ACH online casinos offer players a different kind of bank wire for deposits. Automatic Clearing House (ACH) can be used in the United States only and typically take 7-10 business days to clear. ACH is a payment transfer processing system uncoded.
While you can use this payment option to transfer money from the online casino account of your choice, ACH is mostly used to receive withdrawals of casino winnings and deposits.
Unlike other bank transfer options, ACH only transfers money within the United States and is therefore not an option for international casino players. This type of casino banking method is usually used by online businesses that send cash directly to American bank accounts.
It is done automatically, with very few authorizations required along the way. As a result, most transactions are cleared within 7-10 business days, however; delays due to processing regulations can occur.
Pros and Cons of Using ACH at an Online Casino
Advantages of ACH
ACH is one of the most convenient and secure methods for depositing/withdrawing funds.
Anyone with a valid US bank account or credit union can use the banking option.
No third-party sign-up or extra verification is needed.
Disadvantages of ACH
Transactions are not instant.
Risk of very lengthy delays if the processor gets shut down by the Department of Justice.
Making a Deposit Using ACH
To deposit at an online casino website with ACH, follow these seven steps:
Navigate to the banking section of the site.
Select the ACH payment method and continue.
Fill out your banking info, then click continue.
Make sure the check is payable to the processor’s name that will appear on your screen, based on the deposit amount.
Write the amount that you would like to deposit on the check.
Depending on the casino site, a picture of your ID will be required if you haven’t sent one already.
Sign the check.
Making a Payout Using ACHs
To make a payout at an ACH online gambling site, read the following steps:
Log in to your casino account.
Go to the cashier by clicking on the deposit option on the top screen menu.
Click the payouts tab.
Type the amount you want to withdraw.
Choose the e-check option.
Fill out your banking data, ensure you have a valid active account under your name.
Upload your previously saved image.
Is ACHs the Right Banking Method for You?
ACH casino sites are an excellent solution for American players who want a fast, secure, and reliable alternative to check payments. Though this banking method has fallen out of favor over the last few years due to the rise of faster bank transfer methods requiring shorter processing times, ACH is still a casino banking option that many prefer.
Considering this, if you are worried about security when making a deposit or a withdrawal from your internet casino, ACH is a great solution that will put your mind at ease.