Echeck stands for electronic check and a bank account is required to use this option for gambling deposits. With this option customers need to insert their bank account details along with a certain amount to withdraw and that amount will be deducted from their bank account. An echeck is just like writing a check except it is done online and is very simple to do taking less than five minutes. Consumers may use it for their gambling activities after processed. Echecks will, usually, clear within three to five business days.
In order for consumers to make an echeck deposit into their chosen online gambling website, they would need to do the steps below. But first each person using this option would need to ensure they have handy their own account number with the routing number and the check number. This will be needed during the process of depositing with echecks.
Customers need to have a check on hand when making a gambling deposit with the echeck option. There will be three numbers that are important to take heed of when making the deposit successful. Those three numbers would include what is seen below.
The routing number to their bank – This is the very first number shown on the bottom left of the check circled in blue on the image below.
The account number – This number is provided on the check to reflect one’s own checking account at their bank associated with the checks.
The check number – This is the last, but not least, number on that same bottom line as the account and routing number. Another place it can be seen s in the top right corner of the check.
The above information would be needed to enter into the gambling Web site of one’s personal choice in order to process the echeck deposit properly.
One of the major benefits of using echecks as a gambling deposit is that it provides online players the ability to have instant chips or funds to play with. When the funds are actually debited from one’s bank account it can take up to three business days and completed no more than 10 business days by some gambling providers, such as casinos.
The fees for using echecks are covered by the gambling providers. This means that the online player is not charged any fees for using echecks as a gambling deposit option for their future gambling activities.
The minimum deposit for using echecks, as a gambling deposit option, will start at around ten dollars on Web site gambling providers like Ultimate Bet. Other gambling providers like FullTilt require nothing less than fifty dollars when using the echeck option. Each provider will be different. It is recommended for online players to ensure they check each sites’ requirements before depositing.