ACH Direct Deposit Online Casinos
Players across US online casinos do not get that many payment method choices at their disposal compared to, say, players from Europe. But there's one solution that they can use for certain. ACH has been around for ages and has only been improving with time. With this solution, players can make deposits and receive their winnings directly from and to their personal bank account. What’s easier than that? Due to this convenience, you will see ACH offered at most, if not all, top US casinos. Why choose ACH as your online casino payment method?
ACH, or what’s short for Automated Clearing House, is a traditional payment method that has been available in the US for ages. Its system was initially created by the Federal Bank, and regulated by the Federal Reserve and the National Automated Clearing House Association. Since 2002, you’ll find it under the name ACH Payment Solutions (ACHPS), led by the CEO James L. Palppert, President Rick Edelen and the VP of Operations and Finance Julie Sauer, all experts in finance and former employees in respected financial institutions throughout the US.
But what does this solution do? Well, this is an e-payment system allowing merchants, or in our case, the online casino operator, to electronically debit money to the client, or in our case the player’s personal bank account via direct bank transfer. The operator just needs to give the solution permission and the system will deduct money from its bank account and transfer it to the player’s account. It may go the other way around, meaning, the solution can also be used for deposits, but it is mostly used for withdrawals by US players, and it is actually an incredibly popular withdrawal method across US casinos.
The catch is, while this is a super convenient method to use, since you won’t need to create any additional accounts with other solutions to deposit or withdraw, the waiting times are a bummer. It takes 3 to 5 days for the transaction to go through, in fact. And that’s why the solution is mostly used for withdrawals. Another thing to remember is that only US bank account holders can actually request a transfer with this solution, so if either the casino or the player does not have a US bank account, the transfer cannot be finalized.
In fact, the solution functions entirely in collaboration with US banks and the US standard banking system, so to use it, you have to have an active bank account. On the plus side, though, as a US online casino player, you can use it knowing that your funds will always be safe, and regulated by the top regulating bodies. And that's why it is actually one of the preferred payment solutions across many online casinos. Let's see how it functions and how to start using it for safe withdrawals, and deposits, if you wish.
How to Start Using ACH
This solution is actually the facilitator, the link between you, your bank and your online casino. It collaborates with third parties to ensure that the transaction goes as smoothly as possible, but you’re not bugged with those details.
All you need to do is request a transfer via the solution, and the solution will make sure to deduct money from either your or the casino's account, depending on whether you want to make a deposit or a withdrawal. You or the casino need to give the respective permissions for the transaction to proceed, of course.
The best part is, to request a transaction with it, you won't need to create any new accounts, or register somewhere. Since the solution works in line with the banking system in the US, all you need to do is use your online banking profile to request a transaction. In fact, all you need to do is choose it as your default payment method at the chosen casino and enter your banking details. Whether for a deposit or a withdrawal, the solution will make sure the money is deducted from the respective account and transferred to the desired destination.
Depositing and Withdrawing with the Solution
Basically, we just explained how you could make a deposit or a withdrawal with the solution. But before we go into detail about how the procedures would actually be done in casino settings, let’s tell you more about its acceptability across casinos. In fact, this is one of those traditional payment methods available in most international online casinos that accept US players. Since it works incredibly for US transactions, operators from all over the world make sure to include it in their payment methods offering. Plus, the US online casino gambling scene is positioned for growth, meaning you’ll continue seeing it being offered across brand-new casinos. That’s why you won’t experience any problem finding a casino that accepts it to start depositing and withdrawing with it.
To request a deposit, all you need to do is choose a casino, join it and do the following:
- Visit the casino’s Cashier/Deposits/Payments page.
- Locate ACH’s logo and click or tap on it.
- Enter your bank account details in the pop-up window.
- Specify how much you’d like to deposit for the solution to know how much to deduct from your bank account.
- The solution will ask for your permission, so confirm the transfer.
- The money will be deducted from your bank account and added to your casino balance.
Deposits with the solution do not take as much time as withdrawals do, so it won’t be long before the money arrives on your account.
