Home » Online Casino Banking | Best Banking Methods

Online Casino Banking | Best Banking Methods

Banking is a service that is rendered for players to be able to save and make investments through the bank of their choice. When making use of online casinos, always take care to use casinos that are legalised, safe as well as trustworthy.Casinos offer real money casino games which are very safe as well as providing you with a ton of entertainment! They make sure that you can make your deposits and withdrawals seamlessly and effortlessly. The list below of different banking options are guaranteed to be safe, and very easy to use.

When making use of online casinos, always take care to use casinos that are legalised, safe as well as trustworthy. Casinos offer real money casino games which are very safe as well as providing you with a ton of entertainment! They make sure that you can make your deposits and withdrawals seamlessly and effortlessly. The list below of different banking options are guaranteed to be safe, and very easy to use.

Top Online Casino Banking Sites

1.	250+ GAMES	98% Payout	AU$1000 play nowRead Review
2.	1100+ GAMES	97% Payout	AU$300 play now Read Review
3.	700+ GAMES	99% Payout	AU$2000 play now Read Review
4.	250+ GAMES	98% Payout	AU$8888 BONUS play nowRead Review
5.	250+ GAMES	98.30% Payout	AU$3000 play now Read Review
6.	500+ GAMES	98% Payout	$3500 BONUS play nowRead Review
7.	130+ GAMES	97% Payout	AU$2000 play now Read Review

How We Compare Banking Methods

Players want to play at casinos that offer them fast payouts. check the following banking methods. Players should also make sure that they check the privacy policy of the casino before they go further.

Credit and Debit Cards

One of the most favoured modes of payment when it comes to online casinos are credit and debit cards. These include VISA, VISA Electron, MasterCard, and Maestro. With the best security encryption, these methods are safe and reliable to use. For one to make a deposit using a card payment, what you need to do is the following; fill in the relevant fields. These will include, your name, surname, card number, expiry date as well as your CVV number. Your CVV number will be the last three digits at the back of your card or if you are using an American Express card, the last four numbers. Choose the amount you wish to deposit, and you’re done. Credit and debit cards can also be used to make withdrawals, provided the online casino provides this option. The only distinction between the two is that a player can only cash out the same amount that you have deposited using this form of card payment.

VISA

By making use of your VISA card, this will enable you to deposit or withdraw from any reputable online casino. By using your card information, making deposits is very easy and can be processed at the same time- there is no waiting period. You are not required to set up any special accounts or memberships to proceed. VISA cards that are issued by your bank do have the option of setting the standards and regulations for gambling sites, and sometimes you may find when proceeding with online gambling is that it may block you.

MasterCard

Making a deposit with your MasterCard is relatively easy, and is very similar to doing it with your VISA card. Something to be mindful of, are that the restrictions that your bank may set on your card when it comes to gambling transactions, but as mentioned above, this is very rare. The majority of online casinos do accept MasterCard.

Electronic Wallets

This is one of the most popular ways online casino banking works. E-Banks or E-Wallets such as Neteller, Skrill, and PayPal are commonly used on shores to make withdrawals and deposits. Making use of the e-wallet option your deposit transactions are processed immediately and cashing out your payout takes less than three days to clear, and it is relatively cheap. By making use of this online casino banking option, the costs are incredibly low, and you don’t have to divulge any of your personal or banking information. With some of these e-wallet services, they may give you the option to get an ATM card to claim your winnings immediately.

Neteller

This is one of the leading e-wallet services that online casino players continue to use frequently, and is also a fantastic way in which to manage numerous casino accounts at the same time. What you need to do is open a Neteller account, and link it to one of your credit, or debit cards or any other mode of funding. This enables a user to deposit money into their “wallet” whereby you will be able to put money into your online casino accounts.

Skrill

This was previously known as Moneybookers and works in a similar way to Neteller, and one of the advantages that it has over its competitor is you can make use of your funds at other online stores. You can make deposits and withdrawals easily through your Skrill account.

PayPal

This remains one of the fastest and most reliable online casino banking methods to use. What you need to do is make sure that you have a valid credit or debit card to register an account. By making use of the PayPal service, it means making withdrawals and payments is so much quicker! What you need to do is click on the deposit option the main menu, and fill in all relevant fields, such as personal information and the amount in which to withdrawal or deposit. Although it was designed primarily for business purposes, it is still a favourite with online casino player!

Instant Bank Transfer

This mode of online casino banking is extremely popular and it is easy to see why. POLi and MyCitadel are instant bank transfer methods that have been used for just under ten years.

