The question that you need to ask yourself if you are an online casino player is whether they will charge a transaction fee when you make the deposit of your ECheck casinos and you pay the amount with a credit card. Many times they will charge this fee and it is a very important thing to understand. If you do not know why, then read on to find out about the reasons why they charge an ECheck transaction fee.
EChecks are issued by most banks and they are used for making deposits into an online casino and for withdrawing money from online casino games. Most of the ECheck casinos are using this method to help them get more players into their games. However, when you make a deposit to these online casinos using EChecks, you are also required to make the withdrawal of the same amount by sending a check.
The problem with EChecks is that you cannot control what is in your account and what is the amount that you need to withdraw. Hence, if you make a withdrawal which is smaller than the balance of your account, you may have to face the loss. In fact, some ECheck casinos do not accept checks as a means of payment at all. In this case, they have the option to withdraw the cash from your bank account.
There is another problem with EChecks; most of the time, the check that you receive from the casino is a fake. They are made up of paper and all of them contain errors and mistakes. Hence, if you are one of the people who have not made a deposit before or who has no credit history, then the ECheck casino is sure to pass on the check to another person who does have a good credit history. In this case, there is no need for you to worry at all.
However, if you are one of those ECheck casino players who have no problem of dealing with a fake check and have done business with a number of different online casinos, then you are in for some problems. ECheck casinos usually charge a fee when you make a withdrawal from their casino. If the check comes from a different casino, then the ECheck casino will not refund the fee. In such a case, you may be able to claim the refund amount only after you have had sufficient time to verify the authenticity of the check and you can also request a new check if you think that the one which you are using is fake. in any way.
Therefore, it is better to consider the points above when you are making a decision about which ECheck casino will charge you an ECheck transaction fee and whether it is right for you. to use this facility.