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Online Banking Casinos

A. Antonova (editor) |

Fast and Safe Online Casino Payments via Online Banking

Managing one’s casino transactions through online banking is among the most reliable casino payment options. Topping up the casino balance through online banking enables gambling enthusiasts to transfer funds from their bank account to their casino account in a fast, reliable, and worry-free manner. In addition to ten premier online casinos that have implemented online banking in their cashiers, we will explore how this method works and how players can complete the online banking registration process. We will also look into some of the most popular online banking processors that are widely used for online casino transactions.

In recent years, online banking, or Internet banking and e-banking, as it is also known, has become a preferred payment method for millions of customers because it offers reliability, safety and convenience. Users can easily transfer money from their computer or mobile device, as long as they sign up for the online banking services their banking institution offers. This payment system also allows users to monitor all transactions on their balance and have a firm, clear understanding of their finances over time.

Summary
Country used inWorldwide
Websitewww.citadelcommerce.com; www.ideal.nl;
ww.nordea.com; www.idebitpayments.com
Accepted byNumerous Online Casinos
Casino games with online bankingSlots, Table Games, Video Poker, Live Casino
Available for depositYes
Available for withdrawalYes
Create account / Sign up for accountFREE
Make a payment via online bankingThe fee that you may be charged, depends on the banking institution.
Service FeesMost online banking service have no service fees or they are very acceptable.
Transfer funds from an online banking service to bank accountThe fees that you will pay are usually very small and depend on your bank.
Transfer funds from Merchant to online banking accountUsually, this transaction does not impose any surcharges.
Online ChatN/A
EmailN/A
TelephoneN/A

Online banking has gained popularity as a reliable and convenient payment method in many well-established web-based casinos, as well. Players can load funds into their casino balances using the online banking facilities of the bank they have an account with. Alternatively, they can choose to use a third-party online payment services provider such as iDebit, POLi payments, and others.

Along with being the safest online payment method available, online banking is also relatively fast, with processing times depending on the particular bank and its practices.

Pros and Cons of Online Banking Casinos

Pros:

*An easy and fast casino payment option
*Advanced security of transactions
*Widely available across online casinos
*More affordable compared to many other casino payment methods
*Works in both directions – for deposits and withdrawals

Cons:

*Depending on the bank, transactions may be processed more slowly
*Processing times of cashouts vary between 2 and 10 business days

Best Online Banking Casinos

Best Neteller Casinos
One of the most evident reasons players choose to execute their casino-related payments via their online banking is that they can make transactions anytime and anywhere they need. Making payments is possible around the clock, which is indeed a great benefit for avid casino fans.

Additionally, this way of payment can be easily described as fast and efficient as funds can be transferred almost on the spot, especially if the two accounts between which the amounts are transferred are in the same bank. Lastly, keeping track of all payments players execute is possible at all times and within a few clicks and swipes.

Another reason why gambling aficionados might choose to make payments using their online banking is that this is one of the most widely accepted funding options at web-based casinos. This list contains seven top-class online casinos that support payments via online banking.

7

Top Rated Online Banking Casinos

  1. 1
    Videoslots Logo
    • Established: 2011
    • Software providers: 130+
    • Jackpot games: 360+
    Licenses
    • Italian Customs and Monopolies Agency - 19Si3549
    • Malta Gaming Authority - MGA/CRP/258/2014
    • Gambling Commission of the UK - 039380-R-319311-032
    • Swedish Gambling Authority - 18Li7373
    • Danish Gambling Authority - 18-0650512
    Supported languagesEnglish, German, Russian, Swedish, Norwegian, and Finnish
    Customer support channelsLive chat, email, and phone

    Videoslots is a fully-fledged web-based casino that was opened for customers from a wide array of territories in 2011. Dedicated to providing all its patrons with high levels of entertainment and thrill, Videoslots combines its efforts with more than 100 of the best-known software providers.

