Deposit Services gives recipients the option to have eCheck funds available in minutes without any extra steps or fees for the eCheck sender.
Happy Recipients Provide Better Service
Recipients already love eChecks because of their speed and convenience. Deposit Services, takes that speed and convenience to another level by giving recipients a choice to access their eCheck funds in minutes – without the need for a printer or a trip to the bank.
More Confidence Recipients Will Love eChecks
Check recipients want options and the more options you can provide, the happier the recipient. Some recipients need their funds right away where others are okay waiting up to 10 days for the check to clear. Some recipients are really counting on a payment and are willing to pay a fee to have guaranteed funds quickly. Some recipients want the convenience to bypass check printing and prefer not to spend time taking their check to the bank to deposit. Deposit Services give recipients more choices to do what best fits their needs.
No Extra Steps or Fees
eCheck senders do not need to sign up or pay any fees when sending checks for Deposit Services to be available to their eCheck recipients. Recipients get the choice to pay a small fee to use Instant Funds or print their eCheck for free.
*Majority of Instant Funds transactions will be funded within 30 minutes, but it could take up to 24 hours. The funds availability timing for the initial transaction will generally be indicative of future transactions for the account you set up. Direct Deposit transactions will be funded in 1-3 days. Deposit to PayPal transactions will be funded within 30 minutes. A small fee will be charged to the eCheck recipient for each deposit. Check clearing provided by our partner bank.
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