How do echecks work?
eChecks work the same way a check does. + the check writer “writes” the eCheck using one of many types of electronic devices and “gives” the eCheck to the payee electronically. + the payee “deposits” the Electronic Check, receives credit, and the payee’s bank “clears” the eCheck to the paying bank. + the paying bank validates the eCheck and then “charges” the check writer’s account for the check.
