.... to name a few.
Why eChecks for Online Gaming
Online casinos offer a convenient, safe, and fun way to play your favorite casino games from the comfort of your home. However, it can sometimes be a bit tricky to figure out the best way to fund a real money casino account. Credit cards aren’t always accepted, and even when they are, you may run up debt on your account. Standard checks are secure, but can take as much as several weeks to be cleared – if they don’t get lost on the way to the casino. One of the best solutions for Canadian players is the eCheck. An eCheck combines the safety and security of a standard paper check with the speed and convenience of electronic payment methods like e-wallets. This allows you to have the best of both worlds: a payment method that’s both fast and reliable.
How do eChecks Work ?
An eCheck is essentially an EFT – or electronic funds transfer – that works in much the same way as a traditional paper check. In order to access these services, a prospective user must register his/her banking information with the eCheck casino. This entails proving basic details such as the name of the financial institution where the checking account is held, the name on the account, the account number, routing number and check number. All of this information can be found on the user’s own paper checks, so there is no need to contact the issuing authority for specifics. Once registration has been completed, players may transfer funds directly from their standard checking accounts straight into the accounts of the eCheck casinos for instant access when wagering. The process provides the speed and convenience of a credit card deposit with the security of checking. Privacy and security are guaranteed by use of an identity code that is unique to each user’s computer.
Different Types of eCheck
Potential eCheck users should note that not all eChecking systems are created equal. For example, ACH eChecks make use of the Automated Clearing House (ACH) network—the same one used by the U.S. Treasury and other government agencies to transfer funds to and from major banks. For this reason, ACH eChecks are typically available only to holders of U.S.-based checking accounts, which may be disallowed for funds transfers with online casinos owing to restrictions of the Unlawful Internet Gambling and Enforcement Act (UIGEA) of October 2006. As of the most recent listing of ACH eCheck casinos in July 2012, only Costa Rica-based BetMax was still welcoming both deposits and withdrawals from players worldwide. GR88 Casino, which is licensed in Kahnawake, Canada, accepts only deposits and has barred players resident in the United States. Among eCheckUS casinos, Luck Club Casino and Intertops Red Casino, both running RTG software, both allow the service to be used for deposits and withdrawals and welcome U.S. players, except those resident in Kentucky. Meanwhile, Slotastic allows deposits but not withdrawals and similarly excludes Kentucky-based players. Lastly, there are over 149 casinos accepting deposits branded as "eCheck".
Canadian Casinos that Accept eChecks
At the moment, there are only a few solid Canadian online casinos that offer eChecks as a deposit method, the most prominent of which are Spin Palace and Royal Vegas. Both of these brands are reputable and trustworthy, with long histories of providing excellent service to Canadian players.
Spin Palace is powered by Microgaming software and an excellent option for players around the world – including Canadians, who are more than welcome to play for real money. You can even deposit and play in Canadian Dollars, which avoids any confusion over ever-fluctuating exchange rates with the American Dollar or the Euro. New players at the site can earn up to C$1000 free on their deposits, and eChecks are accepted from Canadian players. Royal Vegas casino also utilizes Microgaming software. The brand is known for their generous bonuses and their decade of experience in the online casino industry. Canadian players can deposit at this website using eChecks, as well as with a variety of other deposit methods. There’s also up to $1,200 in bonus available to new players who open accounts in the casino.
USA Facing eChecks Nearly Extinct
One of the more liberal eCheck casinos is located in Panama. Known as Betonline, it accepts eCheck deposits between $5 and $1,500 per transaction from players located just about anywhere, although it does list no fewer than ten rules that must be adhered to for access. However, this brand is the exception to the rule for the US facing market, which is seeing the near extinction of eCheck compatible casinos.
For example, the Rushmore, Cherry Red and Pure Vegas online casinos, all members of the Rushpod Investments NV group have discontinued the acceptance of eChecks for either deposits or withdrawals. In June 2012, Rome Casino returned to accepting eChecks for deposits after a brief hiatus caused by the UIGEA restrictions, but the option is currently unavailable as of May 2012, even for their most trusted "VIP players". Countless other casinos have dropped the option.
eCheck Alternatives for US Players
An alternative method of using eChecks for online casinos that do not currently offer the service is to fund an eWallet directly from a checking account. It introduces one extra step to the process of making deposits and withdrawals, but it serves the purpose of using EFT for transactions rather than credit cards or other methods that may have associated fees.
eCheck Casino Laws
If you're pondering making a wager online, we recommend that you brush up on applicable eCheck laws, by reading our comprehensive article first. We break down which provinces are legal and which aren't, all of this to make sure your eChecks won't be submitted in vain !
Advice from Professional Canadian Gamblers
Be sure to check out our advice and strategy articles that are prepared with ample feedback from industry experts throughout Canada. No matter what your favorite casino game may be, we guarantee that our expert editorials will help you beef up your overall play by teaching betting strategies, card counting techniques, game selection advice, and hundreds of other topics. At eCheckCasinos.ca we know that the more we help you win money in cyberspace, the more that you'll return for future tutorials. All that we ask in return is for you to bookmark our website and to tell your friends about us.
For more information about online gambling in Canada, feel free to click on any of the topics along the navigation panels. If your question is not answered by one of our expert articles or tutorials, please send us an email so that we can include it for future readers.
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