Quote:
Originally Posted by KurtSF
They call it "bank transfer", stars calls it "echeck", your bank will call it "ACH". It works on the same mechanism as direct deposit paychecks.
I'm US and awhile back I tested an ETF from my "online" checking account
(separate checking account used solely for online purchases with a bare minimum balance) to FTP. In the past I had used this account for Neteller transfers. When FTP said they were taking eChecks, I gave one a shot just to see if my bank would "catch" it, post-UIGEA. They didn't.
After seeing these withdrawal posts, I clicked on withdrawal and have both Premium Bank Wire as well as a Bank Transfer option. Click2pay and check also. I've never withdrawn, but I'd assume they'd want copies of Birth Certificate, Photo ID and a utility bill to verify residence address. Maybe not as I've already "bank wired" to them?