You may have become aware recently that some of the online casinos are now accepting virtual checks.
Virtual checks, otherwise known as echecks, are like writing a check out of your checking account but when you do it on line you write in all the necessary information the bank would need to cash your promissory note.
Simply enter the routing number, your bank account number, the name of your bank and if you’d prefer (and I would recommend) add your check number and then tear up the check.
If you always add your check number and tear it up then you’ll never have to wonder about things later when doing books because the number will be assigned – the problem with not using a check number is that if someone were to charge you for a deposit you never made you would never have to question yourself about whether you made that deposit or not, that is, assuming you do write your checking down.
Bottom line: assign a check number and tear up that check.
eWalletExpress was seized by USA authorities in what will likely be a situation similar to NETeller where members will have their funds tied up for an extended period of time.
I was able to warn people about the NETeller implosion but this came to me as big a surprise as to most others.
I will post more about this situation as news becomes available.
…………
Update Sunday, Nov 21:
I have heard that the same expectation may be possible happening at QT/UseMyWallet , or in any case they have shut down all funding options except the international banking option which when clicked on, involves taking you to a page that provides the banking information which I would assume you are to pass on to your bank and have them send the money. I imagine this is by far the least used option for funding QT and if nothing else I would be getting my money out of QT and into a casino account or if you feel there is time you can try withdrawing back to your bank.
eWalletExpress:
has definitely been overtaken by US authorities and as such expect if you have funds in there, that they may be tied up for three years (I was told it took that long for some NETeller customers to get their money when the US shut down that ewallet some years ago).
So don’t give up on the money if you have some in there. Just be prepared that it might be a while before they release it to you.
