ACH

ACH (Automated Clearing House) is an online check clearing system that allows casino players to transfer cash directly from their regular bank account into their online casino account. The system is also referred to as electronic checks. The system is regulated by the NACHA operating rules.

ACH is very convenient to use and that is its draw for many people. Most people use checks and because ACH is as simple as writing an online check, it is a popular method for online casino payments and transfers. In fact, you do not even have to write a check – you simply have to fill in a form online. You also do not need to own a credit card in order to use this online casino payment system. ACH transfers are generally free of any charges, but there may be some small fees from some of the casinos. Most Microgaming casinos offer ACH payment systems.

All casino payments done with ACH are transferred via a third party, such as eCheck, InstaDebit, Citadel or UseMyBank. The money is transferred in and out of check and savings accounts using the Federal Reserve Banking system. The transactions are completely secure. Once you have made your deposit with ACH, you can start playing at the online casino within minutes. To initiate an ACH transfer you will need to provide the casino with your name and address, the amount that you wish to transfer, your check or savings account number, a check number and an ABA or routing number.

Another advantage of using ACH is that you can have your winnings deposited directly into your bank account of choice. In fact, ACH is used primarily for receiving withdrawals. You can only gamble with money that you already have in your account. This provides more safety for the player than playing with a credit card where you may find that you have spent more than you have available.

Be aware that it can take up to eight working days for your money to clear when you receive money using ACH. If you need your funds immediately, then ACH may not be the online casino payment option for you. Money should be deposited into the casino without delay. There is a daily deposit limit when using ACH. You need to check with your specific online casino what this is, but you can expect it to be approximately $250 per day. You can also expect the casino to require a minimum transaction amount in order for you to use ACH for your transfer.

Currently, ACH is only available to United States and Canadian citizens and the bank account that your ACH account in linked to must be based in North America. However, it is important to be aware that many online gaming operators turn their ACH depositing option on or off depending on the continually changing laws with regards to US online casino money transactions. It is important to check for ACH availability within the online casino software before you use the site. There are plans for an international ACH payment system to become available in the future.