Despite the fact that online payment methods have greatly evolved and improved over time, a substantial amount of players still feel very anxious when using online banking methods such as web wallets and credit cards and, as safe and secure as the web has become, some players still prefer to avoid using the web altogether when depositing or withdrawing money. Indeed, if you’re one of the hundreds of players who would prefer bypassing online payment methods completely and feel like you need a little help or advice about the ins and outs of banking with checks and bank drafts, our Check Casinos reviews should be of some guidance to you.
Checks are bills of exchange which are used to transfer money from an individual/business to another individual or business. Each check is assigned with monetary value by the person who owns the check book. In order to obtain a check book, every individual needs to apply for one at their bank of choice. On each of the check book’s sheets, there’s typically the name of the bank, the check book number as well as the individual’s bank account number.
In order for one to issue a valid check, specific fields that need to be filled in by the bearer. These include the date, the amount that is to be transferred from one individual/company to another in both script and numerical formats and most importantly a signature. Once the mandatory fields in a check are filled out, signed and given to the payee, he/she must pay a visit to the bank in order for the check to be processed. Most banks will generally ask for some form of identification prior to processing a check. Hence, it’s always important to take an identity card, passport or driver’s license with you in order for the check to be processed.
A check differs from a bank draft in the fact that the money the check is used in lieu of belongs to you personally and will be withdrawn directly from your account. On the other hand, the money in a bank draft belongs to the bank and should you want or need one, you will need to pay extra for it. Unlike a traditional check where money is taken directly from one’s account, when making use of a bank draft, the bank will pay the required amount and then redeem the funds from your account at a later stage (much like the method employed when using a money order). Both forms of payment take more or less the same time to process, usually within 5 – 10 banking days but the advantage of a bank draft is that it’s more widely accepted as it is almost impossible to forge.
No matter if you’d like to place large bets on a Blackjack table throw dice on a Craps online table or bet on the curiously captivating spinning wheel of Roulette, you needn’t worry about having to make a trip to the land of Sin. As a matter of fact, you’ll be able to play all these casino games (and many, many more) at your online gambling site of choice! Basically, depositing your bankroll is as easy as taking out your check book from your drawer and depositing your bankroll by check (or any other online payment method of your choice). Below are a few reasons to use check as a casino payment option.
The first thing you’ll need to do prior to playing at a Check Casino is to sign up to one of course and then head to their deposit page. You’ll then need to select check as a payment option.
Next, all you need to do is write out the check to your online casino of choice. In order to do this, you’ll need to put in a date, name and the sum of money you’d like to transfer. Once you’re done, you’ll probably be asked to mail the check to a payment processing center rather than directly to the casino’s headquarters. We recommend having a word with the casino’s support staff to let them know that a check is on the way.
After you’ve mailed it, all you’ll need to do is wait for the money to be processed by the gambling site. Once it has it will appear in your online casino account.
Provided that you’re lucky enough to win a handsome amount at your online casino of choice you’ll typically be able to withdraw via check. If this is indeed the case, simply head to the casino’s withdrawals page and choose the amount you wish to withdraw. After decided whether or not you want it sent by normal post or better still, whether you want it to be couriered. Couriered checks usually arrive at their destination a little quicker, and the method is much safer than that employed for normal post. However, the prices of courier services vary considerably depending on your location. The important thing to remember is that while you will always have to pay for the check’s delivery, the fee is usually deducted from your withdrawal amount.
On receiving the check, it’s of primary importance to remember to cash it as soon as possible. Bear in mind that a check will need to be processed within a certain amount of time, otherwise you won’t be able to cash it once a certain amount of time has elapsed.
Although check is one of the simplest forms of payment out there, problems such as lost checks in the mail or unprocessed checks etc. do occur some times. Provided that this unfortunately happens to you, all you’ll need to do is call your bank to have them look into the issue. Moreover, you’ll also be able to contact the online casino’s customer support personnel to help you out with the issue too.
In comparison to online casino payment methods such as PayPal, Mastercard and Visa, depositing by check is quite slow. The amount of time it would typically take for the funds to be deposited or withdrawn namely depends on two factors; how long it takes the online casino to receive the check in the first place and how long the personnel take to deposit the amount. Generally speaking, checks will normally take 3 to 6 business days to be cleared. However, this can even take over a week, especially if public holidays fall on business days.
Processing fees for depositing your bankroll via check are extremely rare. However, if an online casino does in fact charge a transaction fee, they usually display their fees on their deposit page.
Yes, alternatives include Western Union, Bank Draft, Instant Banking by Citadel and bank wires. Provided that you’d prefer to find an online casino which supports one of these alternative payment options, you should head to our Western Union Casinos page, Bank Draft Casinos page, Instant Banking page or Bank Wire Casinos page.
Some of the most popular alternative payment options instead of check are credit/debit cards and e-wallets. As e-wallets, PayPal, Skrill and Neteller are come highly recommended. In regards to credit/debit cards, you’ll find that Visa, Mastercard and Amex are the most popular.
A check differs from a Bank Draft in the fact that the money the check is used in lieu of belongs to you personally and will be withdrawn directly from your account. On the other hand, the money in a bank draft belongs to the bank and should you want or need one, you will need to pay extra for it. Unlike a traditional check where money is taken directly from one’s account, when making use of a bank draft, the bank will pay the required amount and then redeem the funds from your account at a later stage (much like the method employed when using a money order). Both forms of payment take more or less the same time to process, usually within 5 – 10 banking days but the advantage of a bank draft is that it’s more widely accepted as it is almost impossible to forge.
Although online casinos that accept check as a deposit method are few and far between, there are in fact a few online casinos which cater for check users. And despite the fact that using checks isn’t as quick as other online casino payment options (such as credit cards or e-wallets), checks are favored by many online gamblers due to the fact that it’s a profoundly easy payment method to use. Here at CasinoTop10 we pride ourselves on having the cream of the crop in terms of Check Casinos. Just have a look in our toplist above and you’ll find exactly what you’re looking for.