Checks As A Payment Option At Online Casinos
Modern gambling sites try to offer as many payment options as possible and a good site will always have a whole assortment of deposit methods. All of them may be divided into credit cards, electronic wallets, wire transfers and checks. In the following article we are going to discuss checks, though they are not very popular. Nevertheless, checks at online casinos are offered everywhere, so it is necessary to know what players may come across using this payment option.
Checks have been one of the first deposit methods offered at online casinos. However, today they are rarely used to make a deposit. As a matter of fact, it is a long and boring process which may occupy up to ten days. Players have to go to a bank to bring check there. It is really inconvenient. Moreover, you will have to pay charges for services and so on. There are many difficulties you will come across.
But at the same time checks are still used to get payouts. It happens due to the fact that many credit cards are not suitable for money withdraw. So those who have made a deposit with the help of them then have to get wins with the help of checks at online casinos. It is acute also for players who used prepaid cards or vouchers to make a deposit. And in this case players have to come across such problems as time delay and additional charges. Only those who used electronic wallets manage to avoid using checks. When you withdraw money with the help of this payment option, an online casino will send a check to you and then you will bring it to the bank.
However, such system is suitable mainly for the countries where online casino gambling is legal. So it concerns European countries and the United Kingdom. Banks and other financial institutions there are aware that these payouts go from online casino accounts and they are absolutely legal. Quite different situation is in the USA. There all financial transactions between online casino players and gambling sites are prohibited. That’s why when players deposit or cash out money with the help of checks, they may run into numerous difficulties. It raises a risk level, as such financial operations may be revealed and then blocked. As a matter of fact, within a last year several transactions of that kind were blocked by the federal law enforcement agencies.
However, today there is another way out. Many online casinos offer such option as eCheck. It functions the same way as traditional paper check, but is more convenient and cost-effective. A player receives the check with all instructions through the Internet, what doesn’t occupy so much time. Moreover, using eChecks doesn’t require for additional expenses, what is really great, as players won’t have to pay anything for money transfer. eChecks have becoming more and more popular, as it is also a safe method, as all information is protected by SSL encryption codes. Another advantage is that they are available in the USA, what is important as well.
Though checks have becoming the thing of the past due to their inconvenience and high expenses, they are now replaced by eChecks which have all benefits of modern payment methods.