Canadians love to play online slots and eCheck is a fast and secure method that quite a few Canadian players use to fund their casino accounts.
What is an eCheck and how to use it for online casino deposits?
An eCheck is nothing more than the electronic version of a classic paper check. eCheck is the most secure and one of the cheapest (the fees are as low as $0.25 and can go up to $1.5) form of electronic payment and can be used by all casino players who have a bank checking account.
Each casino deposit via eCheck must be authorized by you via a signed order form, by phone or via an online payment form.
After you give the authorization, the payment will be submitted to an online payment processing service that will intermediate your payment.
After that, your money will be transferred electronically directly from your bank account to the casino, but only after the payment information passes through the ACH network.
Usually, all casino deposits via eCheck will pass through a payment gateway that can be Skrill, Neteller or Paypal) but it can be that online casinos will use a bank or other specialized payment service.
How long it takes to deposit via eCheck?
Since all transactions via eChecks are backed by the banks, depositing via this method can take between 24 and 48 hours. Considering the small fees and the security of all transactions via eCheck, the waiting time can be considered acceptable.
However, some of the best eCheck online casinos will credit your account instantly even if they will only get your money two days after you make your deposit. The only glitch is that the casino will ask you to send the documents in order to verify your account (age and identity) before accepting your deposit.
The only inconvenient of eCheck deposits is the minimum deposit accepted. Almost all online casinos have set the minimum eCheck deposit set to 50 or 100 CAD. Withdrawals via eCheck are also not so convenient do to the long waiting time when compared with other electronic transfers like Neteller and Skrill.
In fact, not all Canadian online casinos that accept eCheck deposit also allow you to withdraw your winnings via this method.
So, after this short eCheck introduction you may want to see which are the best online casinos for Canadian players that want to deposit via eCheck.
Top 5 Canadian Online Casinos Where You Can Deposit Via eCheck
We have selected 5 different Canadian online casinos that accept eCheck deposits:
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