Question posted by Thesmiths on April 30th, 2010
What Is E-cheque?
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Current Answers
Answer #1: Posted by jvaldez434 on April 30th, 2010 11:49 AM
jvaldez434
Member since:
April 28th, 2010 Points: 36,650
Member since:
April 28th, 2010 Points: 36,650
From paypal's website: What is an eCheck? Answer : An eCheck is a payment that you make directly from your bank account.
Just like a regular check, it usually takes between 3 and 5 business days for an eCheck to clear and the money to appear in the recipient’s PayPal account.
Both eChecks and Instant Transfers are ways to pay with your bank account. With an eCheck, the recipient receives the money in a few days. With an Instant Transfer, the recipient receives the money right away.
https://www.paypal.com/helpcenter/main.jsp?t=solutionTab&solutionId=13054&cmd=_help-ext
Just like a regular check, it usually takes between 3 and 5 business days for an eCheck to clear and the money to appear in the recipient’s PayPal account.
Both eChecks and Instant Transfers are ways to pay with your bank account. With an eCheck, the recipient receives the money in a few days. With an Instant Transfer, the recipient receives the money right away.
https://www.paypal.com/helpcenter/main.jsp?t=solutionTab&solutionId=13054&cmd=_help-ext
