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What are the advantages of doing an online Funds Transfer (eCheques)?

Let us take a look at the comparison table for a better understanding.
(for Inter A/c transfer)

 

Payment systemSpeedCostEffortPortabilityAcceptanceSecurity
CashLowHighHighLowHighLow
ChequeLowHighHighHighHighMedium
Money orderLowHighHighHighHighHigh
Telegraphic (or wire) transferHighHighHighHighHighHigh
ICICI Bank eChequeHighLowLowHighHighHigh