Echeck Deposit

Echeck Deposit

How To Deposit Your Echecks?

eSecurePay Check by Phone allows you to print and deposit using a thorough mobile deposit, remote deposit by dropping at your local branch.

Let’s know how to deposit your echecks:

  • Use the eDeposit Services now available for your Echecks.
  • Your bank may assist you in deposit the Echeck using the Remote Deposit or taking a picture of the Echeck through your banks’ mobile app.
  • Deposits made at an ATM utilize the OCR (Optical character recognition) technology inside the branch with a teller.
  • The bank listed on the Echeck may negotiate the Echeck.
  • Bank names can be found just above the ‘Memo’ line at a local check cashing or payday advance location.

What is the Echeck deposit?

Echeck ACH Payment services are secure payment modes that will send money to any part of the world. At Echeck deposit online, we offer a speedy payment method in which doesn’t involve any glitches. So, there is an easy sign-in facility on our website and after registrations; you can control the cash flow from your account on your fingertips.

Payment by Echeck is a faster mode than a paper check. So, get paperless with online electronic check processing. So, that when a command is initiated in the system for the account transfer, a PDF is generated which goes in the email box of the recipient. Hence, this confirms that the payment has authorized by the customer. A printout of this technology-based transaction PDF file is taken out which is deposited in the bank for further process.

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Do electronic checks go through immediately?

Generally, funds are verified within 24 to 48 hours of the transaction being initiated. Should the payer have the funds available for their checking/bank account?. So, the transaction is cleared within 2-3 business days and the funds are moved from the payer’s account to the payee’s account.

Can an Echeck have a stop payment?

Echecks support stop payments by using the existing stop payment systems at the bank. Since this requires some flow integration between the Echeck system and the existing stop payment system, different banks will be able to offer different levels of stop payment capability. Similarly, for those customers who use Positive Pay functions by sending an “items issued” file to their bank, the bank can integrate Echecks into this capability, providing even greater assurance that only valid, authorized Echecks has paid.

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