eChecks are instant electronic cheques that you can use as an online payment method. Instant 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.
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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 your 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.
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 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. 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 make 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. It does not mean that you would need to give out any of your personal online banking information or any other personal information, that would make eCheck non-safe.
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 familiar and straightforward 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.
Why should I use eCheck instead of PayPal?
This one’s easy: Canadians can’t use PayPal for gambling. Paypal deposits and withdrawals are currently available only for UK residents at a couple of the biggest online gambling sites. So when it comes to choosing between eCheck vs. Paypal, there’s no choice at all.
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 in your bank account. If a transfer fails because your balance was too low, you will be charged a fee of around C$30.
Which online casinos accept electronic checks?
Despite the fact that eCheck is a popular real money payment method in Canada’s online casino scene, not a whole lot of operators have picked it up. However, the ones that have are the cream of the crop. Supporting eCheck money transfers only underlines the quality.
PartyCasino is one of the top casinos with eCheck support. They’re serious about making the transactions fast and smooth, and they don’t disappoint. They also support other various banking methods, such as credit cards and e-wallets. Not only that, they offer an excellent choice of various casino games. You can play slots, live casino, blackjack, roulette and even their own jackpot slots. At PartyCasino you’ll also find jackpots that you won’t find anywhere else. One of our favorites is Melon Madness, for which you’ll also get free spins.
Also, Spin Palace, Guts, and JackpotCity have upped the ante, and have brought eCheck for one of their casino payment methods. All of them are quality online casinos with a superb selection of games. Of the three, JackpotCity offers you the biggest bonus, while Guts also provides sportsbook and poker if you’re a sports betting or a card man.
How much can I deposit at an online casino?
There are limits to how much you can deposit with one cheque and other various deposit options. These limits 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.
eCheck Advantages Compared to Paper Cheques
If you’re still a traditional checkbook user, it’s easy to advise you to switch to eCheck. It comes with major upgrades across the board.
- eCheck transfers are a lot faster
- No fees for casino deposits
- You don’t need your physical checkbook
About the last point above: I don’t know about you, but back in the days when I used to use physical cheques, I had a torrid time with my checkbook. As a highly unorganized human being, I misplace it on more than one occasion. With electronic check, there is no such worry, as everything is on my Macbook.
How long does it take for eCheck to clear?
With eCheck transfers, you’ll get the processing time down by quite a bit compared to traditional paper cheques. They may take up to 10 business days to clear, but electronic check transfers cut that time way down. With eChecks, you’re looking at a completed transaction in 1-3 business days. Also, you’ll get your eCheck casino transfers without fees.
As a bonus, when you use an eCheck to fund your casino account, some casinos eliminate all waiting. They’re cool with letting you start gambling as soon as the eCheck is on its way, so you get to play before the check actually clears. This makes eChecks an instant deposit method at online casinos. When cashing out, you still have to wait the normal 1-3 business days for your funds.
Best bonus for eCheck deposits in 03 2018:
C$500 welcome package of two 100% bonuses