Glossary term
ECS Bounce Fee
An ECS bounce fee is charged when an ECS mandate payment fails, typically Rs. 250 to Rs. 500 per instance.
Related terms
- ECS Mandate
An older electronic clearing service mandate.
Glossary term
An ECS bounce fee is charged when an ECS mandate payment fails, typically Rs. 250 to Rs. 500 per instance.
An older electronic clearing service mandate.
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