One of the easiest ways to make a deposit at an online casino is by using an eCheck. This page will help you understand what an eCheck is, how to use one, details about the safety and security of using one and other important information. Keep reading below to learn more.
What is an eCheck?
An eCheck is just like a paper check that you use to pay your electric bill, house payment or rent, but it is processed completely electronically instead of by hand. More and more paper checks are being processed electronically every day so this is a natural progression. When you use a check locally more often than not it is scanned or a picture is taken of it and sent to the bank. The check is usually destroyed after the payment has cleared.
When you use an eCheck the money is taken from your bank account and deposited into the bank account of the casino where you want to play. Depending on the casino’s policy and the amount of your deposit, many casinos will instantly fund your account so you can start playing immediately. You won’t be able to make any withdrawals until your eCheck clears though.
How to Use an eCheck
To use an eCheck simply log into the casino cashier area of your online or mobile casino and choose the eCheck option. Fill in the details including routing number and account number and the amount you want to deposit. You may need to enter a check number, a name and address if for some reason it doesn’t match the information the casino has and what type of account you are using. If your name and address do not match there is a good chance your deposit will not be approved, so keep this in mind when signing up for your account.
The routing number is usually the first set of numbers on the bottom left of the check and is nine digits long. The account number is usually the next set of numbers to the right of the routing number and varies in length.
Are eChecks Safe?
eChecks are one of the safest methods to send and receive funds with your online casino of choice. The bank receives the details and sends the money directly to another bank. There aren’t any intermediaries that can get your information or steal the money. However you need to be aware of the fact that anyone who has your name, address, routing and account numbers can make checks that will be drawn on your account. They will have to forge your signature, but this can create problems for you if the details fall into the wrong hands. You can print checks with this information easily and the software and check blanks are readily available. So make sure you are dealing with a reputable online gambling establishment and make sure you are on their secure web site when you are entering your payment details.
One of the safest ways to transfer money into online casinos involves setting up a separate checking account only for your online play. There are still plenty of free checking options if you take the time to look around, so there is no reason not to try this method out. By having an account that only is used for your online casino play you can control exactly how much risk you have. If you only want to deposit $100, then just put $100 in the account and send the money using an eCheck. That way even if the worst possible thing happens and a thief gets involved in some way, you can only lose the $100.
Where Can You Use an eCheck?
More and more casinos are accepting eChecks for their deposits every day. With the ever changing laws and banking regulations dealing with online gambling, casinos are always looking for new ways for their players to get money into the casino. Just about every player will be able to find at least one or two ways to make a deposit, but it is always good to have more options available. You can find out if your casino accepts eChecks in the cashier or deposit section of the software.
eCheck Casinos Conclusion
eChecks offer another safe, fast and convenient way to make a deposit at most online casinos as long as you have a checking account. Make sure you keep your information safe, but if you use the separate gambling checking account method mentioned above you will limit your risk as much as possible. Different jurisdictions handle and view gambling transactions in different ways, but don’t take the chance and tell the bank what your new account is for. Just tell them you need it to help keep your finances straight or something else. It really isn’t any of their business what you do with your money anyway.