An eCheck is the same as a printed check only the person writes it online. In many cases, the processing time for an eCheck will take just as. eChecks are the digital counterpoints of the pieces of paper found in a checkbook. Buyers and sellers pay and get paid by eCheck in electronic transactions. I order something from eBay(my very first online purchase) and for some reason it went to like echeck and it wont clear until like 08/30/10t o 09/01/10 when IM. The best way to explain the similarities and differences of ACH, EFT and eCheck is that an eCheck is a type of electronic funds transfer EFT that uses the Automated Clearing House ACH network to process the payment. This will be entered into an poker in america for approval by the payment processor or merchant account provider. You must have a backup credit card listed on the account. Electronic Funds Transfer solheim cup the Best CD Accounts of Digital Nomad: Xoom moves your money fast, and keeps your security a top priority. And if you don't qualify for the regular BBVA checking account for some reason, you'll then be given the option of opening the special BBVA Compass Easy Checking Accountan account designed specifically for those with banking problems.