POLi

Players are very fond of this mode of payment, as it is convenient, safe and easy to use. What you need to do is select the POLi option at the online casino in question, select your bank, and enter your personal information; after that, the bank wire transaction will need to be confirmed by yourself. One of the advantages of making use of POLi is that none of your personal information is stored in the casino’s database or systems. What one of the disadvantages happens to be the fact that you are not allowed to cash out your winnings with this service. What will happen, is that the online casino will require documentation from you to make the transfer of your winnings straight into your bank account.

Instant Banking by Citadel

This service enables you to transfer funds straight from your bank account. You will access their site, after that select “Launch Bank” and click on “Open” to start the payment. Fill in the necessary details with your personal information and then choose the amount that you wish to deposit. Confirm all your payment details and proceed, and the payment will be completed. This option, unfortunately, does not allow you to make withdrawals.

Pre-Paid Cards

This is popularly used around the world and is a great deposit-only selection to make use of when you are playing at online casinos. They can be found at many big retail stores around the world.

Ukash

If you don’t have access to a credit card, debit card or bank account, this will be an excellent choice for you. This is a prepaid voucher which can be bought online and at many merchants. Your voucher will be encrypted with a code that you will use when making the deposit, which will immediately deposit the value of money stored on the card.

PaySafeCard

This is a brilliant option to use because it is safe and very quick- no bank account nor credit card is needed. This mode of payment allows you to use a pre-paid card that enables you to pay online. Go onto PaySafeCard’s website, select a local outlet in which to purchase the card, ask the cashier for a card and be advised that it is available in various denominational amounts, and load the money on your card. When you wish to play online games, what you will do is select the “Deposit Now” on the casino in question. You will then be directed to the PaySafeCard website, put in your pin code, which will be found on the card. Read the Terms and Conditions thoroughly and then click “Pay Now.” After you have done this, you will receive a confirmation message of your transaction. The disadvantage with this form of payment is that it does not give you the option to withdraw.

Online Banking FAQ’s

Is it guaranteed that all my transactions are safe?

Safe and reputable casinos use an SSL digital encryption technology whereby they ensure the safety of the user when making withdrawals and deposits. When you enter your confidential information on the casino in question, it means that once it has been put through, the software scrambles the information so it cannot be read nor traced. This is the same sort of encryption used by top financial institutions around the world. Some casinos do have Firewalls for additional protection.

How long does it take for my deposit to reflect in my account?

This is dependent on the online casino in question, as they do have different processing times for the deposit and different payment options. Deposits that are done using cards will usually reflect immediately, while deposits that are done through the bank do take a couple of days to clear.

Are there any banking fees that will be charged?

This is solely dependent on the casino and banking method in question. Credit cards and e-wallet methods do not come with any deposit or withdrawal fees. If you choose to cash out your winnings the e-wallet, you may be required to pay a small fee, but this isn’t always guaranteed. Each bank and e-wallet company will have their regulations, but generally, a small fee will have to be paid.

What are the minimum deposit and maximum withdrawal limits?

In general, the minimum deposit that you have to make on an Internet-based casino is between $5 and $10. When accessing the casino in question, make sure to read what the limits are, as they will be stated to you.

Are there any taxes that I need to pay on my winnings?

There are not any taxes that you have to pay on your winnings. More if gambling is not your primary source of income.

What is a Credit Fund Transfer (CFT)?

This enables a player to access their casino account to draw funds and transfer them into your VISA or Mastercard.

Are there any fraud prevention measures in place to protect me?

Security is the primary focus at Jackpots Casino, and all the necessary steps are taken. Most casinos do make use of Player Verification which is a system whereby the casino has the necessary documentation. Players would have provided them with when you initially opened your account. These include ID, copies of your credit card, signed purchasing history. By having access to all these documents, it makes sure that e-cash deposits and withdrawals do not happen fraudulently.

Are my credit card details safe?

Your card details are safe with us; casinos are obliged NOT to share your card information with any third parties or any other confidential information. On some sites, you may be required to answer security questions that only you will be able to answer.

Is it possible to register a credit card at a casino that is not in my name?

Online Casinos do not accept this, as it is viewed an act of fraud. It is vital that you use your details when making use of a casino online.

How Do I Withdraw My Winnings?

Once you are ready to cash out your winnings, you need to follow the information. The info given on the online casino in question will be the one that you will have to follow. You will be advised on how to remove your winnings from your online account. Furthermore, how the money will be paid into your bank account.