When discussing casino payment methods, there are always a few staples in the game. We usually mention credit and debit cards, prepaid cards, eWallets, various payment gateways, cash vouchers, bank transfers, and cryptocurrencies.
So, when we come across something a bit different, it draws our immediate attention. One such payment service is eCheck. eCheck allows you to directly transfer funds from your bank account to a Canadian online casino.
However, in some cases, the first idea coming into peoples’ minds when hearing about eCheck is that it must be some old-fashioned payment service. I mean, who uses checks when so many digital cashless channels are available?
Well, we have to disappoint you. Although eChecks have been around for more than 20 years, they are far from being outdated. First of all, we speak of electronic not paper checks.
The very name implies this. eCheck is short for “electronic check”. It works similarly to paper checks, but payments are carried out digitally. So, this is also an online payment method.
Secondly, cyberattacks are a significant issue in the modern world, entailing robust technology to protect data. With hackers constantly trying to do some damage, more and more people opt for banking services that ensure privacy.
And here is another field where eCheck excels. The banking method uses the highest safety measures allowing eCheck to remain a popular service for online transactions.
Next, eCheck transfers generally incur lower processing fees than credit and debit cards. And, finally, eCheck is supported by most Canadian banks.
It means that it benefits from the security provided by the Canadian banking system. In other words, an electronic check is a convenient casino banking method for Canadian players.
So, you’re starting to see the whole picture. Safe, cheaper, supported by many Canadian banks, doesn’t require bank cards, enables direct payments.
But is this enough to say you should pick eCheck to make deposits at Canadian online casinos? Well, like everything else in life, eCheck is not perfect and has certain drawbacks.
We decided to offer you an ultimate eCheck online casino guide containing all the important information you should know. Pros and cons.
We’ll help you learn how to make eCheck deposits at online casinos in Canada and explain if it allows you to withdraw winnings.
Find out if eCheck transaction fees are truly low and if this payment solution is easy and safe to use. Is it similar or different from Interac?
Finally, pick your perfect gaming venue from the list of top Canadian casinos that accept eChecks.
Best eCheck Casinos Canada 2021
When a payment method is accepted among casino players and present at several real money casinos, finding the one that ticks all the right boxes can be a time-consuming task.
To save you both time and money, we’ve carefully reviewed many online gambling sites that accept eCheck for real-money gaming. As a result, here is a list of the best eCheck casinos in Canada we’ve selected for you.
How to Use eCheck at Online Casinos?
Before you can deposits and withdraw funds with eCheck, you must have a valid checking account (bank account).
If you don’t have one, you can open it in the nearest bank branch that supports eChecks. Once you’ve opened one, you can start “writing” your online casino electronic checks.
eCheck is among the preferred online casino payment methods for many online gambler in Canada.
The main reasons lie in the simple fact that it’s easy to use and it’s secure. eCheck is a digital version of a paper check, so many people are already familiar with it. It’s no rocket science.
However, many first-time casino players prefer to hear all the details on using eChecks at online casinos for deposits and withdrawals. So, we decided to break it down a bit and give you a step-by-step guide.
1. How to deposit with eCheck?
Step 1: Visit the casino you’ve picked from our list
If you still haven’t set up an account, now is the time. Log in and head straight to the cashier section. This page is also called the banking or deposit page, depending on the casino.
Step 2: Select eCheck as your preferred deposit method
When the eCheck interface opens, fill in the required data. Provide bank name, account number, account type, branch number, bank routing number, and social insurance number.
Step 3: Pick your amount and confirm the transaction
Type in the amount you wish to deposit but make sure it’s not lower than the minimum sum set by the casino. Submit the request.
The casino will contact your bank, and you’ll need to confirm the transaction. Confirmation will send the request to the bank to issue an eCheck to the casino.
2. How to withdraw with eCheck?
Step 1: Visit the banking page
Once you’re ready to cash out the winnings, go to the withdrawal page and look for eCheck as your withdrawal method.
Step 2: Choose eCheck from the list and verify your details
Click the eCheck icon to open the page, allowing you to fill out the necessary data. Once more, you’ll have to provide the bank name, account number, branch number, and social insurance number.
The good news is that these data are usually mandatory to provide for the first withdrawal.
This is part of the identity verification process online casinos use to prevent fraudulent activities. Afterwards, the process becomes automated. Enter the withdrawal amount.
Step 3: Submit a withdrawal request
After verifying your details and making sure the sum is not exceeding the withdrawal maximum set by the casino, submit the request. That’s it. You’ll now have to wait to receive the money from the casino.
Bear in mind that not all online casinos support eCheck withdrawals. We, therefore, advise you first to visit the casino’s banking page and read the Terms and Conditions to double-check if eCheck is among the withdrawal methods.
Do this before you deposit funds to prevent unpleasant surprises if you can’t cash out your casino winnings with eCheck. And to see which fallback option would work best for you to withdraw funds if you decide to deposit with eCheck.
eCheck Transaction Fees and Deposit & Withdrawal Times
One of the main benefits of eCheck is that it has lower fees than credit and debit cards transactions. eCheck is, therefore, ideal for high rollers who want to securely deposit large amounts of money without costly fees.
Rates vary depending on the company processing eCheck transactions. The costs go between $0.30 and $1.50 per eCheck money transfer.
In some cases, you won’t pay anything for using electronic checks. But some casinos or providers may charge a 1% fee of the total eCheck sum.
