Introduction to Banking at Online Casinos
Players who access online casinos and wish to play the games offered for real money will have to make use of the supported banking methods that are offered. Players will have to choose a method to deposit funds to their casino account. These funds will then be used to place real money bets on the games offered. Many of the deposit methods offered can also be used to conduct secure withdrawals. At leading online casinos, players will have the ability to use ewallet services, credit cards, prepaid cards, debit cards and bank transfers, all offering secure transactions at all times.
How to Make Deposits at Online Casinos
After players register a new account and have provided the online casino with all personal details, they will visit the cashier of the casino. This is where a deposit method will be chosen to add funds to the casino account, allowing players to place bets on the real money games that are offered. In order to win any payouts, players must have a funded account and bet their own money. Each online casino will have a list of supported payment methods that can be used. The methods can be restricted to players from certain locations, but most online casinos have methods that can be used by just about any player worldwide. The process starts by selecting a method and then players may have to enter some more financial information in order for the transaction to be processed.
When using a credit or debit card, players will have to provide account information to the casino as well as the card numbers and expiration dates. These transactions are processed instantly, so funds are immediately available in the casino account. The process is similar when using a prepaid card. Here, players will enter the voucher number and just select an amount to immediately deposit to the casino account. Things are a bit different with ewallets as players will have to have a funded ewallet account. For those that will be using a bank transfer, bank account information will have to be provided. All transactions that are conducted are done so through secure encryption software so that all personal details remain protected at all times.
How to Make Withdrawals at Online Casinos
Withdrawal transactions at online casinos are pretty easy and are just as safe as making a deposit. In most cases, players will have the ability to use the same method that they used when adding funds to the casino account. However, this can vary per casino. At most sites, there are fewer withdrawal methods than there are deposit methods, so players will have to make wise decisions and try to select an option that will allow for both types of transactions to make it easy to manage the casino account.
To conduct a withdrawal, players will visit the casino cashier to select a method and request an amount to be removed from the casino account. Since many players use credit cards to deposit, they must make sure they can also withdraw. Most casinos will not support MasterCard as a withdrawal option but will support Visa. Bank transfers are popular for players who do not have a credit or debit card. With these, the requested amount will be directly transferred to the bank account. This is a safe process, but it can take anywhere from 1 to 5 business days to complete. Prepaid cards are not an option when it comes to withdrawals, but players can use ewallet services or even request a cheque. It is important for players to be aware of any withdrawal limits as this can restrict the amount that is removed from the casino account.