Animerica

Online Casino Banking Methods

Added: June 11, 2012

Back in the day, players could only really use a credit card to deposit into their online casino account or other similar gambling account. This has dramatically changed over the past decade, leaving players with more than enough choice when it comes to selecting a suitable and reliable online banking method.

Not all of the methods allow you to deposit and withdraw, so you should really check which options are available to you when you first register your account. This would also be a good time to make your first deposit. You should check whether the method you like the look of allows for both deposits and withdrawals.

Having just one deposit/withdrawal method saves a great deal of time. The online payment solutions that allow you to process both deposits and withdrawals include credit and debit cards, e-wallets, bank transfers and wire transfers. These methods are all perfectly secure, but wire transfers tend to take slightly longer than the other three methods.

You can make deposits using a prepaid card, but you can’t always withdraw using this method, which therefore means that if you add funds with a prepaid card, you will still have to find yourself a suitable withdrawal method.

When processing a transaction using an e-wallet, credit/debit card or by direct bank transfer, the funds generally arrive instantly and withdrawals can take up to a maximum of 48 hours. Sometimes the funds will transfer from your casino account and into your bank account (or e-wallet) in just a few hours.

This will depend on the time and day that you are trying to withdraw. For example, withdrawals are usually much quicker when you attempt to do so on a Monday, Tuesday or Wednesday. Attempting to withdraw cash to your bank account/e-wallet on a Friday evening generally means that you have to wait slightly longer, until perhaps Tuesday or Wednesday of the following week.

Not all players feel safe processing transactions online with their credit card or debit card such as MasterCard or Visa, which is where e-wallets come in very handy. You can look out for companies such as Citadel Direct, ClickandBuy, EziPay, PayPal, Skrill (formerly moneybookers), Click2Pay, Neteller, Entropay and various others.

e-Wallets are favoured by online gamblers and you should always find several different ones to choose from in the cashier section of most reputable online casinos.

Online casinos are generally protected by state of the art Secure Socket Layer (SSL) encryption technology. This basically protects cash transactions and your personal details from third parties. This encryption technology also protects the Live Chat support feature from prying eyes.

Signing up to one of these popular online payment solutions is simple. Just click on the logo of the one you would like to join up to and you will be redirected to their site to open an account with them.