 |  | Wednesday, 27 February 2008 |
Citadel
There are many ways to pay bills and receive credits online. One of the best is called Citadel. Citadel is an electronic checking service that offers one of the safest online transaction methods available. To open an account with Citadel, you must have a checking account at a financial institution in the U.S. and the check must be payable in U.S. dollars.
Citadel Commerce Corp. offers an electronic checking system that allows players to transfer money from their bank checking account to a casino's e-cash system by writing an e-check. In just 5 minutes you can open your Citadel account, deposit your funds and get right into the heart of the action at your favorite online casino.
Unlike wire transfers and direct deposits which can take several days --or longer-- Citadel's electronic checking system boasts a worst-case scenario of 72 hours though typical times are reported as being a few hours or less.
Citadel is currently available to US resident with US Dollar bank accounts located in the United States. It's also available to Canadian residents with both US Dollar and Canadian Dollar bank accounts in Canada. This is the same group of people that were hit hardest by the withdrawal of the credit card companies from the online casino sites. Citadel has stepped in at the right moment to try to pick up where the credit card companies left off.
Please note that the casinos are insisting that the Citadel account that was used to make the initial deposit must be used for all other related deposits and withdrawals. Also, players must register first with Citadel and have their banking information cleared before they can proceed to deposit and withdraw.
One of Citadel's main attractions is its ability to recovering a bounced e-check. Close to 1.1 million checks are returned every day for non-sufficient funds ("NSF"). Citadel Commerce offers a service to "efficiently and discreetly handle the collection of a customer’s NSF bounced check" by dealing directly with the banks. Since they are dealing with the checking system they are authorized to attempt to recover as much of the check amount as possible from the pre-authorized account.
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