    There is plenty to shout about Videoslots in the game department, and this is only natural considering how many providers the operator works with. As players might expect from the name, Videoslots offers a jaw-dropping slots selection, but does not underperform when it comes to the number of covered jackpot games, live games, table classics, video poker varieties, and scratchcards. In spite of the massive variety of over 6,000 titles Videoslots provides, everything in its game suite is in a clear view.

    With an array of accepted banking methods, Videoslots aims to ensure that depositing and withdrawing are no-sweat processes. The accepted deposit and cashout methods are thin on the ground, and the interactive casino allows its users to use their online banking, Klarna, MuchBetter, Neteller, Neosurf, Skrill, Paysafecard, PayPal, ecoPayz, Flexepin, Mastercard, and Visa.

    The operator seeks to ensure that players will be able to carry out their payments to and from Videoslots Casino in a worry-free manner, and gives them a choice from a variety of currencies, including CAD, USD, EUR, GBP, SEK, NZD, NOK, JPY, BRL, INR, and DKK.

    Videoslots is an online casino that does not shy away from rewarding all its customers, and dishes out whopping bonus incentives to newcomer and returning users.

  2. 2
    Casino.com Logo
    • Established: 2007
    • Software providers: 13
    • Jackpot games: 30+
    Licenses
    • Italian Customs and Monopolies Agency
    • UK Gambling Commission license No. 039448-R-319446-026
    • Gibraltar Licensing Authority license No.053
    Supported languagesItalian, English, German, French, Norwegian, and Finnish
    Customer support channelsLive chat Email - assistance@casino.com Phone - +356 27782260

    Casino.com is a brand name that has grown to prominence in an array of markets with its top-quality casino services. The web-based casino is recognized as one of the leading providers of gaming content, which is anything but surprising considering how rich the choice of offered games is. Casino.com is frequented by players who are interested in slots, jackpot games, table games, and video poker. It is also busting with live action, and fans of such games will have a choice from a number of Playtech-powered tables.

    Funding your account at Casino.com is a safe and quick process, and when they happen to run out of funds, members of the casino can resort to payment processors like their online banking, Skrill, Paysafecard, ecoPayz, MuchBetter, Neteller, and PayPal, to name a few. When users of the casino are ready to take their winnings out of their balance, they will be offered a choice from roughly the same list of methods.

    Players are unlikely to face any troubles with their deposits and cahsouts because the transaction minimums and maximums are designed to suit the requirements of users with different budgets. The cashout processing times vary between the supported methods, and while with some processors, players’ winnings are released within 24 hours, with others, they might need to wait up to five days.

    If any hiccups occur during the stay of players at Casino.com, they can always rely on the professional and responsive customer support team that can be contacted via email, live chat, and phone.

  3. 3
    888casino Logo
    • Established: 1997
    • Software providers: 10+
    • Jackpot games: 100+
    Licenses
    • MGA license No. MGA/CRP/543/2018
    • UKGC license No. 039028-R-319297-012
    • Gibraltar license numbers 112 and 113
    • Italian Customs and Monopolies Agency
    Supported languagesEnglish, French, German, Spanish, Finnish, Portuguese, Russian, Chinese, Japanese, Thai, and Arabic
    Customer support channelsPhone Email Live chat

    If players are on the lookout for an online casino where they can enjoy their favorite games to their heart’s desire and get extra rewards every now and then, 888casino might be what they are looking for. The betting platform is stacked with action as, in addition to a casino area, it welcomes fans of sports betting and poker. If players want to have a high number of games at their fingertips, they will get such as slots, jackpot games, live games, video poker, and table games are all featured in great numbers.

    Members of the casino can experience all the thrills its game suite provides anytime and anywhere they wish, thanks to 888casino’s dedicated apps. Using the mobile version of the casino might also do the trick for gambling enthusiasts who are always on the move, as it offers the same volume of thrill and excitement as the desktop variant and the dedicated apps.

    To ensure that the navigation around the casino website will be smooth and problem-free, the operator has cut off the clutter and has provided search and filtering options, which is great news to hear for mobile users.

