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HOW IT WORKS
Basically, there are two alternatives on our Bill Payment Service: You receive
the bills from the supplier of the service as you usually do and, through our
Bill Payment Service at www.pnb.com, you instruct us to pay these bills.
Instead of writing a check for each one, you instruct us, through www.pnb.com,
to make the payment. You will keep track of all the payments made to each
supplier. Or,
We, at PNB, receive the bills directly from the supplier of the service, with
your prior approval. When we receive the bills, you may choose from the
following two options:
1. The bills received by us will be presented to you in an image format at
www.pnb.com so that you can review them and authorize us to pay the bills
totally or partially. We will keep track of the balance; or,
2. The bills received by us will be paid automatically as per the Bill Payment
Authorization you have previously given to us.
For any of the alternatives, you will fill out a Bill Payment Authorization
application giving us the respective instructions, specifying the alternative
selected and detailing the supplier’s name, address, reference number, method
of payment, frequency and any other information that applies to the payment.
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