Cheque Casinos

Despite the action-packed industry of online gambling, checks remain a long-standing banking method. Although on the decline, you’ll still find check casinos where you can deposit funds or cash out your profits.

A check is a legally tendered document or “bill of exchange,” allowing a sum of money to be paid from your bank account to a nominated beneficiary. On it, the details of the transaction are reflected along with the issuer’s signature.

If you’re the recipient, a check will have your name on it and the amount due to you, which you can cash in at the bank. Similarly, checkbooks are issued by your bank and connected to your account.

Keep reading to get a clearer picture of how this payment system works, what it entails, and if it’s a viable option for you.

The Check: Outdated or Still Popular At Online Casinos?

The use of checks dates as far back as 185 BC. In America, the Bank of New York issued the first ones around the 18th Century. With such a long and rich history, this banking method continues to hold prestige amongst consumers.

A check in the mail is considered a fairly simple way to pay your bills. For online gambling, though, it doesn’t enjoy the same prevalence. This is mainly because it takes time to process.

With quicker, easier alternatives, it’s not surprising that online casinos are moving away from checks, leaving just a handful that still offer this payment method.

The Advantages of Checks for Deposits & Withdrawals

While more efficient banking methods emerge, there are few remaining benefits of using this option. At some (although not all) check casinos, you’re able to make both deposits and withdrawals. However, the latter tend to be accepted more often than the former.

As an issuer, your checks link to your bank account, so there’s no need for additional registration. If you’re on the receiving end, you’ll get your winnings, made out in your name, and delivered to you.

Surprisingly, there’s also the benefit of some check casinos offering specific promotions for this banking option. However, these tend to be few and far between.

Is it Safe to Use Checks?

Generally speaking, it is safe. One of the reasons why you might prefer using a check is the security factor. Because it’s done physically, it eliminates any hazard associated with online banking.

Check casinos also typically use a courier service, so the chances of your check getting lost in the mail are minimal. It’s recommended that you do this too, and take out insurance as an extra measure.

For deposits, you can only use this payment method via your bank-issued checkbook. Withdrawals, on the other hand, are made out in your name, bearing the issuer’s signature.

However, in the unlikely (but possible) event of your check being tampered with, you might end up losing your money. Banks have preventative policies in place, but just like with any transaction, nothing is 100% guaranteed.

Processing Times

If you’re looking to fund your gambling account or claim your winnings immediately, this option isn’t for you. The procedure from start to finish is subject to various factors and involves a bit of legwork.

For deposits and withdrawals, delivery alone can take anywhere between 1 – 3 days, depending on how far the check travels. Afterward, processing takes another 5 – 7 days before your gambling account is credited.

If you’ve opted to withdraw your profits with a check, you’ll need to cash it in at the bank once you receive it. Ultimately, you’ll spend even more time getting your winnings.

The above is further contingent on your bank and your preferred online casino, which both have their own systems in place.

Always make sure you know what to expect beforehand. This way, you’ll be better prepared for incoming or outgoing checks.

Drawbacks of Using Check Casinos

Besides the sluggish turnaround times, checks are more expensive than other payment methods. The costs start stacking up with insurance and postage fees. Additionally, some check casinos might charge for processing.

By encouraging more convenient ways to fund your account, online casinos are doing away with this option and leaving only a few casinos that still accept and issue checks.

For similar reasons, you could also be excluded from sign up offers, bonuses, and promotions. Double check, though, as this is dependent on the casino in question.

Fees at Check Casinos

To make deposits or withdrawals, there’s a bunch of fees you’ll need to consider first. These vary and are set by the financial institution you use, as well as the online casino and mail service. It’s best to find out all the relevant information you’ll need in advance, before issuing or requesting any checks.

Are Checks Worth the Effort?

That’s up to you. While it’s undoubtedly a vanishing option with faster alternatives becoming the norm, checks remain relevant, even in the Age of Technology.

You can still find a selection of online casinos that cater to die-hard fans of the check. Make deposits and withdrawals, but prepare to wait at least a week or longer before any cash hits your gambling account or your pocket.

Also, remember that using checks is a costly business from insurance to postage, contingent on an array of factors.

Lastly, though you’ll be safe from any online banking danger, there’s still the risk of fraud or tampering, even if it’s minimal. Always take out insurance to protect your money.

Whether you prefer keeping your banking information off of any online site, or if you’re just old-school and enjoy using checks, you’ll find enough top-notch casinos that’ll suit your needs perfectly. You can play your favorite slot games, try your hand at baccarat, or give roulette a go. Just remember to mail your checks in advance.