I usually pay my bills through my cibc account online. My bill is due on Oct 1st, I've paid it today on the 30th of september... Will the payment arrive on time if I do it one day before or should it be done earlier to avoid late payments?
Normally banks take 3-5 business days before releasing the funds to Koodo to pay your bill. In my experience with sending it in a couple of days before my bill is due I've never seen late charges as I've noticed that Koodos systems pick up when the money was sent in. But it's better to send it in at least 2-3 days before hand, better to be safe than sorry.