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ACH Casino List
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So, you need a list of ACH online casinos, eh? Well, you have
come to the right place. This list is updated every month so that you have the
newest ACH Online Casino list.
ACH - ACH is an automatic bank transfer of funds directly into the casino. This
is only available to US citizens. The advantage to using ACH is that it is fast
and secure, no credit cards are required.
The casinos listed below prefer ACH casino deposit. The deposit is safe and
quick. With ACH deposit method you can also withdraw your winnings right into
your bank account. Cheers!
--< Watchdog
>--
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1. Sun Palace Casino
- Great live help and support
- Accepts Bank Drafts and Bank Wires (ACH Casino) - Special Western
Union online casinos Deal (Exclusively from Casino Watchdogs): 100% Buy $450
Get $450 More!
2. Shark Casino - ACH Casino
- Wager Requirements: 15X (Deposit + Bonus)
- Special ACH Casino Watchdogs Deal (Must click the banner): 200% Match Bonus
- Odds: .41% Blackjack
- 128 Bit Security
What is an ACH Casino?
The ACH Network is a highly reliable and efficient nationwide batch-oriented
electronic funds transfer system governed by the NACHA OPERATING RULES which
provide for the interbank clearing of electronic payments for participating
depository financial institutions. The Federal Reserve and Electronic Payments
Network act as ACH Operators, central clearing facilities through which
financial institutions transmit or receive ACH entries.
ACH Deposit Explained
ACH payment processing refers to the moving of money electronically.
Essentially there is a communication network that uses the Federal Reserve
Banking system to transfer money to and from checking/savings accounts. The
Automated Clearing House (ACH) is the name given to system that accomplishes
the transfers.
Technical Aspects of ACH Casinos
The Automated Clearing House (ACH) is an electronic payment network used by
individuals, businesses, financial institutions and government organizations.
Electronic ACH payments provide better cash management capabilities and lower
costs than traditional paper payments. The nationwide network exchanges funds
and information throughout the 50 states as well as the U.S. territories and
Canada with participation by over 98% of the nation's financial institutions,
including thousands of savings banks and credit unions. Efforts are underway
for the development of a worldwide ACH Network -the Worldwide Automated
Transaction Clearing House (W.A.T.C.H).
The ACH network allows funds to be electronically debited or credited to a
company's or individual's deposit account. Currently these deposit accounts
include checking and savings accounts. As of September 15, 2000, ACH credit
transactions may be directed to loan accounts and ACH debit and credit
transactions to financial institution general ledger accounts. ACH transactions
carry basic entry details such as the individual name (except Point-of-Purchase
transactions), financial institution routing number, account number, amount and
effective date for the transaction. Additional payment information may be sent
in expanded record formats called addenda records. The addenda may include
payment-related information such as invoice number or shipping advice.
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