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Banking Primer

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Banking for Online Casinos

Casinos offer a wide choice of methods of funding your account. I recommend that you open an electronic account. The biggest advantage of an electronic account is that you can often receive payment from a casino within a couple of days instead of waiting 2-5 weeks for a check.  Choices like NETeller are accepted practically everywhere and many casinos offer you extra bonuses for using them.

NETeller

NETeller is a fast, mostly free online money transfer service that is accepted at all casinos.  Opening a NETeller account is like using an online wallet. You can deposit, withdraw and transfer funds to casinos.   NETeller is a fast and secure method to transfer cash online, with same-day payments.  Accurate, up-to-date online records of your transactions are provided.  Accounts are available to international clients. 

NETeller does not charge you for depositing or withdrawing money with casinos.  You can make deposits into your Neteller account using electronic fund transfers (EFT), Visa, and MasterCard.  EFT is currently limited to American and Canadian clients. Opening a NETeller account will make your life much easier.  For more information visit them at www.neteller.com

FirePay

FirePay Personal Accounts are a free, web-based electronic accounts. You can deposit money into your FirePay account and then use your account to purchase and withdraw from the casinos.  The system is safe, fast, and most casinos accept it.  The service provides with accurate online records of your transactions.   Your Firepay account is only available to American residents and if you want to fund the account through a bank account the account must be American. For more information visit them at www.firepay.com

Credit Cards 

Most casinos accept Visa & MC.  Credit cards will allow you to play right away.  The problem is that some banks do not allow gaming transactions.  If you have a card from more than one bank then you may want to try it. 

Credit card deposits can also collect air miles or cash backs from your credit card.  Some cards may charge a transaction fee. The big disadvantage of using credit cards is that it will reduce your options of quick online withdrawals.  You will have to wait while the casino processes and mails you a paper check, which usually takes 2 -5 weeks.

PrePaidATM

PrePaidATM is an ATM Card that is not tied to a specific bank account.   You can fund your PrePaidATM card with credit cards, electronic checks, Western Union or bank wire. You can use your card wherever debit cards are accepted and you can also receive funds at thousands of ATM machines worldwide. PrePaidATM is currently available to USA residents only.  For more information visit them at www.prepaidatm.com.

Bank Draft

Bank drafts will work for you if you are a very patient person.  You can mail a bank draft or a personal check deposit directly to the online casino. After being received by the casino, bank drafts typically take 10 business days to clear, while personal checks take 21 days.

 

You have a wide choice of methods of funding your casino accounts. I recommend that you open an electronic account.   The biggest advantage of an electronic account is that you can often receive payment from a casino within a couple of days instead of waiting 2-5 weeks for a check.  Choices like NETeller are accepted practically everywhere and many casinos offer you extra bonuses for using them.

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