    The casino offers a simple banking process, and its users can take advantage of a number of country-specific and widely-accepted payment processors like online banking, Visa, Klarna, Trustly, Neteller, Skrill, Interac Online, and PayPal, among others. Additionally, 888casino prides itself on its fast processing times, and strives to ensure that players will not end up waiting for days until their winnings are released.

    The casino knows that bonuses and special deals matter to players, and because of this, maintains a list of balance boosters for newly-registered and existing users.

  4. 4
    Golden Tiger Casino Logo
    • Established: 2001
    • Software providers: 1
    • Jackpot games: 15
    Licenses
    • ahnawake Gaming Commission
    • ambling Commission of the UK
    Supported languagesEnglish, French, and German
    Customer support channelsLive chat and email

    If players are on the lookout for an online casino that does not offer such a high number of games, but does not compromise on the quality of the offered content, they should take a look at Golden Tiger. The online casino quickly became a gaming playground of choice for many players, which is anything but surprising considering that it provides a well-rounded game suite of titles that are courtesy of Microgaming.

    To create a gaming environment that will please all its users, Golden Tiger Casino gives them access to over 500 top-shelf slots, table games, jackpot games, and video poker varieties. While being at the casino, players will find most slots Microgaming is best known for but also some of its million-making progressive jackpot games like Atlantean Treasures: Mega Moolah, Mega Moolah, Tunzamunni, Treasure Nile, and Fruit Fiesta.

    Members of the casino can fund their accounts through multiple banking solutions, including online banking, Interac Online, AstroPay, Mastercard, Visa, Paysafecard, Neteller, Skrill, bank transfer. Payments are settled quickly and without hassle, and players can resume their casino adventures after they have run out of funds.

    All first-time users of Golden Tiger Casino can grab a sign-up offer that is spread over their first five deposits and will give them an excellent start of their wagering adventures.

    If players find themselves in a situation when they need assistance from the customer support team of Golden Tiger Casino, they can get in touch with them in no time at all via email and live chat.

  5. 5
    Casumo Logo
    • Established: 2012
    • Software providers: 20+
    • Jackpot games: 30+
    Licenses
    • Malta Gaming Authority - MGA/CRP/217/201
    • Gambling Commission of the UK - 039265-R-319417-01
    • Government of Gibraltar
    Supported languagesEnglish, German, Norwegian, Swedish, Danish, and Finnish
    Customer support channelsLive chat and email

    Casumo Casino is an industry veteran among the online casinos as it saw the light of the day in 2012. It is safe to say that the online casino is looking to leave a good impression and goes the extra mile to provide its users with a safe and secure wagering environment.

    If it happens that some players doubt whether Casumo Casino is a trustworthy web-based casino, it might be enough to say that the operator has seals of approval from the Malta Gaming Authority, UK Gambling Commission, and the Government of Gibraltar.

    Where Casumo truly impresses is its roster of games, as its slots selection alone is made of more than 2,000 titles. With a well-stocked jackpot section, Casumo is bound to please every player that is chasing heftier wins. It cannot be otherwise as gambling enthusiasts can try their hand at some of Microgaming and Playtech’s most rewarding jackpot games.

    Casumo is an award-winning casino that does not ascribe small significance to payments, and seeks to guarantee that transactions from and to its cashier will be executed in a timely manner and without a care in the world. Some of the funding options Casumo’s cashier contains include online banking, Paysafecard, MuchBetter, Trustly, Visa, Mastercard, Neteller, and Skrill.

    In addition to ensuring incredibly fast processing times, Casumo does not charge additional fees on deposits and cashouts.

    After they take a closer look at the section dedicated to bonuses and special incentives, players will easily understand the reasons for the success of the platform. All players who create their accounts at Casumo will be greeted on board with a juicy welcome offer, thanks to which they will have the opportunity to get the ball rolling.

