What Are eChecks?
Using eChecks to deposit at an online poker room is actually very simple. When you decide to make a deposit, you give the exact same information found on your actual paper checks to the poker room of your choice and then digitally approve the payment. Using this data, online poker rooms can get in touch with your bank to complete the transaction. To make the process as hassle-free as possible, the eCheck-accepting poker rooms listed above will immediately credit your account with the proper amount while they deal with your bank to get the funds transferred.
Some players don't feel comfortable using eChecks because they have to provide an online poker site with their account number and routing number. However, this is the same information that is prominently displayed on the bottom of a physical check. Because of this, eChecks should be considered just as safe to use as a real check in regards to protecting your personal and financial information. Also, the reputable poker sites listed on this page protect the information using state of the art encryption technology and secure connections to safeguard all information.
How eChecks work
When you opt to send an eCheck, you are presented with
a virtual check that very much resembles the paper checks
you may have used previously. The eCheck comes with all
the notifications that can be found in a normal check including
the serial number, branch transit, institution ID and account
number. You will only have to enter the amount you wish
to send and the receiver’s name.
Using the eCheck option at online poker sites
Not all gambling sites have eCheck as a deposit option.
If you want to know if the gambling site at which you are
a member accepts deposits through eChecks, you can do so
by going to the banking page, where all the available banking
options are listed. If you can find eCheck as a deposit
option there, you can choose it as your preferred method
of payment by clicking on it.
Once you click on the eCheck option, you will go through
the usual procedures mentioned above of filling up the check
and sending it. The amount will usually be transferred within
7 days of time to the casino account.
Advantages of eChecks
One of the reasons why eChecks are preferred by many is
because of the fact that it is one of the most secure methods
of making a transaction over the net. Every eCheck transaction
is monitored by 128-bit SSL data encryption and ID verification
is also done to ensure the safety of the check. Also, an
eCheck can be made in almost any major currency and will
later be converted into the currency accepted by the casino.
An eCheck is traceable- at the end of each month, your banking
account issues a monthly statement notifying you about the
number of eChecks sent over the previous month.
Restrictions and precautions in using eChecks
There are some restrictions that you may encounter when
you choose to make deposits using eChecks at online gambling
sites. Many banks do not allow making transactions to online
gambling sites. If your bank is one of those, you will not
be able to use eChecks to make your deposits and will have
to look for an alternative method.
Another precaution should be taken while using eChecks
as deposit option- make sure that you have the sufficient
amount in your bank account when you send a check in order
to avoid a ‘bounce’. There are several penalties that are
imposed by online gambling sites if a check bounces and
some of them may even cancel your casino account.