Bank Draft
Numerous online poker rooms will allow customers the opportunity to use Bank Drafts. The sites also cover the processing and shipping fees related to the players account. Players using the Bank Draft method are also entitled to any poker bonus available to players who deposit via other traditional methods. Bank drafts word in a similar fashion as personal checks. The only difference being, it takes slighlty longer for a bank draft to clear.
The general practice of a bank draft is that it will generally take up to 10 business days to clear, on the other hand, personal checks someime take up to three weeks to clear.
Bank Drafts are also referred to as Xpress Payments. In order to use a bank draft as a processing method, players are required to have a valid banking account. Bank drafts are available in multiple currencies. With no currency exchange, acount holders from the USA are unable to receive funds in UK pounds or Euros.
Each casino or poker room have certain instructions on how to initiate the transfer of funds. The general process is the the player will have to post a personal check to the Express Funds Processor tied to the casino or poker room. Once done, they will transfer your funds into a bank draft.for the casino, who will in turn, transfer the funds into a bank. Players have the option to FedEx or priority ship their checks. The poker room or casino will then transfer the funds into the players account for use. The poker room will supply all of the account an mailing information on their website. You will find this information when you click on the cashier section of the website and select your method of payment.
Recommended Sites :
1) PartyPoker.com - Use Bonus Code "MYBONUS" on Registration. PartyPoker Does not Accept USA Residents.