  6. 6
    King Billy Casino Logo
    • Established: 2017
    • Software providers: 40+
    • Jackpot games: 240+
    LicensesMalta Gaming Authority - MGA/B2C/394/2017 (issued on 01/08/2018)
    Supported languagesEnglish, German, Finnish, and French
    Customer support channelsLive chat and email

    Players who are in the market for an online casino that facilitates payments via online banking but also does not disappoint in the game department should head to King Billy Casino. Licensed by the Malta Gaming Authority, the online casino knows that players’ security is of great significance and, for this reason, makes use of state-of-the-art encryption technology.

    The sheer volume of games King Billy Casino offers is undoubtedly its biggest claim to fame, and the operator has clearly put a heavy focus on the slots diversity as this section of its lobby is overflowing with titles. This is not to say that the casino does not provide a sufficient number of table games, live games, and video poker variants, as these game genres are all well accounted for. With games that are nicely divided into multiple categories, players will certainly find their favorite titles without any effort.

    In order to provide its members with so many different games, King Billy Casino partners with more than 40 software providers. The list of game-making studios that have played a part while creating King Billy’s portfolio contain names of renowned software providers like NetEnt, Play’n GO, Evolution Gaming, Quickspin, and Pragmatic Play.

    King Billy Casino’s website condenses down perfectly as soon as players power up its website on their iOS or Android-based device, which allows them to experience the same premium-quality wagering experience no matter the time or the place.

    The interactive casino has plenty of reliable payment processors, and its multi-currency cashier contains solutions like online banking, Interac Online, Visa, Mastercard, Zimpler, Neosurf, MiFinity, Trustly, Sofort Banking, and Jeton, among others.

  7. 7
    Zodiac Casino Logo
    • Established: 2001
    • Software providers: 1
    • Jackpot games: 15
    Licenses
    • Kahnawake Gaming Commission
    • Gambling Commission of the UK
    Supported languagesEnglish, German, French
    Customer support channelsLive chat and email

    Zodiac Casino is an online casino that is sure to bring players sky-high levels of fun and excitement anytime and anywhere. The interactive casino is among the members of the Casino Rewards Group and already has more than two decades of experience in the casino industry.

    The online casino has managed to make a good name for itself mainly owing to its Microgaming-powered game suite. Although the casino works with just one game-making studio, its members will still be given a rich choice of jackpot games, slots, table games, and video poker varieties.

    Zodiac Casino seeks to cut out the processing times of payments and makes it easy for players to stay on top of their deposits and cashouts. The casino provides a good choice of banking methods, and players can move their funds to and from the casino quickly and securely using their online banking, AstroPay, bank transfers, Neteller, Paysafecard, Skrill, and Interac Online.

    Members of Zodiac Casino can reach out to the support staff without any effort through email and live chat wherever they find themselves in need of assistance. It is up to players to decide whether they want to forward their queries in English, French, or German, as all the three languages are offered.

    Zodiac Casino is fully mobile optimized, performs efficiently and has flawless usability, which ensures that players will have a quality time on the go as well.

How Online Banking Works

Online Banking Casinos LogoOnline banking functions just like traditional branch banking, but it happens on the Internet, instead of in the “real world” where you need to physically go to the bank’s office. In order to be able to use the online banking facilities of their bank, users first need to register for this service in either a land-based office or online.

Once they have an active online banking account, customers are free to carry out financial operations at any time and from any location around the world. Transfers are in real time, as well as incredibly safe as banks employ some of the best online security technologies and tools available today.

Registering for Online Banking Services

Typically, users will receive a customer number/ customer ID and a password from the bank. Then, they can create an account on the website of the bank using these credentials. Depending on the financial institution, another one or two security and verification steps may be required.

However, many merchants and gambling providers on the Internet have not integrated online banking as a payment method on their websites. So, a good alternative for online casino players is the use of third-party agents, which act as intermediaries between the bank and the casinos. As some banks do not allow transactions to or from gambling sites, these third-party services may be very useful for this purpose.

Creating an online banking account is easy and free of charge. It provides users with a safe, quick and flexible way to use their bank accounts to pay their bills, make purchases or fund their online casino balances.

