Neteller is arguably one of the most famous e-wallets around and is commonly accepted at most major online casino sites. The e-wallet allows players to deposit and withdraw funds from online casinos with ease.
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After opening an account with Neteller, users can link their bank account to the e-wallet, and transfer funds directly into it. Players need to make a note of their Account ID and Secure ID codes, as they will need these to deposit and withdraw funds at the casino.
Depositing with Neteller
After finding an online casino which offers Neteller as a deposit option, you need to make your way to the banking page at that site, and select Neteller as your deposit method. From there, you can choose the amount you wish to deposit, followed by your Neteller Account ID and Secure ID codes. Provided you have the funds on your Neteller account; the transaction should land instantly in your account.
Neteller may charge you a fee for their service. While you won’t be charged a fee to deposit money into your casino account with Neteller, you are likely to have to pay a 2.5% fee when you upload cash from your bank to your Neteller account.
Most online casinos will also allow you to withdraw your winnings with Neteller. Again, you need to select Neteller as your banking option, choose the amount they wish to withdraw, and enter your Account and Secure ID codes. Withdrawals must generally be worth at least £10, and take anything from 2-6 hours for the transaction to be processed. Most withdrawals arrive in your Neteller account within this time frame, and seldom take up to 24 hours.
You should keep in mind that you may face a fee when you withdraw (most casinos don’t charge one), and when you withdraw funds from your Neteller account to your bank account. That fee ranges from nothing at all, up to 1.75% or $12.75, depending on how you wish to transfer funds to your bank.
The Final Word
Neteller is incredibly handy, as it is accepted at most casino sites. There are drawbacks, though. For instance, if players are unlucky, a casino will also charge a fee for Neteller deposits and withdrawals, meaning players could face fees every time they use the e-wallet. However, the chances are that players will be able to use Neteller without fees most of the time.
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