This document is meant to be a guide to assist accounting firms in explaining Bill.com’s payment timing and limits when onboarding new clients.
- For payments sent with Standard Payment Timing (SPT), your clients should allow at least 4 banking days for the payment to be received by the vendor.
- All new customers begin with standard payment timing, and may convert to accelerated payment timing after the client bank account has been verified and a certain number of qualifying payments have been made successfully through BILL.
