How Long does it take to Process Online Casino Deposits?

How long do online casino deposits takes?

How Long do Online Casino Deposits TakeIf you’re wondering how long it takes to process online casino deposits, it’s safe to assume you’re new to the iGaming community. Don’t worry, we’ll answer all your depositing time frame questions, and maybe a few others along the way.

IMPORTANT: Before I go on, assuming you are new to real money online casino games, please heed this warning. Only register an account and deposit with reputable, well-established gambling sites that are licenced, regulated and in compliance with the highest security and player protection standards. Join a brand new or disreputable site that’s licenced in some lax jurisdiction like Costa Rica, and you’ll have no trouble depositing, but you may hit a brick wall when it comes time to cash out!

How Long do Online Casino Deposits Take?

The truth is, the time it takes to process a deposit depends on the payment method you use. Some can take a few minutes, others a few days. Fortunately, most are instant, appearing in your account within seconds of submitting the funds. We’ll briefly review the most common payment methods, and the time it takes to process online casino deposits.

Credit Card Deposits

Visa and MasterCard are accepted by almost every online casino on the market. Some also accept AmEx and Discover, though these sites are rare. The time it takes to complete a deposit depends entirely on the time it takes the credit card company to approve the purchase. Most often, it’s about a minute; up to 3 minutes at most.

Debit Card Deposits

Thanks to electric fund transfer (EFT) technology, debit card purchases are instant. As soon as you press the button, the payment info is sent to your bank, which immediately checks to see if the necessary funds are available, then responds with a yes or no. It’s all electronic, so we’re talking a matter of seconds here.

The funds won’t actually arrive in the casino’s bank for a few days. But the beauty of EFTs is, since the operator knows it’s coming, they grant player’s access to the money immediately.

Prepaid Gift Cards and Vouchers

Prepaid cards, gift cards and vouchers work the same as credit cards. It takes about 1-3 minutes at most to verify that the funds are available before the deposit is approved.

Instant eCheck / Instant Bank Transfer

Instant eChecks are an electronic version of paper checks. Instant Bank Transfers are essentially the same thing, but do not require the check number from a paper check. Both are sent via EFT, and require the player’s bank account number, along with the bank’s name and routing number. Being EFTs, they are both processed instantly.

Web Wallets

Web wallets (aka eWallets or online payment processors), include companies like ecoPayz, EntroPay, PayPal, Neteller, and Skrill. They create a link between the player and their personal bank account, allowing players to deposit funds to the eWallet, or transfer them to the casino direct from their bank. Web wallets are a very popular among online casino players. Not only are they an instant deposit option (using EFT technology), they are also eligible for withdraws. Most will even supply their members with an ATM card for instant access to their money following a cashout.

Bank Wire

Bank wires can be slow, and expensive. Unless you have no other option, this probably isn’t the best way to go. Wire transfers usually take 2-3 business days to arrive at the online casino’s bank. Some operators will go ahead and grant you access to the funds, so long as they are assured the money is on the way (similar to EFT). Check the details on the casino’s banking page before using this method.

Check by Mail

Virtually no one uses this method anymore; at least not for deposits. Withdraws yes, when time isn’t of the essence, but that’s about it. It is still an option at some gambling websites, though, so we’ll include it here. An international casino can take 2-3 weeks to receive this form of payment. So if your purpose of researching how long online casino deposits take is to find something quick, don’t choose this one!

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