Online Banking Registration Process

Online banking is many players’ favorite way of handling their casino bankroll, and this is understandable as they can wrap up their payments at their own convenience. Without a doubt, the unmatched ease-of-use of this way of payment is its biggest strong point, as most players are well familiar with the steps they need to follow to make payments. All players need in order to start making payments through online banking is a bank or debit card, a computer or handheld device, and Internet connection.

All gambling enthusiasts will need to do in order to start banking on all devices they might want to use is create an account once. Thus, they will be able to access their accounts on any device they might choose to use. After this, casino enthusiasts will be able to bank anytime and anywhere, and make payments to their interactive casino of choice without any hassle.

If they prefer, players can skip the line, and leave the registration to mobile or online banking to the device they are using.

  1. To start off with the registration process, players will be required to head over the official website of the bank where they have an account. Alternatively, they can install the dedicated app for iOS or Android-based devices the bank offers that are available in the app store of the device gambling enthusiasts are using. In order to begin with the registration process, players need to click or tap on the Register button.Online Banking Registration ProcessOnline Banking Registration Process
  2. Then, players will be required to provide their credit or debit card details, including its number, expiration date, and CVV number. While following the prompts, players might also be asked to provide their mobile number. Then, casino enthusiasts might be required to press or click on a Continue or Next button.Online Banking Registration Process
  3. Then, players will receive a verification code they need to enter before they go ahead with the next step in the verification process.Online Banking Registration Process
  4. After they enter the verification code, players will be required to create a password and repeat it.Online Banking Registration Process
  5. After their password is approved, gambling enthusiasts will need to agree to the terms of use of their bank. Now, they will be good to go with their payments through their online banking whenever and wherever they need.

An important thing casino enthusiasts should keep in mind is that the prompts they might be required to follow before they can start using their online banking might differ from one bank to another.

Video Introduction of Online Banking

Depositing in Online Casinos via Online Banking

Online Banking Casinos DepositMaking deposits via online banking at web-based casinos is fast, easy, and is widely popular among players who do not have credit cards or do not wish to use them for gambling. All they need to do is go to the Cashier page on the casino site and opt for Online Banking from the list of payment options. When they choose their preferred bank, they will be redirected to the website of either their bank or the alternative online banking option they are using (iDEAL, Nordea, POLi, etc.).

Normally, a new window would open, displaying the online baking interface of the specific bank. Here they will need to log into their account, entering their User ID, password, or any other verification method their bank is using such as a two-factor authentication token, for instance. Then, they only need to enter the specific amount of money they wish to deposit and confirm the transaction. For many casino players, this payment method is very easy to use, as they are already quite familiar with it.

Deposits via online banking are usually free of charge and are processed within a few hours, or even immediately, in case you choose an instant bank transfer.

Withdrawing Winnings via Online Banking

It is possible to withdraw funds from your online gambling balance to your bank account, but it usually takes longer than deposits. The procedure is basically the same as when you are making a deposit, so most players should not encounter any issues. On the Banking or Cashier page of the casino, they simply need to opt for Online Banking from the list of withdrawal methods. Then, following the on-screen instructions, they need to fill in the blank fields and authorize the transaction.

The processing times vary between different banks and casinos, while some financial institutions may even reject the transfer due to rules against any gambling-related activity. So, before opting for online banking for withdrawals from your casino balance, check the policies of your bank, as well as the state regulations regarding online gambling.

Another thing to keep in mind is the verification process and the pending time at online casinos. Before they process any payout, they require players’ to send or directly upload on the gaming website copies of government-issued ID and a proof of address such as recent utility bills. The verification process may take from a couple of days to several weeks to complete. The withdrawal may also be delayed by the pending period, which is usually at least 24 hours. During this time, casino players may decide to cancel their withdrawal.

Typically, casinos will not charge for withdrawals, but some banks will impose fees for the electronic transfer.

Popular Online Banking Methods

While the standard online banking is widely preferred by players, it is not always available as a payment option in the casinos they play at. There may be processing fees, although typically they are quite low and vary, depending on the banking institution.

