A demand draft is an authorized payment from a customer, created by eDebit Direct’s software,
using the customer's bank account information. It is similar to a check, however no signature
is required and no paper check is required.
When can I expect the funds in my account?
We offer same day deposits with most major banks. If you do not have an account at
one of our same day deposit institutions, the average time from receipt of information to the actual
deposit showing on your account is 1-3 banking days. All checks received before 3pm (PST) Monday
through Friday are processed on the same day. All checks received after 3pm (PST) are processed the next
banking day. Friday after 3pm (PST) will be processed the following Monday, or Tuesday in the event
of a holiday.
How long will it take to sign up?
Once you complete the Sign Up form it can take as little as 24 hours to complete the registration process given that the paperwork is complete
and the business has been verified and all supporting docs have been submitted. We do our best to ensure that the process is quick and easy as possible.
eDebit Direct is a solution for businesses to accept check payments via telephone, fax or online.
We provide a secure online system for you to directly debit your customer’s bank account.
Funds will be deposited into your business bank account within
24 hours. The process is faster, cheaper and offers the business owner more protection
than any other check services, including ACH and Check 21.