How to transfer money from eCheck to an online checking account

An eCheck is an electronic form of a real check. This payment structure is becoming more popular with more online merchants, casinos and auctions taking payments directly from bank accounts. As the person "writing" the check, you get the account number and bank routing number from the bottom of your physical checks. This information is provided to the vendor to pay for goods or deposit funds for use. If you need to transfer money from one checking account to another online checking account, You can do this easily with an eCheck.

Step 1

Log into your online checking account. Enter the username and password as requested.

Step 2

Navigate to the "Deposit" section of your online account.

Step 3

Copy the account information from your physical checkbook. The routing number is the first row of numbers below. The bank routing number identifies the bank from which you withdraw funds. The account number is the second row that identifies your personal account number.

Step 4

Fill out the online deposit slip with the information you took from your check. The deposit slip should include the bank routing number, account number, name on the check and the amount you are depositing.

Step 5

Authorize the transaction with your "electronic signature". Electronic signatures vary from bank to bank, but are used to confirm that you are the authorized user of the account from which you are withdrawing funds.

Step 6

Confirm withdrawal from checkbook account and confirm deposit to online checking account. You can do this by calling customer service at either bank or checking your online bank balance.

Tip

It can take one to two business days for transactions to clear and show up in each account. The account that received the funds can show the money as an outstanding transaction until it is cleared by the other institution.

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