eCheck Review
eCheck is a shorthand for electronic check, and it’s just that: a check that is electronically processed. It is a popular payment method for online gamblers from around the world, especially gamblers from the US and Canada. The main benefits of sending or receiving an eCheck is that the only thing you need is a valid checking or savings account.
eCheck Casino Authorization
Before you can make deposits to the eCheck casinos listed below here, you have to authorize the casino to complete your eCheck transactions. This is done by going to the cashier of the eCheck casino and filling in the authorization form. When the form is filled in the casino sends you a voided check to confirm the authorization process. This is a one-time deal and afterwards you can make eCheck payments to and from the online casino without any additional requirements.
eCheck Casino Deposit
The most easy and commonly known way to send eChecks, is by using the online banking interface of your checking or savings account. All you have to do is fill in an online form with the correct details of the eCheck casino and the amount you want to deposit. When you go to the cashier of the eCheck casino and select the right payment option, the necessary details are already filled in. You just complete the form with the amount and your personal details and hit the send button.
Some people like to use an e-Wallet account to send eChecks. This can for example be done using the popular payment method PayPal. If you already have a PayPal account, doing so might be handy to keep all your transactions centralized on one single account. If you don’t already have a PayPal account, signing up for one would only be an extra step that provides no further benefits.
Most eChecks casinos like to speed things up and don’t wait for your eCheck to be cleared. As soon as they receive the eCheck your casino account will be credited. If the eCheck casino for some reason does choose to wait for clearance, the time you have to wait differs from country to country. eChecks sent from US bank accounts are processed within 3 to 4 business days. Gamblers from the UK, Australia, and Canada have to wait a little longer. These eChecks take about 7 to 9 days to clear.
Withdrawing Your Winnings
Some eCheck casinos also allow you to withdraw funds using this payment method. Having an eCheck sent to you is a relatively quick and extremely cheap way of withdrawing funds. The processing time for a withdrawal depends on the country the bank of the online casino is in, but usually takes about 7 to 9 days. The minimum amount you have to withdraw is usually around $250, but withdrawals made using an eCheck are almost always free of charge.
