ACH is the abbreviation for Automated Clearing House. This is an American (US) service that lets automate the process on transferring funds between a checking account in the bank and a user account in an online casino. The latest restrictions in the finance and banking sectors of the USA have left little space for ACH, but it is still allowed by some virtual casinos. This protocol can be used in both direction – for cash depositing and withdrawal.
Though ACH is essentially a bank transfer, this method has some distinctive features. Firstly, it is almost completely automated and doesn’t require many authorizations. Secondly, it works only within the United States. International money remittances via ACH are impossible. It is focused on those companies that transfer funds to the accounts in American banks.
As you know, there are numerous restrictions regarding online casinos in the USA. For this reason, all the transactions are executed with the help of third-party operators. This can cause delays in payments processing. Commonly, a transaction via ACH is processed in one-three days. If it takes some longer, most likely, the reason is that the casino is looking for an alternative third-party processor.
As a general rule of thumb, those users who have checking accounts in the USA can use ACH for depositing.
There are not many casinos accepting ACH, but if you’ve found one, you may use this method. Find ACH option in the cashier section of the website and follow the instruction. As a rule, users are requester to insert the number of the checking account as well as the routing number. After the transaction is completed, money is loaded to your account within a few working days.
You may also use ACH for withdrawing your winnings from the casino. Before doing it, try to get information about the time of application executing.
To withdraw cash go to the payout page and choose ACH as a method of withdrawal. Here again, you’ll be requested to enter the number of your account and the sum of money you want to transfer. Follow the instructions to complete the transaction.
Despite certain restrictions, ACH is still one of the most convenient methods of making deposits for American players. The great thing about it is that you transfer your money directly from your account in a bank to an account in a casino without the need of registering in third-party services and revealing your personal data to them.
The biggest disappointment about ACH is the time of transactions processing. Unlike many modern payment systems, it doesn’t provide instant money transfers. Sometimes you need to wait up to several working days for your transaction to be processed.