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More Online Bill Pay FAQ's

Processing My Payments


Are my payments guaranteed?

With the CheckFree Guarantee, you can be assured that your electronic payments are safe and reliable. When your payments are processed through CheckFree, you are protected in the unlikely event of unauthorized transactions or processing delays. For more information, go to http://www.checkfree.com/checkfreeguarantee.

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How does a company or person receive my money?

OnLine Bill Pay sends payments electronically whenever possible. If the company or person cannot receive electronic payments, OnLine Bill Pay prints a check and sends it to the billing address. The check contains the following information:

Your name and address
The company or person's name and your account number, if available
The payment amount
The pay date
If you added a memo to your payment, the information is printed on the memo line of the check. The maximum length of the memo is 34 characters.

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Why do you need four days to process some payments?

Some companies and many people cannot receive electronic payments. In these cases, OnLine Bill Pay prints a check and mails it to the address you provided when you added your bill. Four days allow us time to send the payment.

Some billers may not always credit your account on the same day that they receive the payment. Making payments in advance of the bill's due date allows enough time for the biller to receive the payment and credit it to your account.

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What do I do with the part of the bill statement that I used to mail back with my payment?

You don't need to do anything with your bill statement. All of the information you provide when you add and pay your bills in OnLine Bill Pay is sufficient for us to process the payment and for the biller to credit your account. You can keep the statement for your own records.

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How do payments show up on my account statement?

When you receive your account statement, the payments made through OnLine Bill Pay usually appear as electronic withdrawals (similar to ATM withdrawals) even if OnLine Bill Pay sends a check for the payment.

Note: In some cases, the payments appear on your account statement just like your other checks. However, the sequence numbers on these transactions are typically higher than the sequence numbers on your checks.

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Alcoa Tenn Federal Credit Union
124 N. Hall Road      P.O. Box 9001     Alcoa, TN 37701
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Phone: (865) 977-3118    Fax: (865) 977-0253
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