The bank of America is provides electric check for to pay online bill. TeleCheck Electronic Check Acceptance is the industry’s most sophisticated check acceptance system.

With two options, Verification and Warranty, candidates are able to accept more checks with greater safety and protection.

The Verification solution screens checks against information from hundreds of thousands of businesses and financial institutions, minimizing the risks associated with check acceptance.

Benefits include:

Improved cash flow due to faster funding
Reduced number of trips to the bank
Reduced bank fees and processing costs
Streamlined back-office information

Features of TeleCheck ECA include:

Verification option

Instant verification of check reduces the risk of fraud
Electronic conversion at the point of sale
Transaction processed through the Automated Clearing House (ACH)

Warranty option:
Funds deposited into your bank account in a timely manner
Simpler reconciliation
Check-writer support (services prodided by Telecheck®)
Access to extensive check-writer negative and activity databases for up-to-date check-writer information

Bank of American electric check brochure for verification