Using instant banking for casino games offers South Africans an easy way to deposit cash. It's also one of the most popular options for online gamblers playing real money casino games. If you've used online banking to pay a bill or send money, you already know how to fund an account at an online casino with instant banking.
As with all payment methods at a casino, instant banking has some positive and negative aspects to consider. If you're planning to use instant banking for casino deposits, we've got all the details covered to help you get started. To make a deposit and start playing for real cash right away, try our online casino of the year, Springbok Casino.
All of our shortlisted instant banking casinos offer:
“When it comes to making a deposit with a casino, instant banking is one of the best options because it's so easy.”
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.
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.
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.Play now at Springbok Casino and get R11,500 free!
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.
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!
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.
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.
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.
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.
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.