For Payees who can accept Electronic Funds Transfers (EFT’s), we recommend that you set the Send On date at least three (3) business days in advance of the due date. If you authorize payment in advance, your funds will be sent after 10:30 PM Eastern on the day you designate, which is your Send On date. To have an Electronic Funds Transfer issued on the same day that you authorize payment, you must authorize the transaction by 10:30 PM Eastern. Please note that some EFT transactions may clear your account the same day they are issued. Be sure your account has enough money available, in advance of the Send On date, to avoid bounced payments.