eCheque Casinos NZ

What are eCheques?

There is a broad selection of banks in New Zealand and globally that accept eCheque, as an electronic money transfer (or EFT) option for gambling transactions. This payment method works in a similar way to that used at an instant bank transfer casino. If you've ever seen or used a paper cheque at a bank in NZ, you can think of an eCheque as a digital version of that. 

As with their physical counterparts, eCheques use your current account rather than your savings account to process transactions. For the past twenty years, online casino sites in New Zealand have accepted them as a viable means of depositing and withdrawing monies.

Using eCheques at Online Casinos

Using eCheque transactions to transfer money between your casino account and your bank account is a breeze if you have everything set up correctly. All you need is an active echeque banking account and an online casino nz account that accepts it.

Casino Deposits with eCheque

Choose eCheque as your deposit method on the payments/banking tab in the online casino deposits section. In the next step, you'll need to type in your bank account information, including your routing number and the amount of money you want to spend. Click the "Submit" button at the bottom of the page to finalize the transaction.

Your eCheque deposits should be ready in your online account fairly quickly and you can start playing.  

Withdrawing Money with eCheque

It's important to remember that, unlike casinos with PayPal, eCheques are simply payment methods that transfer money to and from existing current accounts at a bank. As such, whatever bank account you choose in your transaction will receive this money. After submitting a withdrawal request, your funds normally arrive in your bank account within three to six business days, pending any security or AML checks that the casino might carry out before releasing the money.

Player Safety

The popular gold-standard 128-bit SSL encryption ensures the safety of all transactions. Secure Socket Layers (SSL) is now the industry standard for casino payment in NZ. This basically allows for payments to be executed and for financial institutions to communicate with each other, whilst maintaining maximum security over private data.

E-check processing systems have also seen further significant improvements in security in recent years. Using eCheques in online transactions means that data breaches and thefts are exceedingly unlikely.

Extra Fees

If you have enough money in your account to cover the deposit, you are unlikely to incur any extra fees. It's also important to keep in mind that some NZ online casinos may charge an extra fee to use this method. This is because they sometimes get charged extra processing fees from their banks for this method. They are unlikely to be making any profits on these fees and will generally just be passing them onto you at cost.

Are eCheques Accepted at Online Casinos?

The majority of online gambling sites offer eCheques as a form of payment. The coverage is significantly superior to the likes of NZ paysafecard casinos. However, fewer players opting to e-cheques now, due to the speed of processing and extra fees that sometimes get charged.

Are eCheques Right for Me?

As always, it depends on what you're looking for. When it comes to making a deposit or withdrawal at an online casino, various players will have different requirements and preferences. It is possible that some players will only accept transactions that take a few seconds to process, while others may insist on large transactional limitations.

The same may be said for electronic checks. Here are the most significant pros and cons of doing gambling transactions with eCheques:

Pros

• Relatively wide acceptance among online casinos
• Little to no transaction fees
• Minimal account requirements
• Easy transaction process

Cons

• Not supported by all online casinos
• Fund transactions are very slow
• Penalties from a failed transaction

Always keep your demands and priorities in mind while deciding on a payment option. You don't have to limit yourself to a single payment processor when you play online pokies in NZ, as there are a broad variety of alternatives available to you. To assist you in locating the top real money casinos, games, and payment options, check out some of our other sections at InsideCasino. 

eCheque Casino FAQs