EFT Casinos

Also known as online bank transfer, EFT is an electronic funds transfer solution, offered by banks across the globe, allowing for the seamless flow of money. Since it is basically a technology that enables bank account holders to send money to and from anyone, from anywhere across the globe, it is the perfect solution to use across online casinos. Regardless of your country of residence and the country where the casino is based, you can conveniently make deposits and withdrawals in your native currency with it. If interested in joining a casino that offers it, stay with us to learn all about it. What is an EFT casino and why join one?

What is an EFT Casino?

When talking about EFT (electronic funds transfer), the first thing you should know about it is that you may find it across online casinos as an online bank transfer. That is because this is a form of money transfer that is processed online from one bank to another, using a special network known to the banks.

Anyone can send an EFT payment, that is, anyone with an active bank account, and in fact, anyone has sent one at least once in their lives. It is important to know that there are several types of electronic funds transfers, and that’s why the processing times differ from one to the other type of transfers. For instance, direct debits are processed by the next business day after sent, while other types of EFTs are processed instantly.

But the good thing is, with this solution, you pay significantly lower fees compared to other known bank-related ways of paying online, especially if the transfer is domestic and not international one. The costs would still depend on the banks involved, so before making one, make sure you check the fees.

Since this solution moves money from one bank account to another, to initiate the transfer, you should fill out a form while on the casino’s site, entering the needed banking details, and specifying how much you wish to deposit. The casino’s bank account details should be pre-entered, but if not, make sure you get in touch with a Customer Support agent to get them and complete the transfer successfully. The same goes for withdrawals; upon requesting one, make sure you enter your exact bank account details so that the operator can safely send you your winnings to your account.

How to Find the Best EFT Casinos?

One of the main reasons why you should opt for EFT as your payment method for deposits and withdrawals is its availability across online casinos. Most casinos that you’ll come across in your search for the perfect one to join would accept it, and that’s a major perk. So, the first thing you should do is explore several leading casinos and find at least three or four that you’d like to join.

To ensure you’ve chosen the very best casino for you, do the following:

• Check whether the casino has a good reputation among real players, by reading their comments and feedback, and by reading casino reviews on it.
• See whether the casino is duly licensed, offers a variety of games, and has fair terms and conditions.
• Ensure the casino accepts many currencies so that you can successfully transact with EFT using your native currency, avoiding any conversion fees.

The Perks of Joining an EFT Casino

• Convenient and easy to use
• Available across many sites
• Transactions in native currency
• Safe and reliable