Australian players will find it easy to use the banking facility, eCheck, in online casinos. It is very safe and straight forward when performing your online casino banking needs.
What is it?
Before we tell you how to use it at online casinos, we will explain what it is. An eCheck is simply an electronic version of a paper check. This option provides the user with different processing times. When using an eCheck, money is transferred from the payer’s checking account and deposited directly to the seller’s account. This is done electronically and after passing through the ACH network.
ECheck allows a paper check received from a customer to be converted into an electronic transfer. This is done by using the information found on a paper check.
An eCheck will combine the infrastructure and processes associated with paper checks, together with the speed, security and processing efficiency of all electronic transactions.
Other names that an eCheck is known by are; electronic check, ACH payment, ACH transfer, or direct debit.
How an it Works?
An eCheck is very simple to use. All you do is use the electronic check processing. This is when you take a customer’s routing number and submit it for payment electronically. This routing number is imprinted at the bottom of the actual paper check. All you need to achieve this is an online interface.
How the Banking Option Processing Works
The good thing about it is that no expensive scanners or other hardware is required. All you need is the bank account information. You will need to key in this information before submitting the transaction. In order to eliminate some time-consuming steps that surround paper checks, paper invoices, account reconciliations and visits to the bank, you will only need to send an automatic e-mailed receipt of the transaction.
The information contained in the banking option is necessary to process a payment. You will need to wait for between 3 and 4 working days for the funds to become available. This waiting time allows for both banks to clear the check.
Making a deposit in your online gambling account using eChecks is as easy as doing so using a paper account. The player is required to enter all the relevant information on the eCheck. Banks will then share this information and the transaction will be completed in a few days. Most Australian casinos accept eChecks as deposit methods, making it easy for players across the country.
Tips for using an eCheck at Online Casinos
First of all, find out which casinos accept deposits through eChecks. Next, inquire the procedure before sending your eCheck.
Payments through eChecks are very safe and secure even though they take days to clear, so you need not worry. You can enjoy a variety of online casino games when you fund your account with eChecks. Aussies can look forward to online pokies with progressive jackpots, table games, video poker, sic bo and online craps. So, deposit at online casinos using an eCheck today and start enjoying and winning.