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Instant Banking Casinos

Instant Banking Online Casinos

Instant banking casino use offers an easy way to deposit cash, and it's one of the most popular with online gamblers because it makes use of a technique that you're probably already familiar with - if you've used online banking to pay a bill or send money to a friend, you'll find casino instant banking a walk in the park.

The specifics will depend on the bank you use and the casino you're playing at, but the process generally looks something like this - all you'll need to do is log in to your bank account and send money to the recipient you've been instructed to do so by the online casino along with some sort of reference that they'll provide you with. And that's pretty much all there is to it.

As with all payment methods for playing at a casino, instant banking has some positive and negative aspects that you'll probably want to consider before you designate it as your method of choice. We've got all the details covered for you, so have a read. It's super helpful if you're planning to use instant banking for casino deposits. Try online casino of the year, Springbok Casino, if you’re ready to make an instant banking deposit right away to start playing for real cash instantly.

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“When it comes to making a deposit with a casino, instant banking is one of the best options because it's so easy.”

Advantages of Instant Banking

When it comes to making a deposit with a casino, instant banking is one of the best options because it's so easy. Provided you already use online banking, there's no need to create an account or set anything new up.

Payments are often processed immediately, so you don't need to wait around to start playing. In that respect, instant banking is one of the quickest methods for depositing real cash.

Companies that process transactions for instant banking casinos work directly with your bank. Provided that both parties involved are legit, these institutions take the protection of financial data, hacking and fraud very seriously. There are all sorts of measures in place to make sure that your personal information doesn't fall into the wrong hands.

Disadvantages of Instant Banking

Some banks in South Africa monitor the flow of large sums of money in and out of the accounts they manage. If they suspect that individuals are laundering money, they may flag a transaction or suspend access to the account. This means that, albeit usually temporarily, you may be unable to access your winnings. We haven't seen any reports of this happening to any of our readers, but it's worth mentioning, especially if you plan on winning big (and we all do).

Payment processors working on behalf of sites that operate in sensitive areas (such as casinos, adult entertainment etc.) often take steps to obscure where money is coming and going from. However, there's no guarantee that banks won't be able to find out what the transactions relate to. If your bank doesn't have the best view of real money online gambling, there's a chance they'll flag the transaction.

You always need to watch out for disreputable casino sites. Even though your personal information isn't revealed to an online casino, instant banking does carry the risk that a fraudulent casino will take your money and not credit your account. For this reason, some South African players prefer to make a small ZAR deposit and cash out some winnings to test the waters. This is a smart approach worth taking.

Instant banking casinos in South Africa

If you're looking to play with an online casino, South Africa instant banking is an excellent choice. We found the top sites that accept instant banking deposits so you can get in the game quickly. Remember to check out our reviews before you play because every instant banking casino site in South Africa is different.

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Frequently Asked Questions
What is Instant Banking?

Instant banking is a really simple way to add funds to any online gambling account, and it doesn’t involve having to open up any kind of other online accounts, such as PayPal or EntroPay. It involves adding funds in the same way as you’d pay a household bill, so most players should find it really easy to use. Many people in South Africa will have trouble using this method though, thanks to laws on internet gambling.

How does it work?

In order to make a deposit using instant banking, you’ll first need to get the account details for the site you play at. These are usually readily available, however contact their customer support if you can’t find them. You then simply instruct your bank to make a payment to the site, just as if you were paying your phone bill!

Do banks allow transactions with online casinos?

This is where the big problem arises, as many banks in South Africa won’t allow account holders to make deposits to online gambling sites. This is because they have been instructed by the government not to do so. Sometimes a deposit might slip through, however many people have now given up and use e-wallets instead, which banks will still happily fund.

Is it safe to use?

Instant banking is incredibly safe to use, as the only entities involved in the entire transaction are you, your bank and the gambling site. You should always check the safety and security of any online casino you use though, although all of the casinos recommended on this site can be completely trusted to protect your money and details.

How fast are deposits & withdrawals?

As the name suggests, the transfer of money from the bank to the casino will be instant. It then depends on how long it takes the casino to process the payment. This is true for withdrawals as well, as the casino might take some time to process the request, however when they authorise it, the money will be with you incredibly quickly.

How does it compare?

For most people around the world, instant banking is a great option, however for South Africans it isn’t quite as good. Thanks to the laws and bureaucracy surrounding online gambling, it is probably better to set up an e-wallet instead, or use one of the many other payment methods available to players.

Are there any fees involved?

Instant banking is completely free, although casinos will sometimes try to add on charges. This is true for both deposits and withdrawals. Be aware that some banks might charge for currency conversion if you’ve been playing in a currency other than ZAR though.

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