Casino banking methods include debit card, e-wallets, and bank transfer. Additionally, you can do a quick and easy bank transfer using the mentioned methods. Players need to always be wary of depositing large sums of money in a casino account until they are familiar with the casino.
Our experts have put together this guide with a list of all the popular online casino banking methods. We also outline the various rules that players need if they want to start enjoying their favourite casino games. If you want to know about the safest options keep reading this guide.
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Instant Transfer Money Casino
A large number of websites accept instant banking methods as well as traditional debit and credit cards options. Players prefer instant banking because it is reliable, simple and fast. It is similar to bank transfers. The funds are transferred straight to the casino’s account from the player’s bank account. Security plays a huge role in this regard. In instant banking, the time for payment confirmation is reduced drastically. It imperative that players always check the processing times for banking at the casino of their choice.
Instant banking casinos are easy to use. Firstly, when making a deposit, a player can simply visit the cashier section of the gambling site and then click on the instant banking method. Players can then proceed to enter the amount they wish to deposit and will be directed to the personal bank account to finish the transaction. Finally, the player will be directed to the online gambling site and the funds will be available immediately. The gambler can begin playing.
Online Casino Banking: How to Make a Deposit and Withdrawal
British players who want to know how to deposit and withdraw at the top casinos in the UK need to continue reading this guide. The best online casinos have different processes of depositing and withdrawing funds. Therefore, it is worth mentioning that players need to check the guidelines of their preferred casino. We have listed the basic steps to follow if you want to deposit or withdraw funds at the best websites.
Making A Deposit:
1. Log into your account and go to the payment page. This page is usually located in the ‘My Accounts’ area.
2. Select the preferred payment method. Casinos usually display their banking details alongside specific instructions that players should follow.
3. If the players want to deposit using online banking, they can log into their bank’s Internet banking service and select ‘make a payment’ option.
4. The player can then proceed to add the casino’s banking details ensuring that the information is 100 percent accurate. The bank will then provide a code to prove the payment.
5. After a few days, the player will receive a notification that the deposit has been successfully made. If it’s an Instant Bank Transfer Casino, the notification will come instantly.
Real Money Withdrawal:
1. The player should access the ‘Cash out’ page while still signed into their account. Choose a withdrawal method.
2. The player can then proceed to enter the banking details if that hasn’t been done and then select the amount they would like to withdraw, and click on ‘confirm’.
3. The player’s bank account will be credited within 5-7 days depending on the casino.
Best Casino Banking Deposit Methods
Most gambling sites have the banking page placed visibly on the main page of the website. All the banking options that the gambling site supports will be clearly listed out on the page. British gamblers are always concerned with the efficiency of the withdrawal process of the casino.
It makes sense because nobody wants to struggle to get their winnings after they gamble. Other casinos in the UK go as far as putting a deposit minimum in place. We have unpacked the different types of deposit methods available for players.
Credit Cards
The downside about credit cards is that gambling sites are not allowed to accept them. The authorities in the UK passed a law in April that stated that players will no longer be permitted to use their credit cards to make payments or withdraw funds. So, if you want to use a Visa and Mastercard card to deposit and withdraw funds you can still use a debit card. An alternative option you can use is Bitcoin.
Debit Cards
It is not possible to deposit funds into your online gambling site account if you don’t have enough money in your bank account. Players will only be able to deposit money that is available in their debit cards. This form of payment is widely accepted by the majority of sites in the UK.
Prepaid Services
Prepaid services are much like the common debit cards method in that the user only access to funds that are available in their account. They are the closest thing to online cash and might just be the fastest online casino payment method available. The payments are made via a card which sold in stores. The card can be reloaded with cash and reused. Much like banknotes, Prepaid services are available in various values.
They are sold by currency. Each card has a 16-digit pin code. Along with the money a player wants to deposit, the code must input at your casino site. This is considered a secure method because players will not lose cash they haven’t put on the card. Players need to always guard their card codes because these can be used multiple times to make small payments.
Casino Banking E-Wallets
PayPal, Skrill, and Neteller are popular e-Wallet options available. Players in the UK can use the e-Wallet method to make a deposit into their casino accounts. But before they can do this, players need to ensure that their preferred gambling platform essentially accepts this type of payment method. Players can also use this method to withdraw their winnings.
Direct Bank Transfers
Direct bank transfers, simply means using your bank account to transfer funds into your online casino account. This method doesn’t have any intermediaries involved. This is a straight transfer method. The most common direct transfers include Instant Bank Transfer, Cheque as well as Bank Wire.
Casino Payment Method Speed
Apart from the essential safety of casino banking methods, the time or speed at which large sums of cash can be withdrawn or deposited is of vital importance to players. Gambling sites that use PayPal are famous for fast cash withdrawals. Players can also link their PayPal directly to their bank accounts and move money faster.
Bank transfers usually take longer when compared to other online payment methods, such as credit cards. For bank transfer withdrawals to take effect, players need to allow between 2-7 working days. This might prove a disadvantage considering that other banking methods at the best online casinos in the UK take a maximum of 2-3 days.
Bank Transfer Casino Sites- Withdrawing Funds UK
Different casinos in the UK use different withdrawing methods. There are fees that are associated with the various types of withdrawal methods. Players need to always be cognizant of this when selecting a preferred method. The speed at which the player will be able to access the winnings is also a concern for most UK gamblers. Players need to always enquire what documentation the gambling site requires. There are a number of other factors that players need to take into account. We have discussed these in detail below:
Safety and Security: The best online casinos ensure that they meet the strict regulations set out by the UKGC. The casinos are expected to reveal how players privacy is enforced.
Transparency: The FAQ page of the site needs to always clearly state the withdrawal policy. The casino needs to outline how players’ funds are protected.
Withdrawal fees: Knowing that players do not like withdrawal fees attached to their winnings, most online casinos offer competitive withdrawals bonuses.
Casino Banking FAQs
Gambling websites in the UK make it easy for casino players to deposit real cash into their accounts. Some casinos even offer deposit bonus rewards with an aim to entice players to make a deposit.
There are strict procedures that players need to follow before their deposit is successful. The sites do this to protect players’ financial information as well as their funds.
A fast bank transfer is when you move funds between two bank accounts. In all instances, the player has to authorise the transaction. Fast bank transfers can only happen locally.
Bank transfers can take between 3 and 7 business days. Other methods such as credit cards and e-wallet transactions can take minutes. This is also the same for withdrawals at wire transfer online gambling sites.
Yes, before the bank processes a transaction, the account holder needs to first approve it. Basically, there aren’t any third parties involved that can authorise the transfer.
Yes, there are. Banks charge admin fees and the institutions do make players aware of the fact that they do charge for deposits and withdrawals.
Yes, it is safe to use bank transfer payments. This option is also regarded as one of the safest casino banking methods. Bank transfers are extremely reliable and safe to use.