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Cashing/depositing a check from Bovada.....UPDATED

Posted on 1/19/17 at 5:17 pm
Posted by jac1280
Member since Dec 2007
5380 posts
Posted on 1/19/17 at 5:17 pm
I'll be getting my check from them in a few days and I'm trying to get an idea of where I can cash it or if Regions will let me deposit it in my checking account.

I just don't want any trouble with it being an international check. Any advice from experiences y'all had?

TIA
This post was edited on 1/24/17 at 5:02 pm
Posted by Ed Osteen
Member since Oct 2007
57431 posts
Posted on 1/19/17 at 5:20 pm to
My experience from cashing a few checks from sportsbook are that your bank won't give a shite. Deposit it on the app before walking in personally though
Posted by stlslick
St.Louis,Mo
Member since Nov 2012
14054 posts
Posted on 1/19/17 at 5:24 pm to
not sure what bovada is doing, but betonline is having their Canadian banks send the checks in US funds.

So no more having to wait for bank to send to fed, then wait as they force it trough

Got my latest check 2 weeks ago and it cleared in 3 days. Lady said since it's in US funds, it will clear asap.

hopefully all the books are doing this, although bovada is crap.
Posted by jac1280
Member since Dec 2007
5380 posts
Posted on 1/19/17 at 5:26 pm to
Yeah I'm worried that it's going to be a hassle, and in the end, I won't be able to deposit it in my Regions account and I'll have no where to cash it either.
Posted by NorthGwinnettTiger
Member since Jun 2006
51804 posts
Posted on 1/19/17 at 5:38 pm to
Can you not give them a credit card and just have them put the funds back on it?
Posted by nobigdeal69
baton rouge
Member since Nov 2009
2172 posts
Posted on 1/19/17 at 5:39 pm to
I had to mail the check to the main branch in San Antonio then wait about 2 weeks for it to clear. Pretty easy process considering.
Posted by jac1280
Member since Dec 2007
5380 posts
Posted on 1/19/17 at 5:44 pm to
No, they do not pay out on a credit card like they did last year.

What main branch? The Regions main branch? And this was for Bovada?
Posted by rolltide32
Fort Payne, AL
Member since Nov 2013
6514 posts
Posted on 1/19/17 at 5:55 pm to
Last time I had an issue and switched to dealing in BTC
Posted by jac1280
Member since Dec 2007
5380 posts
Posted on 1/19/17 at 5:59 pm to
How did you get actual cash from bitcoin though?
Posted by nobigdeal69
baton rouge
Member since Nov 2009
2172 posts
Posted on 1/19/17 at 6:01 pm to
quote:

What main branch?


Sorry, I have USAA which doesn't have a brick and mortar bank in my area, and you can't deposit a foreign check via mobile app.
Posted by Winston Cup
Dallas Cowboys Fan
Member since May 2016
65477 posts
Posted on 1/19/17 at 6:36 pm to
Canadian checks. Td Waterhouse Canada

Takes a few days to process foreign but always goes thru
Posted by OC tiger fan
Orange county, California
Member since Jan 2010
191 posts
Posted on 1/19/17 at 6:42 pm to
Chances are you will be depositing right back soon anyway.....
Posted by rolltide32
Fort Payne, AL
Member since Nov 2013
6514 posts
Posted on 1/19/17 at 6:54 pm to
quote:

How did you get actual cash from bitcoin though?


It was incredibly easy through Circle.

It's not that hard through Coinbase now
Posted by jac1280
Member since Dec 2007
5380 posts
Posted on 1/24/17 at 5:03 pm to
So my check was cut in Singapore and now in Hong Kong

It will be here Thursday and I'm stressing that regions won't let me deposit and I'll lose the whole check. Someone put my mind at ease.

Thanks!
Posted by 1999
Where I be
Member since Oct 2009
29117 posts
Posted on 1/24/17 at 5:13 pm to
Worst case scenario is they will put a hold on it for a few days. depends on if the back office isn't being ball busters.
This post was edited on 1/24/17 at 5:17 pm
Posted by 1999
Where I be
Member since Oct 2009
29117 posts
Posted on 1/24/17 at 5:15 pm to
How much is check for? If you have compensating funds they should let you cash unless teller is being really strict.
Posted by ShaneTheLegLechler
Member since Dec 2011
60094 posts
Posted on 1/24/17 at 5:17 pm to
I've cashed a few from Bovada and I have no doubt I'm on some list. They've all eventually cleared though. Good luck
Posted by jac1280
Member since Dec 2007
5380 posts
Posted on 1/24/17 at 5:21 pm to
The check is for $2,000. I just plan on trying to deposit it in my checking account.
Posted by ShaneTheLegLechler
Member since Dec 2011
60094 posts
Posted on 1/24/17 at 5:24 pm to
You should be fine. Don't freak out if it takes a little bit longer.
Posted by 1999
Where I be
Member since Oct 2009
29117 posts
Posted on 1/24/17 at 5:27 pm to
Agree. You should be ok. The back office most likely sees those checks all the time...if you tried to cash it on the other hand I could see a teller freaking out.
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