NETELLER287 SITES FOUND

Founded back in 1999, Neteller is an e-wallet payment method that is extremely popular with players at online casinos. The system is regulated by the FSA in the UK and is listed as being an Authorised Electronic Money Institution.

Before you can use Neteller as a payment method you need to sign up for an account at the company's website. This is a relatively quick and easy process. Once you've filled out the registration form you'll be allocated an account number and a security code. Funds can then be uploaded onto a Neteller account through major credit and debit cards, online bank transfer or another e-wallet provider.  After your account is funded you can use the cash in your Neteller account to pay for goods and services online.

How to use Neteller at an online casino

A huge number of online casinos accept Neteller and using it to fund a casino account is simple. First select e-wallets from the list of payment methods then click on Neteller from the drop down menu. You'll be asked to enter your Neteller account number and security code as well as the amount you'd like to deposit and your preferred currency. Once you've confirmed the transaction the funds should be credited to your casino account instantly.

Can I make a withdrawal via Neteller?

Yes, cashing out winnings from your casino account to your Neteller account is just as easy as making a deposit. When you arrive at the withdrawals page click on the e-wallet option then select Neteller. You'll be asked to enter your account details and password then the money will transferred into your Neteller account, usually going through straight away. Be aware that most casinos will require you to make a deposit using the same Neteller account before you can withdraw funds into it. If you wish to move money from your Neteller account into your bank account you'll first have to upgrade your account to be verified. This involves providing an image of a readable photographic ID.

Is it safe?

As it is regulated by the FSA, Neteller has to adhere to the same strict rules as banks and other financial institutions. The company must keep all users' money safe in separate accounts so that even if the company folds, your cash won't be lost. Using a Neteller e-wallet provides an extra layer of protection when paying online and the casino never has any access to your banking details, only those of your Neteller account.

Anything else I should know?

Using Neteller in some ways does incur a fee. Adding funds your account is free when done through international bank transfer but you may be charged a fee of between 1.9% and 7% when using other methods. A fee of between €7.50 and €10.50 is charged to withdraw cash back into your bank account. However, it's worth mentioning that Neteller is one of the cheaper reputable e-wallet providers around.