Neteller is an e-wallet that can be used to make your deposits to online casinos and withdraw from said gaming establishments in a swift and convenient way. It is one of the most popular online payment methods as it allows players to keep their personal and financial information hidden from the gaming venue they play at. Players are not required to provide their bank account or credit card information. They rather only have to submit their account and security ID to access their funds and send them to the online casino of choice.
What makes Neteller so popular among online gamblers is the fact that transactions are processed quickly and that casinos do not charge additional fees in most cases. Their Net+ MasterCard that is linked to Neteller account makes it easy to withdraw your balance at ATM’s around the globe. Casino Bloke has compiled the list of reputable Neteller online casinos below. Stay with us to learn how to make Neteller deposits and how to withdraw with Neteller from online casinos.
Neteller has been processing online casino payments since 2000 and it is one of the most used payment options when it comes to online gaming. However, it is not welcomed in all corners of the world like the USA where Neteller accounts of US citizens which were related to online gaming were frozen and the financial service provider was forced to leave the market.
Signing up with Neteller is easy and you are allowed to choose from 26 currencies on the official website to set up your account. As Neteller works as an e-wallet, you should fund it with your bank account, credit or debit card or choose other methods from the list published on the Neteller website.
How to Make Deposits and Withdrawals with Neteller
When you have set up your Neteller account and funded it, go to the cashier’s and choose Neteller as a preferred payment option to make your deposit. You will be asked to provide your account ID and security ID. These numbers should not be shared with anyone else. Enter the amount you want to deposit and complete the payment process. With no additional fees charged, your account will be instantly funded and ready to be used on your favourite casino games.
When it comes to withdrawals, you will need to follow virtually the same steps. Visit the list of withdrawal options. Select Neteller and enter the required details. Most online casinos will allow Neteller withdrawals only if you have funded your account via the same banking option.
Fees & Timeframes
When making Neteller deposits and withdrawals you won’t be charged fees by online casinos in most cases. However, on the Neteller website you will find fees associated with funding your Neteller account and withdrawing from it. Fees charged by Neteller when uploading your funds to the Neteller account vary between 1.9% and 8%, depending on the banking method you use.
For instance, funding your Neteller account via Nordea comes at a 2% fee, if you use POLi you will be charged a fee between 1% and 2% while uploading funds via Trustly will be charged 1.95% When it comes to withdrawals, fees go up to €25 when you use Bank Draft, while withdrawals via Bank Transfer are charged a €7.5 per transaction. All transactions via Neteller are processed instantly or in the worst case scenario within 24 up to 48 hours when it comes to withdrawals. Net+ MasterCard is, therefore, the cheapest and most convenient option for cashing out with Neteller.
Why Use Neteller
If you are coming from UK, Sweden, Australia, New Zealand or any other country where Neteller is allowed as an online casino payment method, you should not hesitate to use it as it will provide you with fast transactions which will be carried out in a secure way. Without revealing your financial data to the casino of choice, you will easily upload money to your casino account and start placing bets in the matter of seconds.
The minimum and maximum amounts you can withdraw are set by online gaming operators, but typically they will please both beginners and high rollers. All your transactions will be safeguarded by SSL encryption so you don’t have to worry about the security issues.