Paying with Bank of America Bill Pay

Colleges & Universities A-Z University of California - Berkeley
1

<p>I found on the Berkeley website:</p>

<p>"If utilizing your bank’s online bill payment service, the payment should be issued to “UC Regents” and indicate our address as PO Box 24610, Oakland, CA 94623-1610. When referencing an account number, use the UCB ID number. Do not list any other information (such as student name, “UCB”, “SID”, etc.) in the account number field. (Allow 1-10 days for processing.)"</p>

<p>I'm setting up the bill pay for Bank of America (this is my first time). It asks for nickname (description of the person receiving funds), which I assume I should leave blank?</p>

<p>Then, it says there's a 4 day delivery. So for "deliver by", should I put the date 4 days from now or should I just put 8/15/06?</p>

<p>Also, I know it says allow 1-10 days for processing but how long does it typically take? If they haven't processed it by 8/15, do I get penalized?</p>

<p>Thanks.</p>

2

<ol>
<li><p>Nicknames are for yourself to keep track of all your bill payees and whatnot.</p></li>
<li><p>Click on the calendar when it asks "deliver by." You'll notice that the next four days (after today) are greyed out, because it must allow four days to deliver the payment. Therefore, yes, you can put 8/15 as long as it's not four days before the 15th. However, the payments usually go out by the end of the business day (around 5 or 6), so I'd deliver it before 8/14 if I were you.</p></li>
</ol>

<p>As for your last question, I don't know. I would assume that if the payment is earmarked/received by the 15th, Cal won't mind.</p>