Moneydance supports connections with your bank using Direct Connect.  

However, not all banks that support Direct Connect will also support Bill Pay using this connection method. You will receive an error message if you attempt to set this up with an institution that doesn't allow it.

Setup Bill Pay - 

Setting up Online Bill Payment uses the same procedure as setting up regular online banking.

  • Select your account then navigate to Online > Setup Online Bill Payment.
  • Then choose your financial institution from the list.

  • Select "Next" then specify the account you'd like to use. 
  • You'll then be prompted for your ID and Password.

Using Bill Pay - 

To begin creating an electronic payment navigate to Online > Online Bill Payment.

First you need to create a Payee entry for the recipient of your funds.
Select the Payee tab, and select the "Create Payee" button.

Enter the desired information for the payee.
If the payee is located in the United States, it's important to use the 2 letter abbreviation in the State field.

To create an online bill payment, click the "New Payment" button.  
Select the payee you'd like to process a payment to, then select Next.

Fill in the appropriate amount, due date, account number with the payee, Category, and memo field.

Finally click Finish to send the payment request to your bank's server.

The payment request will be sent to your financial institution, and a corresponding new transaction will be created in the Moneydance account register.

Payments sent using Bill Pay - 

Please note that it may take a number of days for the payment to be processed and sent to the Payee. Some banks require that you set the “Due Date” of your online bill payment request to a specific number of days in the future.

You can set your Moneydance Preferences to automatically detect and observe online payment date ranges within File > Preferences > Network. This is detailed further in this article.

Using Bill pay from Reminders -

You can navigate to the Online Bill Payment interface from a transaction reminder. 

When viewing the reminder, select “Send Online Payment” to view the bill payment window.

This option will only be available if you have already set up online bill payment for the account.