Last updated: April 22 2012
The Automated Clearing House (ACH) Network is an electronic payments network used by individuals, businesses, financial institutions and government organizations. ACH electronic payments provide better cash management capabilities and lower costs than traditional paper payments.
The ACH Network now supports electronic payments throughout all 50 states, the US territories and Canada. Efforts are currently underway for the development of a worldwide ACH Network, the Worldwide Automated Transaction Clearing House (WATCH).
An electronic check or ACH direct bank transfer is a bank transfer from your US checking account to another US checking account. ACH should not be mistaken with Bank Wire, which works a little different and usually involves bank fees to be paid from both parties, while the use of ACH usually is free of charge.
ACH direct bank transfers normally take between 3-5 business days to clear. Some casinos will credit your casino account before the transfer is cleared, but will require clearance before any withdrawal. Other casinos will only credit your casino account when the transfer is cleared.
ACH electronic payments are restricted to US checking account holders.
A list of recommended online casinos accepting ACH
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