Online Casino Banking Guide for UK Players
While you might be able to play in online casinos for free with no deposit bonuses for a limited time, you're eventually going to need to deposit money into your account and that's where this guide will assist you.
Thankfully, online casino banking is made easy for UK players. Why is that? Well for starters, online gambling is 100% legal and regulated in the United Kingdom, which means there are zero banking restrictions.
As players we want to ensure our personal information is secure, we want to avoid deposit/withdrawal fees and we also expect lightning quick payouts. These are all reasonable expectations, but not always offered by Casino UK.
There's not a more competitive online gambling market than the UK. This is actually great because it forces casinos to offer the best player experience possible. If a brand doesn't,there are dozens of other online casinos that will.
Best UK Casino Deposit Methods
The most popular online casino banking method is Paypal. Most people already have a Paypal account, which makes it even easier to begin playing slots or other casino games, but even if you don't, opening an account is painless.
Paypal deposits are instant, which will allow you to start playing immediately. Nothing is worse than depositing into an online casino only to find out that you'll have to wait multiple days before your deposit even clears.
Reputable online casinos will also process Paypal payouts within 24 hours for UK players.
Credit and debit cards remain popular too. Deposits are instant using either method and payouts are received within 2-5 days. While slower than Paypal, not everyone needs to receive withdrawals in under 24 hours.
Also check with your bank to ensure there aren't any fees for using your credit or debit card to deposit.
PaySafeCard is a popular deposit method, but we don't recommend using the voucher service because you're unable to receive withdrawals. There are plenty of better banking options for players in the United Kingdom.
Another way to deposit and withdraw from an online casino is through an e-wallet. E-wallets such as Skrill or Neteller have been used by online gamblers for years and many still use these e-wallets today.
E-wallets are convenient once set-up and you can deposit/withdraw from an online casino in hours. If you're going to bonus hunt than using Paypal, Skrill or Neteller is a necessity to avoid fees and lengthy processing times.
In some cases a bank wire is your best bet for banking with online casinos. For example, most banking options have a fairly small deposit limit, but with bank wires you're able to deposit a large amount of money at once.
High rollers will often find using bank wires is the only option. Bank wires will take multiple days to process (2-12 Days), but it's the only way to deposit large sums of money with very small fees.
Online Casino Verification
It should be noted that you won't be able to withdraw from any online casino until you verify your identity, which is standard practice across the industry. As you can imagine, online casinos deal with a ton of fraud.
To verify your account you'll need to submit a photo/scan of your ID and proof of address (IE: Utility Bill). If you use a credit/debit card to deposit you may need to provide a scan of the card as well.