Glossary

Short for electronic bill. A payee can make a purely electronic version of your customer bill available for delivery and presentation to you online. Not all payees offer electronic payment.

Location to which an electronic mail message can be delivered. E-mail addresses cannot be longer than 64 characters. A 2- or 3-character extension after the period is required. For example, smith@example.com.

Electronic payment such as ACH or wire transfer.

Any non-paper type of payment.

Computer-generated algorithm that allows secure communication between parties.

Payment to a loan's escrow account for taxes, property insurance, and other bills.

The estimated amount needed to pay your loan in full including fees, accrued interest, and other amounts which may have accrued from your last payment through the close of the current business day.

The date through which the estimated payoff amount is effective.

The date through which the estimated payoff amount is effective.

Expedited payments are delivered faster than standard payments. These payments are subject to a convenience fee that is automatically debited from your funding account.

A movement of funds between an account at our financial institution and an account at another financial institution.

Account held at another financial institution that you have set up with us to use for transfers or loan payments.