Founded in 1999, Neteller is now one of the most popular online payment methods worldwide. What makes it stand out from the crowd is the fine combination of simplicity and ultimate security. If you are sick and tired of filling up lengthy registration forms, Neteller might be right up your alley. So, if you want to find out how to make deposits and withdrawals in a fast and secure manner, keep reading and get to know all essential details.
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To make an online casino deposit via Neteller, you need to complete the registration process and top up your Neteller account. Then, you will receive a unique ID, and you will be able to fund your account via credit/ debit card or bank transfer. Once the funds appear into your Neteller account, you can go ahead and make a casino deposit. The deposited amount should be instantly transferred into your online casino account.
If we had to point out one major disadvantage of the Neteller deposits, that would be the bonus eligibility issue. More often than not, online casinos encourage deposits via debit/ credit cards, and Skrill/ Neteller depositors are not allowed to claim a bonus.
Withdrawals to Neteller are as straightforward as it gets. To withdraw your casino winnings, you need to go to the cashier page, type in the desired amount, and request a withdrawal. The funds should be transferred into your Neteller account on the same day provided that this is not your first withdrawal request and the casino hasn’t set a “pending time”.
To withdraw your winnings from an ATM, you need to transfer the funds to a debit/ credit card. If you are transferring to a standard Visa/ Mastercard, it may take a few business days for the funds to show up into your bank account.
If Neteller is your primary payment method for online and offline purchases, then, it is worth it to request a plastic Net+ Prepaid Mastercard. You can use it just like a standard debit/ credit card.
If you are primarily an online shopper, the virtual Neteller card might be exactly what you need. It acts just like a standard debit card. The only difference is that you do not have a physical card. Therefore, you can use it for online payments only. You cannot use it to pay at the grocery store or withdraw money from an ATM.
Casinos rarely charge for depositing/ withdrawing funds via Neteller. However, if you want to transfer funds from your Neteller account to your bank account, you will most probably be charged a transaction fee and in some cases, currency conversion fee.
Neteller prepaid / virtual card holders also pay a negligible maintenance fee.
Last but not least, if you have funds at your Neteller account and haven’t made a single transaction over the last 14 months, an administrative fee for dormant accounts applies.
Neteller is available in more than 180 countries worldwide, so regardless of your place of residence, chances are that it will be among the supported payment methods at your favourite online casino.
Check out our definite guide for online casino banking to compare different payment methods and fees.