Withdrawals, as said, take up to 5 business days, but they are absolutely convenient since, with this solution, large transactions can be processed. This comes in handy if you’ve won a jackpot prize, say, playing Mega Moolah. You can cash out the winnings which normally get transferred to players in batches, all at once. With this method, in just 5 days, you’ll receive your jackpot winnings smoothly. That’s one of the main reasons why US players choose it for withdrawals over any other solution.
Withdrawals are done pretty much the same way as deposits, so just go through the following steps:
- Go to the casino’s Cashier/Withdrawals/Payments page.
- Find ACH’s logo and press it.
- The casino’s banking details are probably pre-entered, so just enter yours.
- Specify how much you wish to withdraw.
- Wait for the casino to give the proper permissions and check whether you are allowed to withdraw as much as you’re requesting.
- In up to 5 business days, ACH will process the money, and you’ll see your winnings arrive on your personal bank account.
Coverage and Restrictions
The country restriction is rather obvious, as you can only use ACH if you’re a US citizen. Another obvious restriction is that you can use it only if you have an active US bank account.
The solution has been designed for US citizens and works in terms with the US banking system, so unless you’re from the US, with an active US bank account, you cannot use it.
Fees and Additional Charges
ACH transfers are subject to a flat fee or a percentage, depending on the banks involved. The flat fees can go anywhere from $0.20 to $1.5 per transaction.
The percentage fees can go from 0.5% to 1.5%, and there may be some other fees involved, depending on several factors. You would need to consult with your bank before you request a transaction via it, and it won't hurt if you consulted with the casino's Customer Support, too, to find out more about the fees involved.
We mentioned this several times throughout the article and in the Coverage and Restrictions section, so it is clear to you by now that only players from the US can use the solution, with active US bank accounts.
Therefore, the only default currency you can use is the US dollar, obviously. Since US banks support other currencies, as well, for a currency conversion fee, you will probably be able to use others, too, but you’d need to consult with your bank about that.
ACH Payment Solutions actually has an official website, so you can explore it if you wish to find out more about the services it offers. On the site, you will find the Contact Us page, where you can see the address, phone and fax lines to the sales and corporate offices.
There is a toll-free number to contact Customer Support, too, 855-339-9550, and an email address you could use [email protected]. Unfortunately, there’s no FAQs page you could visit.
Also, before you decide to contact the solution, always remember to contact the casino’s Customer Support first, in case you have any questions about transactions with this solution since the Customer Support teams across online casinos have been trained to answer questions related to payment methods.
In short, ACH is one of the most perfect solutions to use as a US player. The solution is solely available to US citizens with an active US bank account, so it is there to cater to your needs. All things considered, it is also one of the most cost-efficient methods to use, charging small fees for the convenient service it offers. You’d be transacting using your personal bank account, without the need of registering any new accounts to use it.
All you need is your online banking profile and your permission for the solution to deduct money from your account when depositing, and all you need is to enter your banking details when withdrawing; the solution will take care of the rest. The biggest advantage to it is that it can process large transactions, so if you ever hit a jackpot prize, do not hesitate, and request your withdrawal using this amazing solution, to get all your winnings at once, directly on your bank account, in up to 5 business days!
Are transactions with ACH reversible?
Yes. Considering the solution works in terms with the standard banking system in the US, in case a transaction needs to be cancelled or there was something wrong with it, the funds are returned to the sending party.
Does ACHPS offer any other services?
Yes, sure. You can visit its official website to find out all about the services offered, which are credit & debit card processing, recurring bill payment services, electronic payment solutions and online bill payments.
Is the official website available in many languages?
No. Given the fact that this is a solution available on the US market only, the only language you can use to access its official website is English.
Is its Customer Support available via social media?
Unfortunately, no. There’s no info on any social media profiles listed on its official website, so the only way you can get in touch with its Support team is via phone, email and fax.
How many online casinos offer it as a payment method approximately?
The exact number of casinos offering it as a payment method cannot be pinpointed, since the solution is added to brand-new casinos constantly. Here on our site, you will certainly find over five online casinos offering it, which accept players from the US.