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End of Month Bill Cycle Day

If I have a monthly subcription set up on an account with a Bill Cycle Day of "30", will it bill successfully on February 28th? Or will February be skipped b/c there is no 30th in that month? What is the best practice around BCD's 29-31 - should these always be set to "EOM" instead of the numerical day and/or when would it be appropriate to use the numberical days instead of EOM?