Ecoin is a payment processor designed basically for an exchange purpose between a real currency and a virtual currency. Ecoin is a electronic platform where customers are benefited by receiving wire transfers, Western Union and Webmoney transfers, checks and various e-currencies online. It acts as a mediator in funding or withdrawing your money from bank account to virtual currency or vice versa.
Money exchange at Ecoin is usually processed within 24 hours. Users can find fee structure for exchange here