Cheque

Casinos with Cheque

To pay by cheque the user must have an account with a bank that offers a cheque paying service. This form of payment is not as popular as it once was because it involves using a postal service such as a courier. As a result, the payment spends time being transferred so it is not the speediest of deposits.

Overview

The majority of online casinos have never offered this form of payment. In fact, many players in the younger generations may even be unaware of the cheque payment. The cheque is on the decline because there are so many convenient payment methods that offer instant payments and high levels of security, like eWallets. There is a lot to think about when you make a casino deposit using a banker’s cheque. Using a cheque to make a deposit will provide some restrictions and drawbacks, but there are a few reasons why this form of payment should be considered.

Bonus

One of the setbacks to making casino deposits using a cheque is that you cannot claim bonuses. This is because you are bypassing the digital system that issues bonuses when a player makes an online deposit. The only way you can get around this is if you are a VIP player and have an account manager who can manually credit you the bonus once your deposit has been cleared.

Advantages

Paying by cheque still appeals to some casino players and for good reason. There are some advantages to using this form of payment.

Security – Since paying by cheque removes the digital transfer of money, you will not be prone to cyber-attacks. Instead of moving digitally, the cheque is moved physically. Furthermore, the cheque can only be cashed by the company/person on the cheque.

Limits – Depositing by cheque also means you can deposit larger amounts at a time. Of course, you need to check the deposit limit on the casino side but many eWallets and other payments have a maximum payment amount, which a cheque does not have.

Disadvantages

Of course, with a payment method that’s reduced so much in popularity, there are going to be some disadvantages. Let’s take a look at some of the drawbacks in using a cheque as a form of payment.

Processing time – One major hindrance to making deposits using cheque is that you will need to send the cheque to the recipient and that means delivery time for the cheque to arrive and then further time for the payment to be processed.

Costly – Making deposits via cheque also comes with additional costs. You will need to pay a courier to deliver the cheque safely and in good time and that will cost more than most processing fees for eWallets and other payments.

Fees

There are no fees involved when making a deposit or any payment by cheque. However, the casino may add a fee to the payment process as they will need to cash in the cheque into the company bank account and that will require human intervention. You can check the fees for each payment method on the casino’s cashier page.

Creating an Account

To get your hands on a cheque book you need to open a bank account with a standard banking institution, such as a debit card account. To do this you can visit your local bank and provide some personal details and then you will have your account. Once you have set up an account with a bank you need to request a cheque book. There was a time when these cheque books came as standard with a bank account but nowadays, they are rarely needed with most bank account holders. Once you have your cheque book you are free to make casino deposits via cheque.

Funding Account

To make payments using cheque you need to have money in your bank account. There are various ways you can fund your account, one of which is to visit your bank branch and pay in cash into your account. You can also transfer money into your account from another online bank account. If you do not have enough money in your account when you have sent a cheque payment and the cheque is attempted to be cashed in, it will bounce and that means you will be charged a fee for a bounced payment. One of the reasons that many retailers and casinos do not accept cheque is that there is always the possibility that it may bounce after all the effort to cash it has been made.

Depositing

Making a deposit using a cheque is a very different process than making a deposit using a standard electronic payment. Here is the process of depositing via cheque.

• Go to the cashier and select the cheque payment method

• Find the company address of where to find the cheque

• Make the cheque payable to the online casino

• Include a note which provides your identity

• Send the cheque and note via post or courier

• Then wait until the casino deposits the cheque and credits your account

Withdrawing

Many online casinos do offer cheque as a withdrawal method. Withdrawing via cheque is not a widely popular choice because of the time it takes to receive the withdrawal cheque and to cash it in. To withdraw via cheque, you have to follow the steps below.

• Go to the cashier and select the cheque withdrawal method

• Fill in the cheque withdrawal request

• Make sure the correct address is on there

• Wait for your cheque to arrive and then cash it in

Security

One of the draws of making a purchase or deposit using cheque is the level of security it offers. Despite it being a payment from a secure and regulated banking institution. The cheque is a manual process and not a digital one. This means your money will be moved without any online threats. What’s more, the only way the cheque can be cashed is if it is cashed by the person or company that is on the cheque.

Support

Cheques are supplied by the bank and many of the established banks offer a premium support service. These banks want to keep customers happy and not want to jump over to another bank, therefore the support service is second to none. You can reach out to customer support through phone or email. These banks have a dedicated phone number for many areas of support. You can also find a good FAQs page that provides answers to the most general questions.

Availability

The days of paying by cheque are long behind us, with so many secure digital payment options available, paying by cheque has become a rare occurrence. There are not many online gaming sites that provide this option. However, there are players who prefer to make deposits using this traditional payment method. It also allows players to transfer larger amounts of money in one transaction and that’s why there are some online casinos that offer cheque as a deposit option. We have listed all the best online casinos that offer a cheque, so you can make payments with complete peace of mind.

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