How to Accept Echecks
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By Elizabeth Murrow
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<font face="Arial, sans-serif"><font size="2">Electronic
checks are becoming more and more popular nowadays. An echeck is an
electronic fund transfer wherein money is directly taken from the
bank with the use of the account's routing number and account number.</font></font>
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<font face="Arial, sans-serif"><font size="2">The
use of echecks in businesses provide a safe, fast and convenient way
of accepting payments. Moreover, accepting electronic checks can be
done in easy steps.</font></font>
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<font face="Arial, sans-serif"><font size="2">First,
check your email for messages coming from PayPal or other e-payment
companies. Take note of the name and address of the sender, the
amount and the reason for payment. </font></font>
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<font face="Arial, sans-serif"><font size="2">Usually,
there is a form attached to the email. All you have to do is fill up
the form and submit it once you are done. Some companies like PayPal,
require that you are registered with the company or they won't
release money to your account. </font></font>
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<font face="Arial, sans-serif"><font size="2">Indicate
where you want the money sent. You can direct your money to a bank
account or on a charge card account. If you want, you may also leave
the money on account with the company who sent you the email,
example, PayPal. You can also ask for a paper check to be mailed to
you.</font></font>
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<font face="Arial, sans-serif"><font size="2">After
filling up the form, send the completed email back to the company.
You may opt to print the email or store it online for record
purposes.</font></font>
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<font face="Arial, sans-serif"><font size="2">Depending
on your bank, do check your bank account or card balance to make sure
if the exact money has already been sent. </font></font>
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<font face="Arial, sans-serif"><font size="2">It
will take around a week before your money is credited on your bank
account. A friendly advice: wait until you are sure that your money
is credited before spending all of it.</font></font>
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<p style="margin-bottom: 0in" align="justify">
(<font face="Arial, sans-serif"><font size="2">Elizabeth
Murrow currently works for a payment processing solution company.
Being in the business for quite a long time now, she has been
continuously sharing her knowledge through various lectures and
blogging, including <a href="http://allaboutecheck.wordpress.com/">http://allaboutecheck.wordpress.com</a>
and http://www.echeckprocessing.biz. Born and raised in California,
Elizabeth now lives in Australia with her husband and two kids. She
likes to travel during her free time.)</font></font>
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