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Top Bank Deposit Casinos In South Africa 2020

by Joanna Bruce | 08/11/2020

Bank Transfer Casinos South AfricaBank deposit casinos a flourishing at an accelerated rate in South Africa. This is because bank financial transactions are so easy when it comes to depositing and withdrawing at South African casinos for real money. On top of that, they also offer security for players funds, as money moves directly from your bank to your casino account. That means there is no third party necessary when you transact.

Thanks to the internet, players can now quickly make deposits and withdrawals from the comfort of their homes using bank transfers. It is important that you check with your casino first as some casinos do not accept certain banks.

Another really great advantage of bank deposit online casinos is that South African gamblers can transact in ZAR.

What Is A Bank Deposit?

A bank deposit is a payment system through which money is transferred online from your bank to an online casino account. This payment method has been used in South Africa since the 90s, and over the years, has gained momentum with online gamblers.

Online Casinos That Accept Bank Deposits In Mzansi

In recent years, we have witnessed a lot of payment methods being released onto the market. However, bank deposits have managed to remain popular among players because of their effectiveness.

In fact, there are so many online casinos that accept bank deposits in South Africa at the moment. To get started, you will simply need to make sure that you fund your bank account. Check out our list of online casino reviews that accept bank deposits in South Africa.

Singing up at these casinos guarantees you some huge bonuses and an effective payment system.

Best Bank Transfers Casinos - February 2021

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How Bank Deposits Online Casinos Work

Traditionally, in order to make a bank deposit, people had to go to the bank. Now, all thanks to the internet, players can make bank deposits from the comfort of their homes.

You will simply need a computer or mobile device with a working internet connection. You can then log in to your casino account and start the process of making a deposit or withdrawal. Below, we outline the steps that you can take in order to fund your account, or withdraw, using bank deposits.

How to Deposit at Online Casinos Using Bank Deposits

  1. The first thing you must do is register at a licensed and regulated bank deposits online casino in SA.
  2. Next, you must visit the banking section of the casino and select ‘Deposit.’
  3. A drop-down list will appear, showing the banking methods available. At this point, you must choose "Bank Transfers" or "Wire Transfer".
  4. After, make sure you go ahead and choose your bank.
  5. Now, enter the required banking details, as well as how much you want to deposit.
  6. After you have confirmed your deposit, wait for the funds to reach your casino account. This typically takes a few hours, so you will need to be patient.

How to Withdraw at Bank Deposit Casinos

  1. After you have selected ‘Bank Transfer’ as your payment options, go right ahead and choose your bank.
  2. Now, enter your banking details. This includes information such as your account number, address, and other required data.
  3. Also, you will be required to specify how much you want to withdraw and confirm your transaction.
  4. At this point, all you have to do is sit back and wait for your winnings to reach your bank.

Advantages of Using Bank Deposits at Online Casinos SA

Below, we discuss some of the reasons why you should use bank deposits at casinos.

Safety

Bank deposits are one of the safest payment methods to use at gambling sites. This is because your funds never leave the banking system. In fact, money is sent directly from your bank to your casino account. Even when you make withdrawals, funds are transferred through the same channel. This means that no third parties can access your funds.

Use of Local Currency

When you use a bank transfer for transactions at casinos, you will be able to use the South African Rand. Because of that, it means you do not have to worry about currency conversion fees.

Low Transaction Fees

The great news is that online casinos will not charge you any fees for bank deposits. However, your bank will actually charge a processing fee for each transaction that you will make. However, these processing fees are very low, which comes as a great advantage to players.

Bank Deposit Casinos FAQ

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Why should I use bank transactions at online casinos in South Africa?

One of the greatest benefits of using bank transfers or wire transfer for deposits and withdrawals at real money casinos is that you can transfer large amounts of money. This is highly favourable if you are a high roller. On top of that, most online casinos in South Africa offer bonuses that are exclusive to bank deposit players only.

Are there fees charged for bank deposits?

You will be charged processing fees by your bank for all the transactions that you will make at online casinos. However, the fees are nominal. At the same time, you should know that your casino will never charge you any fee for transactions.

How long does it take for bank deposits to be processed?

Bank transfers are very slow when it comes to processing. In fact, it may take up to 5 days for your funds to reach your account. This is because the funds have to be cleared by the bank first before they are released.

Are bank deposits safe at online casinos?

Making deposits through a bank transfer is very safe. When funds move between the casino and the bank, they never leave the banking system. That means there is no need for a card, or any third-party system, to enable the transaction.
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