An electronic version or representation of a paper check. The account holder writes an e-check using a computer or other type of electronic device and transmits the e-check to the payee electronically. Like paper checks, e-checks are signed by the payer and endorsed by the payee. Rather than handwritten or machine-stamped signatures, however, e-checks are affixed with digital signatures. The payee deposits the e-check, receives credit, and the payee’s bank clears the e-check to the paying bank. The paying bank validates the e-check and then charges the check writer’s account for the check.