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ECS Archives - All About Finance https://taxclick.org/tag/ecs/ Sat, 02 Jan 2016 04:46:12 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 https://taxclick.org/wp-content/uploads/2021/11/favicon.png ECS Archives - All About Finance https://taxclick.org/tag/ecs/ 32 32 Electronic Clearing Services – faq https://taxclick.org/type/banking/electronic-clearing-services-faq/?utm_source=rss&utm_medium=rss&utm_campaign=electronic-clearing-services-faq https://taxclick.org/type/banking/electronic-clearing-services-faq/#respond Thu, 23 Jul 2015 18:30:00 +0000 Updated on 24/07/2015 Q.1. What is Electronic Clearing Service (ECS)? Ans : ECS is an electronic mode of payment / receipt for transactions that are repetitive and periodic in nature. ECS is used by institutions for making bulk payment of amounts towards distribution of dividend, interest, salary, pension, etc., or for bulk collection of amounts ... Read more

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