Online Casino Banking – Depositing, Withdrawing and Payment Methods
If you want to play in the real cash mode at an online casino today, you will need to make a deposit into your account and you can add funds quite easily today thanks to the numerous different deposit methods that are currently available. Some of these methods will allow you to just deposit, whereas other methods allow you to deposit & withdraw.
The main online casino payment solutions include e-wallets, bank transfers, credit & debit cards and prepaid cards. You can also now pay by checks/cheques, use money couriers and you can also use company’s such as Western Union to deposit funds into your casino account, plus new methods seem to be popping up all the time.
How to Make Deposits at Online Casinos
Once you have decided on which deposit method you would like to use, adding the money into your account is then the easy part. You will need to visit the cashier section or the banking section once you are logged into your account and then using your preferred method simply follow the onscreen instructions which apply to your chosen method.
You can then use this same deposit technique at whichever casino you decide to add cash to, providing you use the same deposit method. A minimum deposit is generally required, which could be anywhere between $/€/£5 and $/€/£20. As soon as you have entered how much you wish to deposit, you will have to confirm the amount (and possibly confirm several other details). The funds should then arrive almost instantly in your casino account.
How to Withdraw Money from Online Casinos
Making a withdrawal from an online casino is just as easy as making a deposit. Just like the casino has a minimum deposit limit, they also generally have a minimum (and maximum) withdrawal limit. Once you have selected your preferred withdrawal method and the amount that you wish to withdraw, follow any instructions that appear on screen in order to complete the transaction.
Withdrawals are generally not instant. Cashing-out your winnings from an online casino can take up to 48 hours. However some of the leading online casinos, together with certain online payment solutions have managed to reduce this time limit. This means that sometimes, withdrawals can just a few hours. The amount of time it takes to receive your cash will depend on what day of the week and at what time of the day you are trying to withdraw.
Visa, MasterCard & American Express
Using a bank card such as Visa, MasterCard or American Express is one of the most reliable ways to deposit and withdraw from an online casino. Providing you have signed up to one of these methods and also providing you have a registered account with an online casino, you should find that using this method is quite straightforward and perfectly secure.
Using one of these cards to deposit funds means that as soon as you have confirmed the amount, the cash should arrive in your casino account within seconds. The only reason it won’t have arrived is if you are trying to deposit more than you have available on your credit card.
PayPal is an extremely popular online payment solution, which is more commonly referred to as an e-wallet. This reliable online casino payment method allows you to deposit funds into your casino and it also allows you to withdraw your winnings.
You will need to link your valid/active bank account to your PayPal account and this is how you can top up your PayPal account. Once you have funded your PayPal account, you can then use these funds to send directly to your casino account. All you need to do is follow the instructions once you have selected PayPal in the casino cashier.
NETELLER is one of the most popular e-wallets available online today and it has become a particular favourite among online casino enthusiasts. Although you don’t actually need a bank account to fund your NETELLER account, it would be a good idea to connect your NETELLER account to your bank account if you have one.
This leading e-wallet also allows you to deposit and withdraw and it is free to use. The other thing that makes NETELLER so popular is that it is easy to use and when you process a transaction with this e-wallet, the funds are generally sent to your casino account instantly.
Skrill (formerly moneybookers) is a reliable online payment solution and much like PayPal and NETELLER, this has become one of the most popular e-wallets from online gamblers today. Skrill also allows you to deposit and withdraw and it is free to use.
You will need to have a valid bank account and then you can connect your Skrill account to your bank. Once you have linked the two together and funded your Skrill account, you will then be able to send funds from Skrill directly to your casino account in a matter of seconds, just like with PayPal and NETELLER.
Click2Pay is also a popular e-wallet which allows you to deposit and withdraw to and from your online casino account. This is free to use and you can also connect this to your bank account. Processing transactions with Click2Pay is quite straightforward and this is one of the main reasons that it is preferred by online gamblers.
Adding funds into your casino account using Click2Pay means that your cash should arrive within seconds of having made your deposit. Withdrawals can take slightly longer, but this method is just as reliable as PayPal, NETELLER and Skrill.
Ukash is a reliable online casino payment solution which allows you to deposit funds into your casino account. This ISN’T a withdrawal method, so you would need to find an alternative method when the time comes to withdraw your winnings. This is basically a prepaid card, otherwise known as a prepaid voucher.
You will be issued with a unique serial number when you buy one of these cards, just like you would when topping up your mobile phone. Ukash cards come in various different denominations and you can purchase Ukash cards from various different land based and online merchants. Using one of these cards to top up your casino account is then quite straightforward.
Direct Bank Transfers
Players can now transfer money to and from their online casino account using Direct Bank Transfer. You may be charged a small fee to use this online casino banking method and transactions can, in some cases, take up to five days to be processed with this particular method. However, this is still a reliable solution.
You will need to have a valid/active bank account to use Direct Bank Transfer. Your banking information must be entered when making a deposit and then you will need to confirm the amount and the bank details before the transaction can be completed. This is a popular method, however some players may find that Direct Bank Transfer can take too long compared to credit/debit cards, e-wallets or prepaid cards.
Wire Transfers are a secure and reliable method used by online gamblers, but one of the main reasons why this method isn’t the most popular of all methods is because it is generally not as fast as using e-wallets, prepaid cards or credit & debit cards. This is an electronic money transfer method that moves funds from your bank account and then into your casino account.
This method is ideal for players who prefer not to use credit/debit cards. It is a perfectly secure method and it is generally quicker than other less popular methods such as checks/cheques. The other main reason that this remains one of the most popular online casino banking methods is that this it is accepted at almost every online casino.