eChecks are a popular betting deposit method, especially among U.S. and Canadian bettors. In order to make eCheck deposits, you’ll need an active checking account.
eChecks Betting Online Countries Accepted
In theory, eChecks are a viable deposit method for online bettors from any country, so long as said players possess a checking account. However, some online betting sites only accept eChecks from players in the U.S. and Canada. This is partially due to the popularity of the eCheck deposit method in those countries and the relative lack of alternative deposit methods for U.S. and Canadian players. View the Cashier, Banking or Real Money page of the betting site you’re considering to determine whether or not they allow eChecks in your country.
eChecks Betting Online Currencies and Languages
Generally, eChecks must be processed in the same currency that’s native to your checking account. For example, if your checking account is maintained in American Dollars, you’ll need to find an online betting site that accepts that currency in order to make a deposit using eChecks. eCheck deposits are most commonly made in American Dollars, Canadian Dollars, Euros and Pounds.
How to Use eChecks At a Betting Site
In order to use eChecks at betting site, you’ll first need to open a checking account if you haven’t already. Next, visit the online betting site with which you’re registered and visit the Cashier or Banking area. Click on Deposit and choose eChecks or Instant eChecks as your preferred deposit method. You’ll be required to enter a few pieces of personal information, including your checking account number and routing number. These numbers can be found on any of your paper checks.
After submitting the eCheck deposit, the funds will immediately be available in your online betting account. However, the eCheck may not actually clear to the online betting site for five or more business days. For this reason, it’s important to wait until you receive confirmation of the eCheck clearing before requesting a withdrawal.
Benefits of eChecks
One of the biggest advantages of eCheck betting deposits is that they’re extremely secure, as they rely on the encryption technologies employed by your bank. This usually involves a combination of 128-bit SSL encryption and ID verification. In addition, eChecks are among the fastest deposit methods available, since they become available in your online betting account immediately. eChecks are also ideal for online bettors that do not possess an account with a third party financial institution, such as an e-wallet service. Rather, eChecks only require you to hold an active checking account.
eChecks Betting Online Website Fees
The best online betting sites do not charge any fees to players who make eCheck deposits. However, it is possible that your bank may charge fees of its own for eChecks. These fees can vary greatly from one bank to another. In some cases, eCheck deposits incur a flat fee on each deposit. In other cases, a certain nominal percentage of your deposit amount will be taken as a fee. Some banks also charge an initial fee to individuals who plan to use their eCheck service.