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What is an eCheque?

What is an eCheque?

An eCheque is a method of transacting money online offered by online payment companies such as PayPal.

eCheques are similar to normal cheques in that they are a legal document requesting the transfer of money from one account to another. Also, much like a normal cheque, they require manual clearing to complete the transaction which means they do not reach their destination as fast as a faster payment or debit card payment would. We do not offer an eCheque facility