In the United States, a handful of states offer legal online casino gaming for real money. Although some are still very resilient to change and offer only sweepstake casinos, the monetary benefits the states gain via taxes have made legalizing online casinos a very tempting option.
The online casinos in the US require you to be a US citizen and own a US bank account, which you can use to make a deposit via a wire transfer or ACH. Everything is fairly straightforward for those who wish to gamble – from creating an account to moving money between the accounts – however, the latter step can prove problematic.
There will be instances where you will not be able to deposit funds into your account, or even worse; your US bank might not accept an online casino funds transfer. Situations like that aren't pleasant, but there are ways to work around it.
ACH (Automated Clearing House) is an e-payment processing system that is widely popular amongst online gamblers. It allows you to make quick deposits and withdrawals from your checking account.
In some cases, you will even be allowed to use an ACH withdrawal on online casinos that use it.
Although ACH is arguably the best way to deposit and withdraw funds into and from your online casino accounts, not all online casinos use ACH. That is why it's important to check the Account Agreement & General Terms or contact customer support for more information.
As with anything, there are catches with ACH payments.
In some cases, the online casinos will implement minimum cash-out limits for ACH withdrawals, which are often higher than with a credit card or e-wallets. What's more, ACH transfers usually take anywhere from 5-7 business days to go through, which is a big negative with ACH in comparison to transfers via NETELLER or PayPal.
Even though ACH is the most commonly used way to transfer money from and into your online casino accounts, it may not always be the best choice for you. Luckily, you will get spoiled for choice when looking for deposit and withdrawal methods since most online casinos offer at least a few for you to choose from.
Besides ACH, online casinos also accept Visa, and MasterCard credit cards, NETTLER and Skrill e-wallets, paper checks, vouchers, or you can even make an in-person deposit. While there is no way to tell which deposit/withdrawal method is the best for you, you can rest assured that there are options.
Withdrawal Issues – What to Do?
Like there can be issues with depositing funds from your online casino account, you can also encounter problems when trying to withdraw the money into your bank account.
When looking for an online casino to gamble on, it's important to check with checking accounts the casino accepts. Most casinos will include all major US banks such as Bank of America, Regions, Chawe, U.S: Bank, Capital One 360, BB&T, HSBC Bank USA, PNC, SunTrust, and more.
So as long as you have an account with one of the bigger names, you can be confident that you won't encounter any problems.
But what if your bank account won't accept the transfer?
Luckily, the online casinos offer plenty of alternative methods for you to transfer your money. Most commonly, the gamblers resort to using Visa and MasterCard to process deposits and withdrawals from casinos; however, while using either of the two, some fees may apply since credit card firms treat casino transactions as cash advances.
If Visa and MasterCard is not an option for you, resorting to Nettler or PayPal as two of the most popular e-wallets will do the trick as two of the simplest and quickest ways to transfer the money from and into your casino account. Although there might be fees for e-wallet transfers, some casinos won't charge any fees for this money transfer method.
The third alternative are third-party transfer firms like Western Union and MoneyGram. Although not as popular as credit card, ACH, or e-wallet transfers, third-party transfers are suitable alternatives if everything else fails.
Nowadays, you can even deposit and withdraw funds into and from your casino accounts with cryptocurrencies. Although this approach requires a few more steps for the funds to find their way into your bank account, cryptocurrency transfers are easy, secure, fast, and there is usually no transfer fee since there is no middle man.
If you aren't able to withdraw funds into your bank account even after changing the withdrawal methods, you should contact customer support or resolve the issue in person at your bank.