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How does ECS work?

ECS
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How does ECS work?

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Electronic Clearing Service (Debit Clearing) Scheme or ECS (Debit Clearing) as it is popularly known is a convenient, safe and economical way of collecting regular periodic payments from a large number of consumers, This service has been introduced. The ECS ( Debit Clearing) process takes 7 working days. The day to day process is given below assuming that the first day is a Monday.

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