E Cheque

[Whassat]

what exactly is this?
ive got one going in my paypal account and it won't clear for 3-5 days!!
if its gone through paypal, couldn't the buyer have paypalled the money in the first place??

:blonde:

[Chell]

If you do a search you will find threads in the WAH section. The buyer may not be aware that it went through as an echeque so you need to contact them. I actually thought it took much longer than that to clear.

[Whassat]

oh! shall i contact her then? :unsure: what shall i say?
i will search tommorrow for the threads thanks :happy72:
this is for goods on ebay

[Emsickle]

What is an eCheque?

An eCheque is an electronic funds transfer that withdraws money directly from your bank account. It's just like writing a cheque, only it is done electronically. When you send money with an eCheque, the transaction will be held as pending for seven to nine working days, until the electronic funds transfer has cleared your bank.

Why should I use an eCheque?

When you use eCheque, you don't have to have a credit card or alternative funding source attached to your PayPal account. In addition, using eCheque means you won't incur credit card debt, since the money comes directly out of your bank account. eCheque is like writing a cheque, only faster and more secure.

^^^^

From paypal hun

HTH

[*Yvonne*]

The buyer can cancel the eCheque right upto the day it's cleared so don't send goods out until you have the email from Paypal to say it's cleared.

[squeakysue]

I hate echeques- they take sooooo looooooong to clear:cheesy:

[Whassat]

i did contact her and she said she didn't realise she done an echeque.
i don;t mind and she don't mind waiting for it to clear, so i guess thats ok then :unsure:

is it? :hysterica

:unsure:

[*Yvonne*]

Yeah that will be fine providing you use it like a normal chequa & don't post anything out until it clears.

[*debbie*]

we got paid by echeque once and it took 14 working days for it to clear ""cutey""b

[Daffs]

As much as they are soooooooooooo slooooooooooooowwwwwwwwwwwwwwwwwwwwww I am grateful for anything :laugh: