Top Online Casinos That Accept SEPA as a Deposit Method
SEPA (Single Euro Payment Area) is a financial initiative started by the European Union. It aims to make bank transactions in Euros much faster and easier. Around 40 countries have already joined the SEPA system for all the right reasons. The so-called agreement among the European banks makes online payments incredibly easy as if there are no borders at all.
How Do SEPA Casinos Work?
SEPA is one of the safest payment methods used in the gambling industry. Online casinos that accept SEPA offer smooth payments, both deposits and withdrawals. So players can replenish their betting accounts with ease. They can also try perfectly adapted SEPA mobile casinos with some great slots and bonuses available.
Due to the growing coverage of SEPA across the world, more and more casinos start accepting this payment method. The advantages are as follows:
- Support from the major banks
- High reliability level that is constantly growing
- No commission for transactions
- No need to enter a lot of data to perform a transaction
After finding a worthy SEPA casino, players need to read through the terms and conditions. It’s important to understand the betting offer along with all the related requirements.
Making Deposits into SEPA Casinos
To make a deposit at SEPA casinos, players need to have an account in the bank that belongs to the SEPA network. They also need the IBAN, SWIFT, and BIC account to complete a transaction. The remaining process is quite straightforward and involves the standard steps:
- Visit an online casino that has SEPA available.
- Visit the cashier and select SEPA from the list of payment methods.
- Receive the casino payment details from customer support.
- Enter the details and confirm the payment from the online bank client or at the nearest bank branch.
- Wait for the control number to be sent by the bank.
A deposit transfer is typically processed within 3 business days. If sent over a weekend, it may take up to 7 calendar days.
Making Withdrawals from SEPA Casinos
When it comes to SEPA casino withdrawals, they are much easier and faster than deposits. Users just need to choose SEPA as the withdrawal method and complete the form, indicating their full name, address, as well as IBAN, SWIFT, or BIC. After confirming the transaction, money can be on its way to one’s bank account within 1-3 days. The entire process proves to have the highest level of security.
SEPA Fees and Limits
SEPA comes up with low charges. Their size depends on the bank’s policies. The mission of SEPA is to make international financial transactions affordable, so it’s no surprise that it is much more affordable than many other payment methods. Most banks usually charge from €0.5 to €4 per transaction. Players just need to their bank’s website for more precise details.
SEPA has deposit limits. To verify a bank account, it is important to deposit at least €50. The upper transfer limit is estimated at €999,999,999.99 EUR.
How can users fund their SEPA account?
SEPA is a financial service rather than a bank account itself. Users can refer to their banking institution to use the service, as long as they have an IBAN, BIC, or SWIFT code.
Do all casinos accept SEPA as a deposit method?
No, they don’t. But the growing coverage surely contributes to the constantly increasing number of SEPA casinos.
Do mobile casinos accept SEPA?
Yes, they do. Most modern casino sites are designed as compatible with mobile devices. So players shouldn’t have any problems using SEPA on their smartphones or iPhones.
Where to find a SEPA casino?
Players can do their research on the Internet and find a bunch of casino sites that accept SEPA as a deposit method.