eChecks/QuickDeposit denied problems?

Hi,
I am considering depositing using one of these methods. I have been hesitant about depositing this way, but I guess it is really the only option now. My question is, if your bank denies the transaction, has anyone heard of penalties on the user enacted by the bank? Do they freeze your acccount or anything crazy like that or is it just simply a denied transaction. It kinda makes me nervous doing it this way. Any help would be appreciated.

Also are there any banks that people use that work well for this?

Thanks in advance.

Bodog does NOT PAY out........I have to send, send and resend all these verification forms.......been a member for over 10 years and they have all verification and still need more before paying.........no wonder they have no players there......

Unless you have some crazy bank they can't do anything, it is just denied.

This doesn't relate to his question at all, and for what its worth I cashed out of Bodog once, verification wasn't a hassle, and the check got here and cleared in not too long. I don't play at Bodog cause the software sucks, but Ive heard thats been getting better.

To clairfy, bodog has not missed a payout in the 15 years it has been in business. Sending in verification forms prior to withdrawal is a standard practice across the industry- when you are taking money out of the system there is a requirement to protect the card holder to ensure that the deposits were made legitimately.

Thanks,
Becky

I have a friend who cashes out regularly there with no problem at all.

I used Echecks at PokerStars but I found out today that they were taking money out of my account even after I had my account information removed from their site. Thankfully I found out that way I can do something about it. I have read from a few other people that they had the same problem. Now they don't accept Echecks from Arizona residents which is okay with me. I am not exactly sure what to do about them taking funds out of my account and not creditting them to my PS account. I guess even after I had my account information removed they still had it on file for them to continue taking funds out. My last deposit was before Thanksgiving and I found out today that they took funds out on January 11th.