The funds are transferred directly from the player’s bank account to the online casino balance, but this may take a longer time, especially when it comes to international transfers. This delay can be avoided by using intermediary payment services, often called instant bank transfers, provided by non-banking operators such as iDeal, POLi, Citadel, or Trustly. In order to use them, casino patrons need to be of legal age (18 years and older) and have a bank account, as well as an active online banking account.

Citadel

Citadel Casinos LogoCitadel is a Canadian-based provider of online payment services, available across 300 banks and 33 countries in Europe and North and South America. Along with its popular e-wallet, Citadel also offers casino players an instant banking service, which is now accepted by most of the leading casinos on the web. While new registrations for the e-wallet are no longer accepted, Instant Banking by Citadel has become very popular in a number of locations, including the UK, Canada, Australia, Japan, the United States, as well as half of the EU countries. It supports the local currencies of all countries where it is available in.

The greatest advantage of using Citadel for casino deposits is that no separate account is required. In order to make payments, players simply need to have an online banking account in one of the associated financial institutions. No registration is needed – when they choose Citadel as a payment option in the Cashier section of the website, they will be redirected to the online banking website of their bank. There they can safely login and confirm the transaction. The deposited funds will appear immediately in their casino balance.

Not all casinos which accept Citadel as a deposit option will support it as a withdrawal method, however. In addition, withdrawals with this method may not be instantaneous and fees may apply in some instances. All this would depend on the specific bank you have an account with. The best thing is that when using Instant Banking by Citadel, no information is exchanged between you and the casino. The transactions are completely anonymous.

iDEAL

iDeal Casinos LogoIntroduced in 2005 in the Netherlands, iDEAL is the most popular instant banking transfer services provider among Dutch players. It is not a centralized payment system and no registration is required for making casino deposits through it. It uses the online banking facilities of the banks, so it is available to all gamblers who have accounts in some of the leading financial institutions in the Netherlands.

It is also popular among casino patrons in Belgium and a few others European countries. The associated banks include all members of the Currence bank association, namely ABN AMRO, ASN Bank, bunq, Friesland Bank, ING Bank, Knab, Rabobank, RegioBank, SNS Bank, Triodos Bank and Van Lanschot.

Deposits via iDEAL are simple and fast – when players select it as their deposit method on the Cashier page of the casino site, they can choose their bank and the amount of funds they want to top up their balance with. Then, the page will redirect them to the online banking interface they are already familiar with. Once they log in, using their online banking credentials, they can review all transaction data and confirm the payment, which will instantly appear in their casino account, too.

Payments are processed exclusively in Euro (EUR). There are no fees charged by the service, but some financial institutions or online casinos may charge a processing fee for each deposit. However, withdrawals cannot be carried out via iDEAL, so players need to consider alternative methods for receiving their winnings.

Giropay

Giropay Casinos LogoGiropay is a convenient online payment method, available to gamblers in Germany and Austria. It is accepted in multiple online casinos and is integrated into the online banking systems of more than 1,500 banks in the region. This service supports only EUR and is available only in German, so if you are not fluent in this language, you might want to find an alternative banking method.

Making deposits via Giropay requires only registering for online banking services with your bank. Once you have an active account, choose Giropay from the list of deposit options on the casino Cashier section. Just like other direct online banking services, you will be redirected to the login page of your bank’s website. To sign in, you will need your online banking account number and your PIN code.

When you fill in the payment form, you will be asked to authorize the payment via a TAN code or Transaction Authentication Number. Your bank will send you the TAN via a text message (or through some other means) and the code will be valid only for a single transaction. This significantly enhances the security of the online payment, making it virtually impossible for the data to be stolen or copied.

Your bank will process the transaction in real time, deducting the money from your banking account immediately. The sum will instantly appear in your gambling balance, so you can start playing right away.

