takes some time? a couple of days to process, time for the money to be received, etc etc. This might be true for some forms of payment, but not with BPAY if you pay on a banking day within banking hours. The problem is, many billers either don’t understand the written agreement they have signed with BPay, or they don’t care - and neither it seems does BPay, even though they advertise settlement criteria on their website. …