What happens if echeck deposit bounces

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  • ThaWoj
    SBR Hall of Famer
    • 03-09-10
    • 6741

    #1
    What happens if echeck deposit bounces
    I deposited via echeck to BOL like 300 and I chose "savings" instead of checking. Will the check bounce or will it just come out of my checking account?

    What will happen to my balance if the check bounces for some reason (assuming i have a balance). Would all my funds be taken?
  • Headsterx
    SBR Posting Legend
    • 12-03-16
    • 22375

    #2
    The check is going to bounce. Just transfer money from your checking into savings. But if not, then it will bounce and your BOL account will be negative. Most likely they will close your account until you clear the negative amount.
    Comment
    • DontTailMe
      SBR MVP
      • 03-24-19
      • 2897

      #3
      Originally posted by Headsterx
      The check is going to bounce. Just transfer money from your checking into savings. But if not, then it will bounce and your BOL account will be negative. Most likely they will close your account until you clear the negative amount.
      Will that even work? He gave them an account number too, right? It's not clear, but it sounds to me like OP provided a checking account number but called it savings.
      Comment
      • Headsterx
        SBR Posting Legend
        • 12-03-16
        • 22375

        #4
        Originally posted by DontTailMe
        Will that even work? He gave them an account number too, right? It's not clear, but it sounds to me like OP provided a checking account number but called it savings.
        Ah ok, I misunderstood. I thought he was saying he selected his savings and his savings account info. But he gave his checking account info and selected savings. He has nothing to worry about as it will be taken out of his checking account.
        Comment
        • stevenash
          Moderator
          • 01-17-11
          • 65135

          #5
          ^
          Yeah, the OP should be fine.
          Comment
          • ThaWoj
            SBR Hall of Famer
            • 03-09-10
            • 6741

            #6
            So just curious if the check or any check was to bounce, would they confiscate any won funds from the deposit? Or would they give a chance to fix it (using crypto, wes union, etc)?

            I would hate to go on a run and a mistake would cost all the winnings
            Comment
            • stevenash
              Moderator
              • 01-17-11
              • 65135

              #7
              Originally posted by ThaWoj
              So just curious if the check or any check was to bounce, would they confiscate any won funds from the deposit? Or would they give a chance to fix it (using crypto, wes union, etc)?

              I would hate to go on a run and a mistake would cost all the winnings
              Notify their CS, explain to them.
              Comment
              • DontTailMe
                SBR MVP
                • 03-24-19
                • 2897

                #8
                Yeah, I would just notify them over chat right now to get it on the record. Then you shouldn't have any problem no matter what happens. BOL is very reasonable.
                Comment
                • stevenash
                  Moderator
                  • 01-17-11
                  • 65135

                  #9
                  ^
                  Or get Opti in this thread, he's your go-to guy.
                  Comment
                  • Optional
                    Administrator
                    • 06-10-10
                    • 60642

                    #10
                    Originally posted by ThaWoj
                    So just curious if the check or any check was to bounce, would they confiscate any won funds from the deposit? Or would they give a chance to fix it (using crypto, wes union, etc)?

                    I would hate to go on a run and a mistake would cost all the winnings
                    Betonline are better than most. They will usually ask you to resend the deposit money if it is the first time and you are a regular customer.

                    But if they are suspicious you did it on purpose, like a new account doing it early on, they have cancelled action.

                    Most of the time they give you the benefit of the doubt though.
                    .
                    Comment
                    • Optional
                      Administrator
                      • 06-10-10
                      • 60642

                      #11
                      Make sure there is enough money in both accounts if possible?

                      Sounds like it will come from checking though to me.
                      .
                      Comment
                      • lonegambler23
                        SBR Hall of Famer
                        • 06-22-16
                        • 9761

                        #12
                        wojer your getting desperate man. stop gambling!!!!!!
                        Comment
                        • Headsterx
                          SBR Posting Legend
                          • 12-03-16
                          • 22375

                          #13
                          Somehow I think there’s an underlying question op really want to ask… 😂😂😂
                          Comment
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