Content:
- Pluses and minuses of using instant bank transfer
- How to use instant bank transfer for deposits
- How to use instant bank transfer for withdrawals
- What is required for an instant bank transfer?
- Reasons to use instant bank transfer
- Bonuses at instant bank transfer casinos NZ
When it comes to making casino deposits, some kiwi players choose e-wallets, others choose bank cards or cryptocurrencies, but there is still a big number of players who prefer instant bank transfer. It is convenient, secure, and fast, which is why players use it for deposits. If you want to join a casino website that accepts instant bank transfer, consider sites from the list below. Use our casino reviews to find your perfect casino site:
Pluses and minuses of using instant bank transfer
A bank transfer is an easy way to deposit money in online casinos. However, it is a slot withdrawal method, which is rather a disadvantage. Here’s a full list of pros and cons of this banking method.
Pros:
- Fast and direct online casino deposits
- Easy to use
- Available at many NZ casinos
- Quick processing of deposits
- Convenient
- Secure
Cons:
The only disadvantage is that sometimes you have to wait days till your money shows up in your bank account. But with the number of advantages, this drawback is not that big.
How to use instant bank transfer for deposits
All gamblers who have a bank account can use this convenient method of deposit. So when you’ve signed up at an instant bank transfer casino NZ, go to the financial page to make a deposit.
You’ll be prompted with a deposit form where you need to enter the amount of money, select your instant bank transfer method, and select your banking institution. Then, log in to your bank with your online ID and confirm your transaction. That’s it!
See how convenient and fast it goes. Go back to the lobby, find that you have money in your casino account, and choose your favorite game to gamble.
Mind that online casinos have minimum transaction limits for instant bank transfer deposits. Usually, the minimum you can deposit is $20.
How to use instant bank transfer for withdrawals
The withdrawal process is not that difficult either, however, it is slower. And at most online casinos, you have to cash out using the same payment method as you used for deposits. So you will not be able to change your method of payment. Though, you can try to contact the team and ask if this is possible.
To withdraw winnings using instant bank transfer, you need:
- Go to the cashier’s.
- Select instant bank transfer as your withdrawal method.
- Enter the amount of money you want to cash out.
- Choose your bank from the menu.
- And confirm the payment.
If everything’s gone great, meaning you have no problems with verification and violation of rules, you will receive your payout in a few days. However, it depends on the casino and your bank. It’s not rare that players wait for 5-7 days.
A little tip: request a payout during business days because banks work only during banking days. Days off mean a couple of lost days for your payout.
What is required for an instant bank transfer?
First of all, players need to have an account in an NZ bank. So if you don’t have any, make sure to acquire it.
To gamble online, you need to be 18 years old. Verify your identity with the casino team. And then get real money into your bank account to transfer it to the casino.
Some NZ banks have responsible gambling tools for their customers. For example, players are offered to set up transaction limits. Thus, the bank will not accept transfers to online casinos if you’ve already spent too much.
Reasons to use instant bank transfer
Some players will hate the fact that instant bank transfer processes withdrawals slowly. But there are many reasons to use bank transfer and enjoy it!
- It’s absolutely free! There are no fees or commissions at all. This is why many kiwi players choose instant bank transfers over, for example, e-wallets that impose fees.
- Fast deposits. Deposits are always instant. In a few seconds, after you confirm the payment, the money is already waiting for you in your casino account.
- Top security. Your money is stored in your bank. Probably, it is using a top-notch security system to protect your funds and data. So transactions between your bank and the casino are absolutely secure. Besides, you as a bank client have to authorize the payment. It won’t be processed unless you say so.
- No extra movements. Bank transfer is convenient because it processes money directly. There is no intermediary service involved like with e-wallets, for example, where you have to make three transactions — cash to bank, from bank to e-wallet, and from e-wallet to casino.
Bonuses at instant bank transfer casinos NZ
Kiwi players are aware of the fact that some payment systems are not eligible for casino bonuses. But this is not the case for instant bank transfer users.
If you deposit with an instant bank transfer, you will always be eligible for the best promotions, including welcome deals and reload bonuses.
Usually, there is only one requirement to claim a casino bonus. It is making a minimum deposit. And a $20 deposit, in most cases, is absolutely enough for a bonus. However, if you want to deposit more, go ahead and do it, just make sure that you have funds in your bank.
Players can claim various offers. The first is a welcome bonus, of course. As a rule, it’s the biggest bonus campaign. So don’t miss out on it. Some online casinos give bonus packages to new players. These include multiple deposit bonuses and free spins.
Later, as you become a regular casino player, you can claim other deposit bonuses such as reload offers, weekend boosts, etc. Casinos also accept deposits via instant bank transfer when you decide to take part in a tournament.
So no matter what you do at a real money NZ casino, you can use instant bank transfers. This is a convenient, secure, and direct payment method. And for some players, slow withdrawals are not even the case.
Anyway, there are many reasons to use instant bank transfer. So if you like it, then use it for your casino deposits and withdrawals of winnings.
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