accounting chequeThis cheque is not paid cash. Money are transfered to the bank account. You can find this type of cheque at all online bookmakers.
cash cheque (is not used by gambling) This cheque is paid cash and only to its beneficiary.
Cheque is a security, which serves as a payment order. The owner of the cheque accredits another person (bank) to pay a given amount for the benefit of a third person (reminent).
How does the Cheque work ?
indication with the word „cheque“
date and place of drawing a cheque
name of the bank, which realizes the payment
requested amount by words or number
payment order for paying of required amount
place of payment
signature of the persomń, who has drawn the cheque
Are there Any Fee at Cheque ?
Banks charge a fixed amount and percentage of a given amount. Almost every bank has different pricelist and therefore we recommend to find out about this information. If you would like to cash the cheque in USD, you will have to pay a fee of 8 EUR to 34 EUR.
Know About Cheque
The bank is stated as a drawee, that is way it is possible to pay it fully only in the bank. If the owner draw an accounting cheque to the beneficiary, first he has to ask the bank. Then the bank pre-assigns the amount to the beneficiary´s account (because of the cheque cheating) and sends the cheque to his bank. Bank of the owner takes the amount from his account and assigns it to beneficiary´s bank. It will assign the amount to beneficiary´s bank.
Process of deposits and withdrawals by cheque at gambling
Almost all of the online gambling providers accept only acounting cheques.The disadvantage of using acounting cheques is, that the transactions take different times (several days, or weeks, it is depending on the bank).
Terms of presentment for cheques:
8 days ( subjected in domestic country)
20 days ( subjected in Europe)
70 days ( subjected outside the Europe)
Tha day after the cheque has been drawn, the term of presentment for cheque is starting and it is finishing by the last day of maturity. After the time of the cheque is up, it is possible to cash the cheque only with the agreement of the bank. The bank is not required to accept.
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