The return of eChecks on PokerStars

[THAY3R]

Doubt you can withdrawal with Echecks. It's just a more efficient way of you sending them a check : They create a "check" in your name with your bank account and then take the funds from your account that way. Bodog has the same thing.

To cashout out they will still have to send you a check and have you deposit it.

[soah]

[ QUOTE ]
Doubt you can withdrawal with Echecks. It's just a more efficient way of you sending them a check : They create a "check" in your name with your bank account and then take the funds from your account that way. Bodog has the same thing.

To cashout out they will still have to send you a check and have you deposit it.

[/ QUOTE ]

You could do it before under the exact same system.

Since for some reason they won't actually mail checks to me, this would be a huge improvement over having to pay for wire transfers.

[THAY3R]

How was it the same?

Before, Neteller/PP IGMPAY would do direct deposits and direct withdrawals.(EFT's) This is different. This is them creating a check in your name and then withdrawing off that from your bank account. They can't deposit a check into your account for you.

[thing85]

[ QUOTE ]
Before, Neteller/PP IGMPAY would do direct deposits and direct withdrawals.(EFT's) This is different. This is them creating a check in your name and then withdrawing off that from your bank account. They can't deposit a check into your account for you.

[/ QUOTE ]

Perhaps, but this is how Stars describes this new deposit method:

[ QUOTE ]
eChecks is a great deposit option which allows you to make safe and secure electronic fund transfers (EFT), directly from your bank account to your PokerStars account.

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[kcheel]

I got it also. Not crazy about giving out my whole SS# though to do it.

[Slim Pickens]

Let's see if $600 works.

[grouchie]

too bad they aren't offering a bonus offer to try out the new system [img]/images/graemlins/smile.gif[/img]

[tautomer]

This is from the PS echecks page

What about my cashouts?
When you request a cashout, any amounts that you have previously deposited using eCheck will automatically be credited back to your bank account whenever possible. Credits will be processed in the order that you made your deposit requests, from the oldest deposit to the most recent.

Please visit our Cashout Policy page for more details on how cashouts at PokerStars are processed.

[grouchie]

But the page is not up to date because it also says

PokerStars stopped accepting deposits and cashouts from US players via eChecks as of the evening of January 17th, 2007.

and their limits are slightly different. The client says $600/day and per 7 days.... Web page says $500/day /7days



[ QUOTE ]
This is from the PS echecks page

What about my cashouts?
When you request a cashout, any amounts that you have previously deposited using eCheck will automatically be credited back to your bank account whenever possible. Credits will be processed in the order that you made your deposit requests, from the oldest deposit to the most recent.

Please visit our Cashout Policy page for more details on how cashouts at PokerStars are processed.

[/ QUOTE ]

[Sean Fraley]

It would be really nice if someone from PokerStars' support would post in this thread and clarify the situation concerning cashouts.