How to make a bill payment
With a few simple steps you can pay your bills without having to write a check or make a trip to the post office.
- Log into Online Banking navigate to the Bill Pay page to enter in a new Bill Payment.
- Enter in the payee's name, mailing address, account number with the payee, amount, and will set up a payment due date (the due date must bee at least 6 calendar days in the future).
- Select the frequency with which the payment will be sent out. You have the choice to designate the payment as a fixed amount or a variable amount (if this is a variable amount, the amount field will change to zero after a payment is sent, so you will need to log in after each payment to set the new payment amount). Set up a recurring bill payment
Five calendar days prior to the due date, LANB will cut and mail a physical check to the address specified on the Bill Payment. If this date falls on a weekend or holiday, we will mail the check on the prior business day. These checks are delivered to the USPS Albuquerque hub the same day that the check is cut. Your account will be debited for the check on the due date specified on the payment regardless of the day that the check actually clears.
Set Up Future Bill Payments
Pay a bill pay early, or to compensate for payments that are not arriving in time to avoid late charges, you can specify a due date that is earlier than the actual due date. On the due date you specified, we will charge your account the amount of the payment, regardless of the clearing date of the Bill Payment check. If you do not have sufficient funds in the designated account on the day prior to the payment due date, we will not be obligated to make the payment. If the Bill Payment causes your account to be overdrawn, applicable NSF fees will apply, and other NSF checks may be returned. We may revoke your Online Banking privileges without notice if you attempt to make payments without sufficient funds in your account. To make a payment on any LANB loan (LANB credit card, mortgage, consumer loan, commercial loan, or ABC loan), please use the Transfer feature instead of Bill Payment.
View other Online Banking tips.