The Lowdown on eCashout Payments at Ontario Casinos

5 Reasons to Use eChasout Withdrawals

The short and sweet version – eCashouts are fast, free, easy to use, always reliable, and compatible with absolutely every bank in Canada. We could leave it at that, but as they say, the proof is in the pudding. So we’ll go into more detail on each of those stellar features.

Payments Arrive Quickly

eChasouts facilitate through a process known as Automated Clearing House System; ACH for short. ACH was considered a fast payment option a few years ago, when it took up to 24 hours for the money to arrive in your bank. Today, through the wonders of digital technology, ACH payments are instant. the moment an online casinos approves your payout, the money appears in your bank account

Note that online casinos don’t process cashouts instantly. Most require a 12-48 hour pending period to review and process the payment. Some will do it in as fast as 1-2 hours. However long that takes, you can expect your eCashout withdraw time to be instant thereafter.

eCashout is Free!

Not a typo, ladies and gentlemen – eCashouts don’t cost you a thing! How could this be? Because the parent company, Gigadat Express Connect, collects a small base fee from the merchants who support it. The only fees you may incur would come from your bank or your online casino. It’s rare either would pass such nominal fees on to their customers, but still something to watch out for.

Simple to Use

Requesting as eChasout is a painless process. All you need is your name, bank account number, and your bank’s routing info. With direct deposits and eCommerce being so widespread today, that last bit of information is easy to find.

Most bank’s post their ABA/Swift code (routing number) directly on their website. If it’s not visible on the front page, there’s probably a link to it there. It also appears on paper cheques. If all else fails, you can always call your bank and simply ask for it.

Reliability

Not much to say here except that eCashout payment just work. So long as your information is provided correctly, and the requested funds are available for transfer, they always work.

Available to All Canadian

Last but certainly not least, eCashouts are available to anyone and everyone with a Canadian bank account. It doesn’t matter if it’s a government bank, chartered bank, credit union or trust. Every financial institution is capable of receiving ACH transfers. Thus every financial institution will accept eCashout payments, provided it has offices in Canada.  

How to Collect Winnings from eCashout Casinos

We’ve touched briefly on this topic already, but here’s the full version. To cash out winning from an online casino with eCashout, follow these basic steps:

1. Log into your online casino account and make your way to the banking section.
2. Choose to make a withdrawal, selecting eCashout as the preferred method.
3. Follow the instructions, providing your personal and financial information:
   • Your legal name, as it appears on your bank account;
   • Bank’s transit number, institution number, and your bank account number;
   • The amount you wish to withdrawal.
4. Double-check that all the information is correct, then submit the payment.

That’s all you have to do. The online casino will then review the payment and if everything checks out, press the magic button approve process it. At that very moment, the eCashout takes place, immediately sending the funds to your bank account.

Ontario Casinos that Support eCashout Withdrawals

Perhaps the most surprising thing about eCashout withdrawals is how few iGO-licensed (i.e. legal in Ontario) gambling sites have chosen to integrate the system into their payment options. As appealing as it is to customers, there’s only one Ontario iGaming operator we’ve found promoting it, and that’s LeoVegas.

• See our Complete Review of LeoVegas Ontario