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E-Check (or echeck)
E-Check payments are ACH payments that originate via the internet, telephone, point-of-sale (POS), or bill payment sent through the mail or unattended lockbox. For mail and lockbox...
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Consumer Account
An account held at a development financial institution (DFI) which has been opened by a natural person and is used for personal needs.
Related Terms
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Surcharge
A surcharge is an extra fee that’s added to the regular total amount.
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