Euteller is primarily a Finnish banking option and one which is particularly popular with online casinos accepting players from that country. The banking option features a network of nine of Finland’s leading banks (must like Trustly/Klarna has for Swedish banks) and that only really makes it of use to players from Finland or parts of Scandinavia.
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Many might think that Euteller would scarcely appear at too many casinos, then. They’d be wrong. As many of the leading online casinos accept Finnish players, Euteller is, therefore, commonly found at almost all of major casinos. Again, though, unless players have a Finnish or Scandinavian bank account, they are unlikely to see too much use for it.
Depositing with Euteller
Should you have a bank account with Aktia, Alandsbanken, Handelsbanken, Nordea, OP Bank, Pohjola, S-Bank, Sampo Bank, or Tapiola, then Euteller may be for you. After finding a casino which offers Euteller (and there are many), you can select Euteller as a deposit method, and enter the amount you wish to deposit. You will then be directed to Euteller’s page where you enter your banking details to confirm the transaction.
There is a fee of 1.95% for Euteller deposits. Why would you wish to use this method (and pay for it) over entering your card details directly into the casino? That fee brings a small increase in security for you. Since you are only entering your bank details into Euteller (a respected banking company), and not the casino itself, you are keeping your banking details private. Also, Euteller deposits land instantly in your account. The same is not always true of all bank transfers. Is that worth the fee? That is up to each person to decide for themselves.
Euteller cannot process withdrawals. It is fine and dandy if you want to deposit via this method, but if you wish to take home your winnings, you are going to have to select a standard bank transfer option from your casino. In some cases, this may involve paying a fee for the privilege. Moreover, such transactions will not be instantaneous, like the deposit option with Euteller is.
The Final Word
There are pros and cons to using Euteller. If the 1.95% fee is no hassle for players, then using Euteller to avoid handing their card details over at the casino, and obtaining an instant transaction time is something worth doing. The fact that players must have a Scandinavian or Finnish bank account and that they cannot withdraw via this method, might both be cause to look elsewhere for another option, though.
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