We all use electronic clearing system (ECS). It is a service your bank provides when you need to transfer funds from one bank account to another electronically.
In fact, it comes handy when you want to make periodic transactions electronically, like when you need to pay your loan EMI. While, we use this service day in and out, there are a few things we need to keep in mind to make the most of this service. To know more, read on...........MORE
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