Even those players who do not have accounts with any online payment solutions can still deposits to the casinos online. Such instrument as instant banking will help them to do this. There are many institutions that offer instant banking actually, some of them are available worldwide and some are rather local. But what unites them all is the ability to help provide payments without opening any type of account.
The instant banking enterprises may be financial companies that have wide connections and can transfer money from one place to another. They can operate regardless if their clients have bank accounts or not. The online casino players who choose to deposit by means of instant banking can simply take their money and order them transferred to the place they specify. As a rule, this procedure is not simple, but it may be worthy to look through the instructions before providing a payment.
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As a rule, the money transferred by means of instant banking is delivered to the addressee pretty fast, even if transferred to another country. In case of online casinos instant banking may be a bit slower, due to legal procedures, and take up to 24-48 hours. This is especially true for the highly regulated US online gambling market. But anyway, the money will be delivered and the casinos account will have some cash to play with.
The fees for instant banking are usually a bit higher than in case of using other online banking methods. It can come in form of certain percent from the sum of money being sent, or in form of set fees. Each instant banking solution has its own scale of fees, but as a rule, the higher the amount of transferred money is – the lower the fees are.
This is one of the reasons why when choosing an instant banking solution one should pay attention on how popular it is and widespread it is. Most often, the top popular solutions will offer the lowest fees, because they can afford it.
Of the numerous instant banking providers Citadel Direct (Citadel) stands out thanks to nice fees and very high reliability. This solution is available in many countries around the world. Players can even find Citadel Direct online casinos in the US, Great Britain, Australia and other places.
Here are the steps online casino players usually need to make in order to deposit by means of instant banking.
Now that we’ve talked about the key points of instant banking, let us concentrate on main advantages and disadvantages of using it.
Instant banking is good because:
Some of the possible drawbacks of instant banking are:
Here we have the list of the questions online casino players ask about instant banking most often. We also have answers to these questions!
What is Instant Banking?
Instant banking is basically a method of online payment by means of online banking transactions. It’s fast, easy and secure solution for payments online.
Do I need an account in the system of instant banking transactions in order to make a deposit?
No. You only need to open an account in one of the participating banks and, of course, fill up this bank form.
How long does the transfer of money to my account?
As a rule, based on the received confirmation from the bank, the money will be credited to the account immediately. But 24-48 hours’ time limit is also possible.
Can I withdraw funds by means of online casino instant banking system?
At most if not all online casinos, instant Banking is currently only option for deposits.
Is it safe to use instant banking?
Instant Banking operations provide complete security of banking transactions on the Internet.
Can I use instant banking with all browsers?
Instant Banking can be used with the most popular browsers, including Internet Explorer, Chrome and Firefox.
In what currency to make transactions in the instant banking system?
Transactions in instant banking system re carried out only in US dollars, GB Pounds, Australian dollars and other currencies, depending on the casino online and the country you are in.