CompassPC®
Frequently Asked Questions

About CompassPC Bill Pay and E-Bills

How frequently can an automatic payment be scheduled?

You can set up automatic payments as follows:

Frequency Definition Example
Weekly Every week on (or near) the same day of the week you scheduled for the first payment. You send the first payment on a Monday, 11/28/2005. The next five payments are scheduled for 12/5/2005, 12/12/2005, 12/19/2005, 12/23/2005, and 12/30/2005.
Every 2 weeks Every other week on (or near) the same day of the week you scheduled for the first payment. You send the first payment on 11/28/2005. The next five payments are scheduled for 12/12/2005, 12/23/2005, 1/9/2006, 1/23/2006, and 2/6/2006.
Every 4 weeks Every 28 days from the previous payment date, starting with the first payment date. You send the first payment on 11/28/2005. The next five payments are scheduled for 12/23/2005, 1/23/20006, 2/20,2006, 3/20/2006, and 4/17/2006.
Monthly Every month on (or near) the same date you scheduled for the first payment. You send the first payment on 10/31/2005. The next five payments are scheduled for 11/30/2005, 12/30/2005, 1/31/2006, 2/28/2006, and 3/31/2006.
Twice a month Every month on (or near) the same date you scheduled for the first payment. The second payment will be made 15 days after the first payment date. You send the first payment on 10/10/2005. The next five payments are scheduled for 10/25/2005, 11/10/2005, 11/23/2005, 12/9/2005, and 12/23/2005.
Every 2 months Every other month on (or near) the same date you scheduled for the first payment. You send the first payment on 10/31/2005. The next five payments are scheduled for 12/30/2005, 2/28/2006, 4/28/2006, 6/30/2006, and 8/31/2006.
Every 3 months Every three months on (or near) the same date you scheduled for the first payment. You send the first payment on 10/31/2005. The next five payments are scheduled for 1/31/2006, 4/28/2006, 7/31/2006, 10/31/2006, and 1/31/2007.
Every 6 months Every six months on (or near) the same date you scheduled for the first payment. You send the first payment on 10/31/2005. The next five payments are scheduled for 4/28/2006, 10/31/2006, 4/30/2007, 10/31/2007, and 4/30/2008.
Annually Every 12 months on (or near) the same date you scheduled for the first payment. You send the first payment on 10/31/2005. The next five payments are scheduled for 10/31/2006, 10/31/2007, 10/31/2008, 10/30/2009, and 10/29/2010.

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