One more point: The seller would need to provide their bank routing number and account number to the buyer so this transaction could be initiated. This may make some sellers nervous, but if you think about it that information is on the bottom of every check put into the hands of every person you write a check to.
Lastly, once the recipient of the funds confirms their info in the email from ING, it can take up to two business days for the funds to clear - which is faster than personal checks and even cashier's checks these days as banks have become hesitant to accept those as immediate collected funds.
Lastly, once the recipient of the funds confirms their info in the email from ING, it can take up to two business days for the funds to clear - which is faster than personal checks and even cashier's checks these days as banks have become hesitant to accept those as immediate collected funds.