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Bank Draft

Using the bank draft casino funding method to fund your high stakes online gambling.

The most secure way of funding any online casino account is always going to be a bank draft. While a bank draft casino is not that hard to find there are some inherent problems that you will have to overcome should you choose this as your primary method of funding an online account.

In short, a bank draft works in much the same way as a personal check except these are issued by the bank themselves and do not require you to have a checking account. With the onslaught of personal check fraud being committed around the world there has been a steady decline in establishments in all industries that accept personal checks. A bank draft on the other hand is guaranteed by your bank so you know that any online casino should really accept it.

The main problem with using a bank draft casino funding method is that it can take an awful long time to complete the transaction. The first step is to get the bank to issue you with a bank draft to the amount that you have requested, this will instantly be removed from your actual bank account and in effect sits in limbo until the bank draft is cashed in. From here you will need to add all of your personal details and your casino account number, which some casinos ask you to write on the back of the draft, and send all of this together to the address supplied by the casino cashier.

Once the casino has received the bank draft they will place it into their account and wait for it to clear. Once cleared your account will be funded with the appropriate amount of credits according to the value of the bank draft. Just the clearing period alone could take up to ten days in total so as you can see you could be looking at a two week period before your account balance shows your new deposit.

Although this method may not appeal to you now, when you consider that for large sums of money there is no better option you will understand why there is still a long list of casino that accept bank draft as a payment method. For a list of bank draft casino sites simply browse through Gambling Planet’s affiliates, each one has been vigorously reviewed by our panel so you know exactly what kind of service to expect when you get there.