How to withdraw or deposit money from online casinos?

How to withdraw or deposit money from online casinos?

Casino withdrawal-deposit methods play a major role in selecting the right gaming platform. From bonuses to cash-backs, different banking method has different advantages. Get a complete guide on top online casino banking options and how they work.

One of many reasons why players are now moving towards online real money casinos is the ease & comfort of banking whether its making a deposit or withdrawing the winnings. Accredited and reputed casinos powered by top notch software technologies are employing high end encryption for 100% secure transaction long with major documentation checks to ensure the authenticity of any monetary transactions.

But the safety is not the only factor which makes online casino banking a better option, the ease or comfort of picking a deposit or withdrawal option plays a major role when looking for reasons to make a real money deposit in an online casino.

From Credit Cards, Debit Cards, eWallets to Bank transfer, there is no limit to banking options which means not everyone needs a credit card or paypal account; casinos let players select whatever option that suits their comfort.

The best part is the possibility of using Bitcoins and playing anonymously.

Types of deposit and withdrawal methods

Online banking has grown to a whole new level with the digital boom and today players can can choose from a number of options for making their fund deposits or withdrawals, no matter where they are.

The most common or popular online casino deposits options are:

  • Credit Card/ Debit Cards
  • BankTransfer
  • eWallets
  • Bitcoin

These 4 categories further have their own options to choose from, such as type of credit cards or type of ewallets etc.

Credit Cards / Debit Cards

Most of the Credit & Debit cards like Visa, MasterCard, Maestro, Solo, PostePay etc are easily accepted by all top online casino websites with real money casino gaming to offer.

While the deposit time via these digital cards is nil with instant fund deposit offered, the withdrawal time could vary from 1 to 5 working days.

What makes Credit Cards & Debits Cards as a preferred options is the very fact that almost everyone has credit or debit, they can make instant deposits and can check the expenses via their banking account.

Bank Transfer

While Bank Transfer is old school transaction option which allows players to fund their casino gaming directly from their bank account and similarly, get the withdrawals deposit right into their account the time deposit & withdrawal time is between 1 to 4 weeks.

Though traditional form of bank transfer is not instant it is still preferred by a lot of players who do not trust eWallets or have Credit or Debit cards. This casino banking method allows a player to manage the funding directly through their bank account.

eWallets

eWallets or electronic wallets are rising as one of the most preferred means of banking even among casino merchants and casino layers. This casino deposit method offers instant fund transfer through secure means and allows money transfer to any casino around the world.

What makes eWallets a favorite money transfer option is the fact that all the popular real money online casinos accepts eWallets for banking online.

Some of the most popular eWallet for casino deposits or withdrawals are-

  • Skrill
  • Paypal
  • ClickandBuy
  • Neteller
  • ecoPayz

eWallets are easy to create, fund with multiple options and lets a player fund any casino in any part of the world, as these digital wallets accepted worldwide. eWallets are also fastest way to make transactions including accepting winnings without worrying about currency type.

Bitcoin

A new sensation in online banking, Bitcoin has found it place among many online merchants including real money online casinos. This crypto-currency is safe, quick and a perfect means for online casino instant withdrawals.

While not every casino accepts Bitcoin yet, but many are opening themselves to this form online money transaction for both casino deposits and casino withdrawals.

To promote Bitcoin among their members, some casinos also tend to offer exclusive Bitcoin casino bonus for deposits made using Bitcoin.

Top online casino banking advantages

- Instant casino winning withdrawals

- Easy deposit from anywhere

- Best casino payouts to grab

- Extra Casino online bonus

- All currency option

- Open to players from all countries

- Secure funding with transaction history

How to withdraw money from online casino?

Online casinos allow players to use multiple banking options to withdraw their casino winnings, irrespective of the selected options the withdrawal is often easy once the documentation approval is done. Casinos need to verify the player's personal details, authenticity and if he or she has met the wagering requirements.

Whether you wish to make a deposit or withdraw your casino winnings, following are the steps to follow:

  • Step 1 - Pick an online casino

The most crucial part is to find the right casino that not only accepts the payment method that you wish to use for deposits but also lets you enjoy easy withdrawal. Some online casinos offer special bonus on using certain banking methods for deposits, for example 15% extra bonus on Neteller or Bitcoin etc.

  • Step 2 - Register with the chosen casino

Fill the registration form of the casino chosen by providing basic details like name, address, email etc before moving to the payment page. Sign-up is important before you get access to a casino's banking page.

  • Step 3 - Select your funding method

Every casino online has a banking page with handful of popular payment methods ranging from Credit cards, Debit cards, Bitcoin, eWallets, Bank transfer etc to facilitates instant casino withdrawals and instant casino deposits. Select the payment method that you prefer, matching your location, your banking ease and your currency and make it your default money transfer option.

Casinos are flexible when it comes to changing the banking options for withdrawals and deposits later on. Make sure you check the guidelines to these selected option. Some casinos will have intensive documentation and verification before they let you make a deposit or withdraw the winnings.

Casino payment method bonus

Online casinos in their bid to make online banking with them more appealing and secure tend to offer exclusive bonus offers on certain payment methods. While this form of promotion is not only meant to put focus on some payment methods but also aims at making a player make extra or bigger deposits.

Payment method bonuses by a casino can be part of Welcome Bonus offer or regular promotions for example: If a player makes first deposit using Skrill as the deposit option he/she gets 10% extra bonus or a additional 15% bonus on all Neteller deposits.

How to find the right online casino with good payment options?

There are many factors to consider when selecting an online casino, but when the goal is to pick a casino with online banking as criteria then you must look for a casino with a different view point.

There are questions to be asked to filter this search for a casino with good banking:

  • Does the casino have your payment method?

How are you to deposit or make withdrawals if the casino doesn't support Bank Transfer or Skrill or any other option that suits you.

  • Is the banking page accepts your currency?

Casino deposits in other currency is alright, but withdrawals can be tricky if the currency for money transfer is not accepted in your country or has higher conversion rates.

  • What are the conversion rates?

Currency conversions if you are from a different country for online money transfer is a key factor, it can add to your casino budget.

  • What’s the deposit & withdrawal time scale?

A basic idea on the deposit and withdrawal time and player’s feedback on the same at that casino can help you get the idea of the pace of money transfer.

  • Is there any payment method bonus offer?

Sometimes casino offer extra 15% or 10% bonus on making deposits with certain payment methods, which is a perfect opportunity to grab if you too prefer the same payment method.

  • What’s the minimum withdrawal - deposit limit?

eWallets like Neteller allows lowest withdrawal deposit of 10$ or equivalent currency but payouts can add or change the amount. Is it better to have a basic idea on the withdrawal policy of the casino site.

  • Does the casino accepts Bitcoins?

Bitcoin is the new rage and most of the casino are open to Bitcoin deposits and picking casino that lets you select Bitcoin is a perfect way to deposit anonymously and instantly.