Players who choose this payment method should be aware that withdrawals are not possible and deposits via Giropay are charged a small fee, depending on the rates of the particular bank – from 0,9% to 1,2% plus €0,08 per transaction.

iDebit

iDebit Casinos LogoAvailable to all Canadian residents over the age of 18, iDebit is one of the most popular online banking services in the country. It is accepted in a large number of web-based casinos, gaining popularity among casino enthusiasts for its simplicity and lack of fees. It allows you to make payments directly from your bank account securely and instantly.

In order to make deposits via iDebit, players need to have an online banking account at one of the Canadian banks, affiliated with the service, as well as a registration at the iDebit website. To create an iDebit account, you will need to provide basic personal and banking information. While some players may prefer not to disclose such sensitive data with third parties, iDebit is, in fact, one of the safest and most reliable options right now. The registration takes only a few minutes and is verified by email.

Alternatively, casino patrons can also use iDebit as Guests and log in with their online banking credentials. You can instantly make deposits to your online casino balance when you select iDebit as a payment option on the casino website. You will then be asked to log into iDebit (with your iDebit or online banking account), specify the amount of money you wish to deposit and confirm the transaction. This is a real-time transfer, so you will be able to use your newly deposited funds immediately.

Withdrawing funds through iDebit is also a great option for players, as the process is just as simple as making deposits. However, this option is available only to those who register an account with the service. You can easily cash out, but your winnings will be transferred from the casino balance into your iDebit account and not directly into your bank account. You can then move them to your bank or store them as in an e-wallet. Deposits from your iDebit balance are free of charge, whereas deposits from your bank account via this service come with a fixed fee of CA/US$1.50 per transfer. Withdrawing directly to your online banking account costs CA/US$2.00, while cashing out to iDebit is free.

Nordea

Nordea Casinos LogoNordea is the largest financial services provider across Scandinavia and serves more than 10 million customers in Sweden, Denmark, Finland, Norway, Russia, and Poland. In recent years, it has expanded its operations in Germany, Luxembourg, Switzerland, the United Kingdom, China, Singapore, Brazil, and the United States. It has become a popular payment method among gamblers with its online banking service.

Nordea is accepted by most of the large web-based gambling operators, so it is a convenient deposit method, which provides safety and fast transfers. To fund your casino balance, first, you need to hold an account at one of the banks in Nordea’s network. When you select Nordea as a deposit method on the Cashier section of the online casino, you will be redirected to the login page.

Here, you need to enter your Access Code – a unique ID and a one-time security code, the amount of funds you wish to deposit, as well as a confirmation code to authorize the transaction. All these will be provided to you by your bank when registering for online banking services.

Nordea does not allow withdrawals from online casinos, so players will need another payment method to cash out.

Security

Online Banking SecurityOnline banking is one of the safest payment methods available to gambling enthusiasts because most banks and instant bank transfer providers protect their websites with a combination of security measures.

Transactions are encoded with SSL or TLS digital encryption protocols, whereas authentication is done through passwords, User IDs, security codes, and many others. All personal information and banking data remain protected and private, so players should not concern themselves over fraud, identity theft, etc.

Advantages

The greatest advantage of online banking is that it is widely available and accepted by almost all reputable casinos on the Internet. Deposits are fast or immediate when done through an instant bank transfer, as well as completely secure. Online banking is also a more affordable option, especially when compared to some popular e-wallets, which are equally convenient but impose high fees for each transfer.

Even though some online casinos do not offer online banking for deposits and withdrawals, they are likely to allow payments via at least one or two instant banking services. Depending on the country you reside in, as well as the bank you have an account with, you may have multiple options, including one or more of the above-mentioned services.

Disadvantages

The standard online banking transfers where you move funds directly from your bank account to your online casino balance may take longer to clear sometimes. Using third-party online payment processors may speed up the process, but poses the risk of disclosing sensitive information to non-banking institutions. Still, many of them are perfectly legal, licensed and trusted companies that would only improve your online security and keep your personal details confidential.

The processing times for withdrawals can also range from 2 to 10 business days, which means you cannot cash out as fast as you wish.
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