Automatic payment. Help your customers to make their payments easily and on time.
What is automatic payment?
Automatic Payment is a service that allows your customers to easily make timely payments each month. Customers may choose to have automatic payments drawn from their checking or savings account at any financial institution. There's no charge for the Bank of America Merrill Lynch automatic payment option.
- Convenience. No postage stamps to deal with.
- Peace of mind. Fewer payment delays and late fees.
- Free. Free service and set-up charges.
How to get them started
Simply submit your customers' enrollment forms with your standard funding packages.
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