Playing at an online casino for real money requires a player to deposit money into their casino account. Depositing money online can be a tricky affair thanks to the security issues involved. There are a number of reliable online payment methods that are available to players today, and one of them is an eCheck.
Simply put, an eCheck is an electronic check as safe and as reliable as its paper counterpart. That it is a reliable mode of online payment is apparent from the fact that it is recognized as a legitimate payment method by the Treasury Department of the United States of America. What this means is that a person can use this method to make even large payments online.
An eCheck works just like the standard paper check. It is a good option to use if you are planning to transact large volumes of cash, be it depositing or withdrawing funds from your online casino account. However, this may not be a great option if you are a player from the USA, due to the country’s anti-online gambling laws.
To make deposit using an eCheck, you have to have a checking account, usually. eChecks are preferred by most people because they are ideal if you are looking to avoid fraud. Additionally, you can use them from not just a computer, but also a range of other applications, both hardware and software. The use of sophisticated online technology and security measures like digital signatures and also 128-bit secure socket layer (SSL) encryption ensures that all transactions are secure and safe from being targeted by malicious elements.
countries and territories supported by echeck
Unfortunately eChecks do not cater to players in every country in the world. It is, however, accepted in the following countries:
- Dominican Republic
- Hong Kong
- New Zealand
- South Africa
- Trinidad and Tobago
- United Kingdom
how does an echeck work?
eChecks are popular because they are easy to use and completely secure. You can use an eCheck just like a regular paper check. When you opt to make a payment using an eCheck, you just need a bank account, usually a checking account. You do not need a debit card or a credit card to transact using an eCheck.
The next step is to go to the banking page of the casino and click the eCheck link. Then, fill out the form with the required information, such as your account number, routing number, name of your bank where you have an account, and more. Next, enter the amount you wish to deposit into your casino account.
The casino will then submit a request to your bank to transfer the amount mentioned by you into your casino account. If your bank account has sufficient funds, the given amount is transferred to your casino account. This amount is then made available to you once the casino has deducted any eCheck processing fees that may apply.
While eChecks aren’t always the most preferred options among players, many like it because of the way it makes online transactions easy and simple to make. Not only that, it reduces the processing time compared to a regular paper check. Usually, it takes about three to five days for money to be transferred from a casino account using an eCheck. The amount is debited from the account quite fast, usually within 48 hours; however it can take up to three to five days before you can use it.