Banking

Banking -Depositing or withdrawing from online casinos

Banking -Depositing or withdrawing from online casinos sometimes can become a chore. With the inception of the Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA) in 2006 it has become difficult to deposit to online casinos for U.S. players. But most casinos have a variety of methods to overcome these problems. Online gambling is not illegal but the transfer of money is. For this reason, the online casinos offer many popular methods to deposit, including credit cards, (i.e. Visa, Mastercard, Amex) e-wallets (Neteller, Skill) bank transfers, cheques for withdrawals and now becoming a popular method for deposit and withdrawals is cryptocurrency (i.e. bitcoin, Litecoin).

Due to this law, UIGEA, most payment processors and credit card companies take an arm’s length approach to gambling related transactions. As a result, the majority of banking methods are not available to U.S. customers. Casinos allowing U.S. players offer alternate deposit methods such as debt cards, e-wallets and cryptocurrencies. For withdrawal methods the casinos usually use payment via check, wire transfer to your bank and money transfer services like Western Union. If the casino you chose to play at will not pay your withdrawals directly to you by one of the afore mentioned, do not play at that casino find another one.

List of popular casino banking methods

 

Banking Method Website
Visa Visa Website
eCheck