Beginners Guides In Online Casino Banking Transactions

Online casino have made lots of efforts to make your money transactions safer and even more easier. However, for some beginners one of their foremost concern is about the payments and financial transactions and how the online casino would deal with with. With lots of questions regarding the way of sending and even receiving money from them.

Although it is very tough decision for casino players especially the first time online gamblers to hand over their money and giving away a banking information to a quite unknown company, to people they have never met.

Because of a thousands of online casino sites over the net, there are instances that there are legitimate online casino that has that payment methods you prefer and some other features you have been looking for. Regardless of all those suspicious reviews regarding money transactions in online casinos, there are still lots of secure and trustworthy places to play your favorite casino games.

Credit Cards

You can make a deposit in a casino using your credit card and get your winning. However, certain credit card companies and issuing banks especially in USA that are now prohibiting you from purchasing, or limit the amounts you can purchase and withdraw at online casinos. Most US banks block gambling transactions performed by credit/debit cards.

Wire Transfers

Wire transfers are now the most recommended payment option for US players. It is the best alternative to US online casino players who wants to fund their online casino accounts. You can use Bank Wire or Western Union in some casinos, but UseMyWallet is most convenient and faster method to withdraw your money.

However with wire transfers you usually need to Fax or e-mail the casino a form that will allow them to request a wire transfer on your behalf. The casino makes a request to your bank and then you must give your bank authorization to wire the money.

NETeller

NETeller is a free online money transfer service that acts like an online wallet. Users open a NETeller account and are then able to deposit, withdraw, and transfer funds to the many merchants that support NETeller. You must go through the cashier at the casino you're playing in order to prevent being charged the regular 8.9% fee.

Ukash

Ukash is a prepaid card and a new way for spending money over the Internet. It's simple and secure enabling you to pay for goods and services online or make a casino deposit without the use of your credit and debit cards or registrations.

Electronic Checks

Also knows as the “eCheck” that allows you to make easy deposits online using your account. Transfers are safe and secure, and your deposit will be credited to your account instantly. Electronic Check is currently only available to online casino players residing in Canada.

Some top online casinos will usually payout using these services, however, don't freak out whenever they require you to fax them a copy of your ID before your first withdrawal. This transactions might take for 3 to 5 business days.