eCheck Timelines

[kbrio]

Hello! I received my first echeck payment yesterday April 27 and was notified via email that it takes 6-8 business days for the payment to clear. I noticed in the summary page that the status of the payment is "Pending until 30 Apr 2021". Should I wait 6-8 business days before the echeck gets cleared and would it be reflected on my account or is there something that I need to do to accept this echeck? Thanks!

[kernowlass · Accepted solution]

@kbrio 

Always wait for echeques to clear as they may fail if the sender does not have enough funds in their bank account to fund the payment.