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HCBSPAP203 - Online Remittance Advice - Updated to prenoted to 15 days

Blue Cross of Idaho·ID·Medical Policy
Effective date
Jun 1, 2024
We identified it
Jun 19, 2026
Days to comply

Summary

Blue Cross of Idaho updated their Electronic Funds Transfer (EFT) registration policy, changing the bank verification process from the previous timeframe to 15 business days before EFT payments begin. This affects how long providers must wait after EFT registration to receive electronic payments.

Action Required

Action needed
For new EFT registrations: Allow 15 business days for bank verification process to complete before expecting EFT payments to begin. Update internal expectations and cash flow planning accordingly when registering for electronic funds transfer.