Did you know that some players prefer using eCheck as a payment option at online casinos? Many might wonder what the difference is between eCheck and other payment methods. In this article, we’re going to cover what are the benefits and drawbacks of using eCheck to deposit and withdraw at online casinos and what makes the eCheck payment method a trusted and secure option.
What Are eCheck Casinos?
Casino online gambling is a favourite pastime for many people. It provides them with flexibility and the necessary privacy to play casino games from the comfort of their homes. Almost all online casinos are adding more and more payment methods to make it extra convenient for their players to deposit and withdraw their money. While all online payment methods are tested and safe to use, we’re going to go into the details of the eCheck method.
The eCheck casino method is not available on every site, and online casinos that accept eCheck are not easy to find. If that is your preferred payment method, it is good to know that it exists as an option in some casino sites. So, what exactly is an eCheck casino? Simply, eCheck casino is a casino that accepts electronic checks as a form of payment at online sites.
Difference between eCheck and Paper Check
The only difference between eChecks and paper checks is that eChecks are in electronic form. The fact is that using eChecks is one of the most convenient payment methods, despite not being available in many online casinos. eChecks are directly connected to the person’s bank account and function exactly the same as standard bank checks.
Online casino players can safely use eChecks for depositing and withdrawing at casino sites if their bank allows them to do so. What makes eChecks a solid payment option is that there are no expensive processing fees for the online transactions processed with this method.
Pros & Cons of eCheck Casinos Canada
Pros
- Fraud prevention and increased security
- Banking information is safe
- Easy-to-use payment method
- Bigger control of money
- Safe transactions
Cons
- Time-consuming and rare banking method
- Long verification and identification process
- Not available in many countries
- eCheck withdrawals limited in some casinos
- Unknown fees and charges may occur
Depositing in eCheck Casino Canada
Using the eCheck method to make a deposit in an online casino in Canada is a very simple process. It is a very trusted and secure option to do so too. You can make deposits and withdrawals and, at the same time, protect your personal bank details.
Here are a few steps to follow:
- Find reputable online casinos that accept the eCheck payment method
- Fill in the necessary personal information
- Confirm your eCheck casino Canada registration
- Go to the cashier section of the casino
- Select the eCheck option and enter the amount you wish to deposit
Keep in mind that your funds will remain unverified between 24-48 hours until the casino site gets notified of the transaction and checks your bank account number and bank routing number.
If all data is correct, your payment will proceed. If there are not enough funds on your checking account, then your eCheck will bounce in the same way as paper checks.
This process is the casino’s way to prevent fraud and withdrawal of winnings before a player’s deposit lands on the online casino`s account.
How to Make eCheck Casino Withdrawals
It is worth mentioning that eCheck casino withdrawals are much slower in comparison with other withdrawal methods. This is because before withdrawing money, the online casino has to check and verify your bank account and ID.
Some online casinos require filling in forms, and sending scanned documentation with a picture or any identity proof. After the casino receives your documentation, they will thoroughly check whether rules and requirements were followed, wagering requirements are met, and inspect other things before sending you an eCheck.
All of this may take a while, which is why casino players do not use this withdrawal method that often.
eCheck Casinos Canada Bonuses
Using eChecks as a payment method may bring you some good bonuses in specific Canadian online casinos. Online casinos encourage players to use eChecks because this payment method is very easy for the casino to process.
That is why some casinos offer good welcome bonuses and free spins to players who choose to use the eCheck banking method.
Check out the Top Quality Casinos
The Top Advantage of eCheck Casinos
Simple. The main advantage of playing in eCheck casinos is that you do not have to use your bank card to play for real money at online casinos. You can deposit straight from your bank account at an online casino account, and withdrawals also go directly to your bank account.
Safe & Secure. The money transfers are safe and secure, although you may have to wait for your money to be transferred into your account.
Drawbacks of eCheck Casinos
Slow. This is the main reason why casino players avoid using eCheck, the method is not as quick as other payment methods. Similar to traditional checks, electronic checks also need clearing before the money is transferred into Canadian online casinos’ accounts.
Limits. First deposits with eChecks usually have low limits. In addition, casinos that accept eChecks are rare to find as most players use faster methods for making their casino payments at a casino site.
To Conclude: eCheck Is a Safe Method to Use in Limited Casino Sites
eChecks are still used as a form of payment by a number of online players. When playing at online casino sites, people who prefer traditional banking methods use eChecks to avoid inputting credentials from their credit or debit cards online. Unlike paper checks, electronic checks come in virtual form and are simple and easy to use.
The good news is that the transaction is safe with this method because public-key cryptography and bank routing number are used, requiring many checks and verifications.
Another good thing is that the best eCheck casinos offer eCheck bonuses and an eCheck casino deposit bonus for players, which attracts some players to use this method.
Not sure if the eCheck option is the way to go. Check out the other top casino payment methods.
