Just about everyone is familiar with the traditional paper check.
Traditionally, banks will manually process a paper check payment and deposit the funds into the user's bank. The clearing process can take days for the funds to appear in the correct account.
Fortunately, technology has advanced, and the checking industry has taken advantage. This is where the eCheck comes in.
source https://www.emscorporate.com/news/what-is-an-echeck
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