Re: eChecks

rjn wrote:

JC Dill wrote: >

Every time you write a traditional check to somebody, ...

You give them a paper document bearing the RTN (Routing
Transit Number) and DAN (Depositor Account Number).
This is the same info, and all the info necessary, to create
ACH (Automated Clearing House) transactions.

If eChecks only require RTN & DAN, then a paper check
enables that.

Only use paper checks with trusted payees, and then only
when there is no alternative. Even though you may trust the
utility company, they can't read the minds of all their
employees.

Check with your bank or CU, and ask what protections you
have against unauthorized ACH transactions.

--
Regards, Bob Niland mailto:name@xxxxxxxxxxx
http://www.access-one.com/rjn email4rjn AT yahoo DOT com
NOT speaking for any employer, client or Internet Service Provider.

Defense is open a separate account for echeck use. Keep minimal money
in acct.
BTW I use E checks on a poker site. They asked for more than bank info
and sent an email which needed a reply.

Lou


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