eChecks are instant electronic cheques that you can use as an online payment method. eChecks are used in much the same way as paper checks, but they can be “written” and transferred online. This allows for a full online transaction and payment system.
When used to fund gaming, your funds will be transferred instantly from your bank account to your online casino account for a deposit. When you withdraw, the funds go directly from you casino account to your bank account.
eChecks are available to Canadian online casino players. They are a popular choice for casino transactions due to their security, simplicity and speed of transactions.
- Payouts processed in 48h
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Is eCheck Safe?
Using eCheck is a safe and secure way of transferring funds to and from your online casino account. It’s at least as safe as using something like bitcoin transfers and definitely beats using your bank card.
Just like with paper cheques, each eCheck has a digital fingerprint which allows it to be tracked and acts to prevent fraud.
In addition, before you can use eCheck at online casinos you will need to provide personal and financial information. You also need some form of identification (such as a social insurance number or drivers’ license). This helps to protect us customers from fraud and also protect the online casino from insufficient funds charges (NSF).
When you first begin using eCheck there will be a limit placed on the number of cheques you can send within a set period of time. The limit is often two within 48 hours. Once your first cheques have cleared without any problems, the limit will most likely be lifted.
How do I use eCheck to deposit and withdraw
In order to use eCheck to makes deposits or withdrawals at an online casino you will need to provide the casino with your personal and financial details. This will include your name, address, checking account number and routing number. You will also need to provide identification.
eCheck is simple to use. Most people are familiar with writing paper cheques, and the similarity between writing paper ones and using eCheck makes this a simple and familiar payment method to use.
Visit the cashier section of the online casino and click on eCheck (sometimes listed as “Insta Check”) as your payment option. Instead of writing out a paper cheque, you will need to fill in the online form and submit it.
As long as your bank account has sufficient funds, the money will be transferred to your online casino account immediately. This means that by using eCheck you don’t need to wait around, and can instead start playing at once.
eCheck is as fast as using VISA or Mastercard or InstaDebit.
This same method can be used for withdrawing funds from your online casino account and transferring them to your bank account. The funds are sent via the same system.
Fees and transaction limits
Using eCheck is free. Any transaction fees are charged directly to the casino, not you.
The only case where using eCheck costs something is if your transfer fails because you didn’t have enough funds on your bank account. If a transfer fails because your balance was too low, you will be charged a fee of around C$30.
There are limits to how much you can deposit with one cheque. These depend on the casino and how long you’ve been playing there (the longer you’ve played, the higher the limits). Typically minimum is around C$20 and maximum $C2,000.
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