While eCheck casinos may not be widespread as far as the online gaming industry is concerned, they’re certainly a popular option when available. The main reason for their popularity is that eChecks don’t require pre-payment, and instead allow casino players to make deposits/withdrawals directly from their bank account. In other words, the name pretty much says it all in that you’re writing an electronic check to fund your casino account. You can read on to discover the finer points of using eChecks, as well as their main benefits.
How eChecks Work
The first step to using this payment solution is logging onto your eCheck casino account, then selecting the eCheck option in the deposit/cashout section. The online casino will then prompt you to fill in the eCheck details, which is made a lot easier by looking at a paper check from the pre-existing bank account you want to use. You’ll have to type in your checking account number and routing number for the details, and once you’re finished, the check will be authorized (assuming you have sufficient funds in your bank account). It’s also quite easy to withdraw money from a casino account using an eCheck since your bank doesn’t need to verify anything.
Where are eChecks used?
There lots of different countries that can use eChecks at online casinos including Australia, Austria, Bulgaria, Czech Republic, Denmark, Finland, France, Germany, Greece, Holland, Hungary, Ireland, Italy, Norway, Portugal, Romania, Spain, Sweden, Switzerland and the UK. Due to the strict requirements on what transactions United States banks can accept, eChecks are no longer an option for American casino players.
The obvious advantage to eCheck casinos is the convenience factor since you only need your bank account details to make transactions. This saves casino players from having to pre-fund a third party payment processor before making a deposit. In addition to this, the aforementioned ease of withdrawing money is also a major advantage to eChecks. In most cases, you won’t have to pay any fees to move the money since you’re not going through a third party. But despite the convenience factor and lack of fees, some people may not be comfortable entering their bank account details on an online casino – despite the fact that, in reality, there’s little risk involved.