eCheck Casinos in Canada 2021
What do you think of eCheck as a payment method in online casinos? Would you like to use this method, but you are not sure where to start? In this in-depth guide, you will find more information about this specific form of checks. eCheck, also known as an electronic check , is a payment method that uses an electronic transfer of money. It appeared in the 1990s with the emergence of the Internet. Nowadays, it’s offered as a payment method by a wide range of online casinos. Of course, this is just one of the many casino payment methods out there, but it’s good to know that it’s among the fastest and most convenient ones. Keep reading if you want to learn more about this interesting payment option used on gambling sites.
eCheck Casino
- Found on many casino sites
- Fast transfers
- An electronic payment method
- Low (or no) fees involved
eCheck: How it works!
Simply put, an eCheck is an electronic version of a classic paper check. But, instead of physical contacts between the parties involved and signatures, this electronic check allows users to complete transactions over the Internet. By using this form of payment, users will save a lot of time and ultimately protect our planet (no paper will be wasted). You can use eCheck in dozens of countries around the world. If you want to use this payment option in an online casino , you’ll need a real bank account. Sending and receiving funds in this way is finished in a matter of minutes.
Payment procedure with eCheck
You don’t need special knowledge or experience in the field of banking to use eCheck in online casinos. The following is a step-by-step guide that will help you use this payment procedure on casino sites.
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Open a bank account.
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Find a casino site that accepts eCheck and select it as a payment method.
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Enter your full name, bank routing number, bank account number, and bank name as well as the amount you want to withdraw or deposit.
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Your bank will issue an eCheck to the casino (or to you).
Just like in the case of cryptocurrency, eCheck is a payment option that’s processed instantly . The online casino where you are registered will not spend any time checking the information you've provided. However, you will still have to wait for your bank to process the payment. In any case, this is a secure and relatively fast method.
eCheck: You need this before your first payment
Many people rely on eCheck when they want to play live casino games, ordinary online casino games, or when they want to buy items online. You can do this too, but before you get involved in transactions like this, you’ll have to create a bank account if you don’t have one.
As you are probably aware, every person of legal age can open a bank account. The process is completed fast and in some cases, it can be done online. Choose your bank wisely because not all of them are the same. This is important because it can affect your experience in online casinos. Try to find a bank that promises fast transfers of funds via eCheck and one that lets you use your funds on online gambling.
Of course, to make things work, you will need some real money in your bank account. They are transferred to your eCheck directly once you are ready to use them. Everything is completed electronically with the help of your computer or mobile device and a good internet connection. If you have the funds, find an eCheck casino, make a deposit, and play your favorite casino games right away.
Pros and Cons of eCheck
Advantages of eCheck
The truth is that people can reap a lot of benefits by using eCheck in reliable online casinos. If you are not sure what these benefits are, there’s a list below that will highlight them. Remember that every player should do their homework and compare casino payment methods before they select the one that suits them.
- Easy to use – Literally anyone can start using eCheck in online casinos or any other place where this payment method is accepted. To use this option, all you have to do is to type your info (name, bank account, and routing number) and that’s it. So, in a way, eCheck works like credit cards.
- Fast transfers – With an eCheck, you can expect fast transfers of funds in casinos. Most of these sites will process an eCheck casino deposit . The same goes for the withdrawals, but you will probably have to wait for a few working days for your bank to complete the transfer.
- Low (or no) fees – Every eCheck casino has a unique policy. Yet, if we take a closer look at their policies related to this specific method, you will notice that the vast majority have no fees or very low fees for this kind of transfer.
- Available on many electronic devices – Almost all desktop/laptop computers, as well as mobile devices (smartphones or tablets), can be used to transfer funds in this way. Casinos that accept eCheck as a payment method are usually mobile-friendly
- Very secure payment method – As we said before, this is a very secure payment method. Every eCheck online casino vouches for the safety of transfers. You will share just a few pieces of information that are encrypted and safe.
Disadvantages of eCheck
The disadvantages related to eCheck are just indirectly related to this method of payment. Namely, the fact that only some online casinos are accepting eCheck can be considered a downside. Another disadvantage that might occur is the withdrawal processing time. Sometimes, it can take up to three or more business days for these transfers to get processed by the player’s bank.
How long does a withdrawal with eCheck take?
The processing time of money transfers in online casinos plays a very important role in the overall gaming experience. When it comes to eCheck, we would like to mention that the deposits made with this specific method are usually processed right away . This makes sense because as we have mentioned before, this method works in a similar way to credit card payments.
The situation is a little bit different when it comes to withdrawals. By analyzing eCheck online casinos, you will notice that most of them say that they will process withdrawal requests in 24 hours . That’s quite fast compared to some other payment solutions. However, the total time needed for these funds to become available to your bank account depends on the financial institution that you have selected. Generally speaking, it takes between 2 to 5 business days to finish this process. On the other hand, the good news is that the fees are usually low. Typically, you don’t have to pay anything for depositing eCheck funds on a casino site while withdrawing funds in this way comes with a small fixed sum applied to every transfer.
Top 5 Online Casinos that accept eCheck
eCheck is not something new on the market and that’s why many online casinos have started offering this payment method. To get the most from online casinos that accept eCheck, read our Top 5 comparison list. Become a registered member of any of these casino sites for the best results!
eCheck Casino: Frequently asked & answered
eCheck is not something new on the market and that’s why many online casinos have started offering this payment method. To get the most from online casinos that accept eCheck, read our Top 5 comparison list. Become a registered member of any of these casino sites for the best results!
Yes. Every player that has a bank account and access to the eCheck service can make deposits in online casinos that accept this payment method. The same goes for players who want to use this option to withdraw the money they’ve won while playing casino games.
While it’s true that you might be able to find more secure payment methods on casino sites, it’s also true that this is a very safe and secure method too. The best eCheck casinos are offering encrypted transfers to their users. This is an electronic process that’s completed very fast.
No. But, the fact is that there’s no universal payment method that’s accepted in every online casino. You might have to do some research, but you will find dozens of well-established and reliable online casinos where you can use this payment option.
In theory, you can use all the funds you have on your bank account via eCheck. However, just like any other payment solution offered in online casinos, this solution is limited in terms of deposits and withdrawals. These are universal limits used on other payment options too and depend on the casino’s policy.
No. You won’t be able to find any special casino bonus linked to eCheck. However, the general casino bonuses like first deposit bonuses or loyalty bonuses offered on many gambling sites can be used with the help of eCheck too.
Almost any old or new online casino will require a fee for using almost any payment method. eCheck is not an exception although it’s possible to find casinos without these fees. The good thing is that in most cases, these fees are small and fixed .
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