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  #1  
Old 08-22-2007, 03:50 AM
bmxreed36 bmxreed36 is offline
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Join Date: Dec 2004
Location: Gogogogo Gadget BOOMswitch!
Posts: 1,021
Default Re: The return of eChecks on PokerStars

Hello Benjamin,

Thank you for your email.

Yes, withdrawals will and are available at this time for players who use eChecks and have made at least one successful deposit. With eCheck, we have two different limits in place; one set by PokerStars and one set by our processor. These processor's limits will allow a maximum of 3 transactions per 24 hours. The cashout limits are still in beta testing.

Please keep in mind eCheck transactions are not debited in real time and take around 5 business days to fully settle. Any bank in the US should allow for these transactions to go through.

Regards,

Anna
PokerStars Support Team
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  #2  
Old 08-22-2007, 07:34 AM
uphigh_downlow uphigh_downlow is offline
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Join Date: May 2005
Posts: 293
Default Re: The return of eChecks on PokerStars

Gave it a test run...

Echeck: deposit was instant. Deposited amount is withheld from cashout for 7 days.

Echeck: withdrawal available. Will report when the cashout hits the bank( BoFA)
----------------------
Cashout request time: 2007/08/22 07:25:15

Cashout amount: $500.00


$500.00 will be credited back to your account (1***************2560).


If you have any further questions regarding this transaction,
please contact cashier@PokerStars.com

----------------------------------------------
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  #3  
Old 08-22-2007, 07:41 AM
Sciolist Sciolist is offline
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Join Date: Jun 2005
Location: London
Posts: 4,135
Default Re: The return of eChecks on PokerStars

There're two types of cashouts - creditback and overcredits. Creditbacks are where the initial deposit is effectively cancelled - it's returned immediately, but only applies to some deposit methods. Overcredits are only made when all creditbacks have been used (i.e, you don't have deposits that can be cancelled).

eChecks can only do overcredits, so if you have creditbacks available still from other deposit methods, the system will process those first.

As for who is eligible, I don't know the criterea used (and probably wouldn't be able to tell you if I did), but these things are typically rolled out over a small proportion of the player base first, incase anything goes wrong.
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