There are several ways to make a deposit or withdrawal at an online casino. You can use PayPal, cryptocurrencies and many others. However, you can also carry out your transactions using Echeck casino. This is a very useful means of payment that continues to attract more and more people. With this alternative, transactions are carried out using electronic checks, following a very simple procedure. Want to find out more about Echeck casino? Here’s everything you need to know about it!
This method was introduced in 2007. Since then, billions of paper cheques have been replaced by this new invention. The Echeck is an electronic check that is highly appreciated for its simplicity and speed. Data and information are recorded electronically, not manually. Once players have filled in the form and certain conditions, they simply click on “send” to have the money transferred to their online casino accounts.
Increasingly, Canadian online casinos that accept echeck is seen as a method with many advantages in online casino gaming. You no longer have to worry about the security of your transactions with this new system. And thanks to Echeck casino, you can play all the games offered by online casinos with ease.
Echeck’s instructions for use are multi-faceted. To ensure the success of your online payment processes, you need to know the following essential information:
For others, the speed of Echeck is still an open question. However, this payment method has already proved its worth in processing money transfer operations for individuals or companies within a short timeframe. In general, transactions should not take long. What’s important to note here is that after a transaction, your bank is obliged to verify the information linked to your transfer. This takes place within two days. Once your bank account turns green, this means that everything has been checked and is in order. In this case, the transfer to the recipient can proceed. However, a red bank account indicates that the transfer has been made incorrectly.
The gaming platform may allow you to continue participating in games within this 3 to 5-day interval. In fact, it can make unreal money available to you. This gives you the chance to resume your game immediately. This is a technique employed by many online casino games. There are, however, some limitations that you need to take into account if you want to take advantage of this solution.
Expenses related to payment by check are generally less expensive than other payment methods. So, to use Echeck casino, you’ll be faced with fees that are generally decent. You can spend up to $1.50 as an additional fee. This is half the cost of a simple bank transfer or conventional cheque.
There are no transaction limits when using Echeck casino. Depending on the financial institution where you opened your bank account and your country, you may be able to send a maximum of funds by check without providing proof. Normally, there are strict regulations governing checks. Note that when it comes to electronic check deposits, the casino Echeck is capped. This means that you need to prioritize two elements: the frequency and the amount of the deposit. With e-checks, for example, you have a maximum deposit of $2,000. The base capital is $10. What’s more, you can only make a maximum of 2 deposits in 24 hours. However, there are no payment limits, and you also have the option of negotiating for more benefits.
The first step is to make a purchase. To complete the transaction, it’s up to you to ensure that all security procedures are followed. After that, you can use a reliable platform to access your Echeck casino account. A system is in place to receive your rebate by e-mail, to avoid scams.
Secondly, to deposit funds at Echeck casinos, all you need to do is follow the same procedures as for a conventional cheque (paper cheque). However, with the evolution of digital technology, procedures are more digitized. This means you don’t have to waste time or incur exorbitant or unnecessary expenses. The advantage here over a paper check is that all the work is automated.
The next step is to check the payment details and amount. Then you can click on the ‘Submit’ button. To make a withdrawal, simply go to your online casino account and request a withdrawal of the amount you want. You will then be asked to verify your identity before confirming the transaction.
The benefits of using Echeck casino are numerous. These include:
- automatic deposits to your bank account;
- direct cash withdrawal through your bank account;
- no need for credit cards such as Visa;
- access to various real-money games (slots, bingo and more), etc.
The ultimate advantage of this payment method is that it offers a very attractive deposit limit. What’s more, it gives you greater security during your transactions.
Although Echeck casino is very beneficial, it does have a few shortcomings. Unlike credit cards, Echeck casino is not accepted by all online gambling platforms in certain countries. Compared with Echeck casino, transfer operations carried out by Visa or iDebit, for example, are even faster. This is due to the fact that the various cheques have to be processed in a similar way to conventional cheques.