ECheck In Jackpot City
ECheck is a widely accepted instrument in Jackpot City for deposits and for withdrawals. It is an electronic payment instrument that orders the associated bank of the player to pay a specific sum of money to Jackpot City or viceversa when utilized for withdrawals.
Furthermore, an eCheck can be utilized, as we mentioned, as a withdrawal method in Jackpot City. In this case, Jackpot City will transfer the funds to the bank account associated with the player.
It is a very compliant method of deposits and withdrawals for two reasons:
The first reason is that the inbounds and outbound transfers (deposits and withdrawals) are performed through the same processing method: an eCheck that is actually an order to the drawn bank to perform an electronic transfer to a payee.
The second reason for its compliance is that your bank already performed compliance checks on you when you opened your account.
The eCheck process with Jackpot City is not instant and can take even three business days.
The term “eCheck” is short for electronic checks. That means that instead of the traditional paper checks that you can see and touch, eChecks are available online and can be used to make online payments.
Online casinos that accept this payment are quite popular in Canada and Europe. There are also several USA online casinos that use this banking option. The country’s legislative landscape continues to change for the better as more and more states embrace online gambling. With this trend, there may be an increased demand for online casinos that accept eCheck.
eChecks offer the key benefits players look for in terms of safety and speed. Players’ funds are protected by their banks’ security and policies, and transfers are a direct communication between the casino and your bank account. There’s no middleman other than electronic check verification. This also means eCheck payments should process within a day. Where eChecks offer a more distinct benefit is for players who can’t use credit cards online. They are a widely accepted payment option to anyone with a bank account. In terms of fees, these are kept to a minimum and come from your bank rather than the casino, and should only be a small percentage.
eChecks are safe when used as payment methods. The payment process goes through different clearance stages to ensure that the transaction is successful and secure from unauthorized access.
In order to process a transaction at the online casinos that accept eCheck payments, eChecks go through a network known as the Automated Clearing House (ACH). This network is made up of various financial entities that work together to facilitate the smooth processing and clearance of electronic checks.
It does an electronic funds transfer, EFT, straight from your bank account to player account.
This form of online payment can be used for both deposits and withdrawals for online casinos.
When you deposit a certain amount of money using Echeck, the amount of money deposited will be requested from your personal bank account.
Once the transaction is cleared by the bank, the funds are transferred to your account in the online casino of your choice.
One problem you may face while using Echeck as a form of making deposits is delays.
It can take up to 7 days for your bank to clear your funds. The amount, however, is reflected in your online casino account but the status of this amount will be labelled as “uncleared”.
When a deposit has the “uncleared” tag, you will be limited in the use of your funds in that, you will not be able to withdraw or request money transfers, at least for the “uncleared” amount.
If you have a balance greater than that amount, however, you will be able to continue using the transfer and withdrawal services.
After the initial set up, processing Echecks costs much less than other forms of payments, especially when it comes to making deposits and withdrawals in an online casino.
Returned or “bounced” transactions due to insufficient funds may cause delays in the delivery of services especially by online casinos.
Fees and Limits
Your bank may charge you a fee for each eCheck released to Jackpot City or for each withdrawal done through them. It can be a lump sum per operation. In Canada and New Zealand, for example, some banks include it within a monthly fee and some others charge you per eCheck released.
The only instances where you will incur an additional fee with the use of Echeck is when your transfer fails.
This is mainly brought about by an insufficient balance in your bank account. When the transfer fails due to this reason, you will be charged a service fee of around $30.
There are limits, however, on how much you can deposit with a single check.
This also depends on the casino and the limits set by your bank.
Typically, in terms of limits, the minimum amount you can transact using this service is $20 and the maximum amount of money you can transact is $2,000.
Best Echeck Casinos
From our list of the best casinos, the ones that use eCheck with fewer issues according to the customers and to Canadian regulations are Jackpot City, Lucky Nugget, and Spin Casino.
All of the aforementioned casinos are sister sites of Jackpot City and they share the same management and marketing (Bayton and Digimedia). They also have similar payment processing.
Frequently Asked Questions (FAQ)
How secure are Echecks?
Echecks are one of the safest and most secure methods of making online payments.
This widely used method of electronic transfer is compliant with strict processing rules that keep all your personal information safe.
The security measures include a standard industry data encryption software for your personal information and a 128-bit SSL end to end encryption on communications.
Are there deposit limits for the use of Echecks?
Deposit limits when it comes to the use of Echecks really depends on the online casino site you use.
Visit the Cashier’s page to look at your current deposit limits.
Remember, deposit limits vary according to how long you have been a player at a particular casino.
First-time users may have a lower deposit limit. To increase your limit, or if you have any question regarding this particular subject, please contact support.
Can I make withdrawals using Echeck?
Yes. You may withdraw funds from your online casino account via Echeck.
Please note that withdrawals may take a longer time to process, averaging 3-6 business days.
Also, note that the amount withdrawn will be credited to any Entropay or CFT eligible Visa card.
You may have used to make deposits before it is credited to your Echeck account.
For more information, you can visit the online casino’s withdrawal policy page.
Are there additional fees when I use Echeck?
As long as your bank processes any Echeck transactions without sending them back, there are no additional fees that are charged for the use of this service.
Fees charged by the banks, however, are the responsibility of the player.
These include fees that have been incurred for debits that have been rejected or returned by the bank due to insufficient funds in the account or other reasons.
How can I make purchases using Echecks?
For most online casinos, the Echeck deposit option is fully integrated into the checkout, or cashier screen.
To make a deposit or a withdrawal, all you have to do is log into your account, choose what you would like to do, either ‘make a deposit’ or ‘make a withdrawal’.
Click on the Echeck button as a form of payment.
Follow the instructions that come after and your request will be processed in absolutely no time.
Why use eCheck?
It’s quick, convenient and safe. eCheck is the modern, secure answer to the traditional check. Payments pass swiftly between bank accounts via an electronic verifier, rather than via several departments and pairs of hands. eChecks never give out your personal information, and make sure your payments are always on time.
Can anyone use it?
Yes, as long as you have a valid checking account to use eCheck. Some other restrictions may also apply, so ensure that you read their terms and conditions of use.
Are eChecks accepted at all online casinos?
Not all casinos accept eCheck, though the number is growing. We’ve shortlisted the best online casinos where you can pay by eCheck on this page.
How does it compare to the other similar options?
Much faster, more direct, and safer. The most similar option to compare eCheck to is paper checks. With eChecks there are no long processing or check clearing times, and no possibility to lose the document in the mail.
Are my details safe?
Very. Your details are protected and encrypted by your bank, and an industry regulated check verification system ensures the transfer between the casino and your bank account goes smoothly.
Are there fees involved?
Apart from the minimal fee your bank may charge to use eChecks, there are no additional fees for use.
How are my winnings paid?
As long as the casino allows eCheck withdrawals, you can request your winnings to be paid out via this method. Generally you’ll need to have made deposits via eCheck, so your bank details will be set up ready for the casino to make the eCheck out to you.