How do I schedule and manage one-time payments?

Navigate to Baselane Banking Account

• Go to the Baselane Banking or Transfers & Payments tab, or select the 'Recipient' section of the Transfers & Payments tab

• In Baselane Banking, select 'Move Money' and 'Send Money'

• In Transfers and Payments, under the 'Recipient' section, choose 'Send Money'

Sending the Payment

• Select a Recipient: Choose an existing recipient or add a new one

• Recipient Details: Select the payment method (ACH, Wire, Mail a Check) from an existing recipient's Payment Methods drop-down menu or add payment details for a new recipient

• Payment Details: Enter the payment amount, select the Baselane checking account the payment will be withdrawn from, and select the date you wish to schedule the payment

• More Details (Optional):

  • For wire payments: add a message to the recipient

  • For check payments: add a memo to be printed on the check

• Bookkeeping Details (Optional): Add details such as category, property, and notes

• Review and Send: Review the payment details and submit

Once submitted, you can track the status of the scheduled payment in the 'Scheduled Payments' section of the Transfers & Payments tab.

Wire & ACH Fees

• Inbound wires deposited into a Baselane banking account are free (note: the sending bank may charge a fee).

• As of July 3, 2025, a $15 fee per outbound wire applies to all new Baselane Banking users.

• For existing users, this fee will take effect on October 1st, 2025.

• The outbound wire fee will be waived if your Baselane banking accounts have a combined balance of $50,000 or more at the time the wire is initiated.

• ACH transfers and payments are currently free

• We will be introducing same-day ACH transfers and payments in Q3 2025 

Important Information for One-Time Scheduled Payments

• Existing Account: You must have an existing Baselane Banking Checking account

• Account Limitations: One-time payments can only be scheduled from Checking accounts, not from Savings accounts

• Payment Limits: The payment amount must not exceed the standard or high Checking account limits (see tier limits in this article)

• Processing Date Rules:

  • Payments cannot be scheduled in the past

  • Same-day payments scheduled on weekends or federal holidays will be processed the next business day

  • Future payments cannot land on a weekend or a federal holiday

  • If a federal holiday falls on a Saturday, the payment will be processed on the Friday

  • If a federal holiday falls on a Sunday, the payment will be processed on the following Monday

How to Cancel a One-Time Scheduled Payment

• Go to the Transfers & Payments tab

• Navigate to the 'Scheduled Payments' section

• Select the arrow next to the payment you want to cancel

• In Schedule details, select 'Cancel payment'

• Confirm by clicking the red 'Cancel payment' button

• A green "Canceled payment" notification will appear on the bottom left of your screen

Frequently Asked Questions (FAQs)

Can I cancel a payment once it has started processing?
No. Same-day payments begin processing immediately and cannot be canceled. Future payments can be canceled in advance.

What do I do if my payment fails?
Failed payments will not be re-attempted. Please resubmit the payment.

Can I schedule a one-time transfer between Baselane Banking accounts?
Yes. See steps here.

Can I schedule multiple one-time payments to the same recipient?
Yes, but ensure the total amount does not exceed your daily/monthly limits, or the payments will fail. Review checking account tiers here.

Can I schedule a one-time payment if I don’t have enough funds today?
Yes, if the payment is scheduled for a future date. You’ll receive a warning during setup to ensure funds are available on the processing day.