Using eChecks in online casinos
eChecks work very similar to paper checks, but they are faster and don't require you to fill out checks and to post them. It is simpler than you think!
You will transfer your funds straight does an electronic fund transfer straightforward from the bank account to your player account. This sort of online payment can be used for both withdrawals and deposits for online casinos
Once the transaction gets cleared by the bank, funds are moved to your casino account. This could take up to 2-3 days for the bank to clear the funds.
How does the eCheck Processing Function work?
The processing is somewhat similar to paper check processing, though quicker. Rather than physically filling out the paper check plus sending it to the online casino, they require to pay; nowadays, technology allows the process to happen electronically.
Depositing with eChecks
To use eChecks, you shall consider the first need to hold an account with the right bank. Make sure to check with the support agents if your financial institution can be used as the source for eChecks.Sign in to your casino account and select eCheck as your deposit method.
Enter the amount you want to deposit. You should use the same data you are using with your paper cheque, so handy to have your chequebook ready. Submit the details, and the deposit will be credited automatically.
Withdrawal via eChecks
Some might say that withdrawing cash from the casino is more important than depositing, and we tend to agree. Some withdrawal processes can take longer than others, and some withdrawal methods don't work at all n Canada, but with eCheks, you will always get your winnings.
eCheck casino deposits aren't the fastest out there, and their withdrawals usually take around 3 days as well, depending on how quickly the casino itself processes the payment.
Pros and Cons of eChecks
- Secure payment option
- Easy to use
- Free transactions or low transaction cost
- Not all online casinos accept eChecks
- You need your bank routing number
- Transactions can take up to 3 days