Quote:
Originally Posted by ghost_of_m
With the Internet gambling law, many banks want nothing to do with online gaming. Even now that it's regulated, they don't want to explain to auditors why they allow these transactions and not others.
If you guys are going to recommend ACH, can I ask that you just list which banks you use right now? At least then we can get a list of banks that seem to work. The only time we hear about banks is when they refuse to process these transactions.
So far, I've only used ACH, and I'm with jp morgan. I tried using my debit card first, it got declined, and went to support to see what was good. They advised me checks/ach is the fastest and most efficient, that most players use. And they weren't lying.
So far in and out going transactions take 1 business day to go through. It's pretty cum inducing tbh.
Btw, that isn't a bad idea that someone mentioned, to open a separate checking account strictly for gaming transactions in jersey. Since the winnings get taxed anyway it's better that way and easier to keep track of what's going on.