We recommend you to read the Terms & Conditions and visit the cashier page before you deposit funds. Pay special attention to small prints. The devil is in the details!
As for eCheck deposit and withdrawal timeframes, we come to the main disadvantage of this payment method.
eCheck deposits and withdrawals (where possible) are not instant. This is an electronic counterpart of the paper check that works similarly. The bank needs to clear the transaction.
It means that depositing with eCheck may last 1-5 business days, depending on the bank. In other words, you’ll need to wait a few days before you can start playing at your favourite casino.
With so many online payment methods with instant deposits, such a long waiting time may be discouraging for many gamers.
Again, we’ll emphasize that eCheck may be ideal for high rollers allowing them to safely deposit huge amounts regardless of longer timeframes.
A similar situation applies to eCheck withdrawals. We’ve said already that not all casinos allow you to cash out winnings the same way.
But in those that do, you’ll also need to wait a few days before you see the money in your account. Generally, all withdrawals last longer.
Casinos have a specific pending period to review your withdrawal request before sending money directly to your bank account.
It means that casino processing time may add a few more days to the waiting time. So, after doing some math, we can conclude that eCheck withdrawals may take 5-7 working days.
Is eCheck Safe and Secure?
Interac is undoubtedly one of the most popular casino payment methods among gamers in Canada. The service may seem similar to eCheck, but it’s not. Interac and eCheck are two different payment solutions.
Interac facilitates online banking, while eCheck is a digital equivalent to a paper check. eCheck modernizes the old payment solution, adjusting it for online usage.
eCheck works the same way as a paper check, but online. The main difference between Interac and eCheck is the transaction processing time. You can expect instant deposits and swift withdrawals with Interac.
Time-wise, eCheck, unfortunately, acts as its paper counterpart. The service is linked to your bank account, so the bank needs to process and clear the transaction. It means that you may end up waiting a few days to see the money in your casino account.
Although Interac and eCheck differ, they share one crucial feature – safety. Both payment methods are highly secure for you to use at online casinos across Canada.
eCheck links online casinos directly to your bank, so it benefits from your bank’s security measures. The bank check verification network protects all transactions from any fraudulent activities.
A direct connection means that no third party is involved and can access your banking information.
The casino contacts your bank via the Automated Clearing House (AHC), a payment processor employing end-to-end encryption. The processor safeguards the connection between the bank and the casino and allows or stops payments.
So, if you haven’t verified the request, it won’t be carried out. If everything’s fine, the payment will go through. But, if you have any suspicion, eCheck allows you to reverse the transaction.
Electronic check is, therefore, more convenient than the standard non-reversible bank transfer.
eCheck Online Casino Bonuses
Now that you’ve fully grasped some of the benefits of using eCheck at online casinos, it’s time to add a new one. Yes, we’re speaking about casino bonuses and promotions.
Electronic check deposits are accepted at several new online casinos in Canada. It means that you’ll be able to enjoy many tempting eCheck casino bonuses too.
Online casinos love electronic checks since they’re way cheaper to process than standard bank card deposits.
To help you find your “cup of tea” in terms of rewards and gameplay boosters, we’ve shortlisted the top three eCheck casino bonuses.
#1 Spin Casino
Spin Casino greets its guests with a three-part welcome bonus, valid across the first three deposits.
The first deposit is rewarded with a 100% match up to $400. The second deposit receives a 100% match up to $300, while the third one gets a 100% boost up to $300.
#2 Ruby Fortune
Ruby Fortune has an attractive welcome offer that rewards you with up to $750 in bonus funds. The offer is split into three parts.
Each of your three deposits will receive a 100% deposit match up to $250. You’ll receive the bonus instantly so that you can visit the lobby straight away.
#3 Zodiac Casino
The casino has a five-tier welcome bonus. The first deposit gets 80 free spins on progressive slot games.
The casino doubles your second deposit up to $100, and the third is rewarded with a 50% match deposit up to $80. The last two deposits get a 50% match up to $150.
Are online casinos with eCheck safe and trustworthy?Yes, they are. eCheck is a secure payment service supported by many Canadian banks. The payment processor that’s been around for more than two decades wouldn’t want to jeopardize the reputation by partnering with some rogue casino.
Consequently, it offers its services only in trustworthy casinos holding the most reputable iGaming licences from MGA, UKGC, or Kahnawake Gaming Commission.
What is the best casino that accepts eCheck?
The answer to this question is subjective, and it comes down to your online casino preferences and needs. To help you find the one that most appeals to you, we’ve listed our selection of top eCheck casinos for Canadian players.
So, this list would be a good starting point as we’ve carefully assessed these casino brands and picked the most reputable ones.
Some of the criteria you can use when selecting your gaming venue may be the bonuses, deposit and withdrawal limits, if casino allows eCheck withdrawals and, of course, fees.
Is there any transaction fee for deposits with eCheck?
Yes, there is. But, electronic checks are among payment services with the lowest processing fees. The amounts depend on the bank and can range from $0.30 to $1.50 per transaction.
In any case, these costs are lower than the ones incurred for credit and debit card payments.
Are my personal details safe?
Yes, they are. eCheck is a safe payment method that directly connects your casino balance to your bank account.
Firstly, your bank is handling the payment, meaning eCheck transactions are protected by the highest security measures used by your bank.
Also, the Automated Clearing House in charge of linking the bank and casino further protects the payments by employing robust encryption technology.