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Online Bingo Deposit and Withdrawal Methods

When you decide to play in an online bingo hall, the first step is to install the software and to fill in the registration form. The second, and also the most important step, is to select the deposit and withdrawal method that most suites you. There are many different methods you can use at online bingo sites, however sometimes it can be very difficult to decide which option to choose. Here is a review of the deposit/withdrawal methods that are most commonly used, however some websites may offer some additional ones.

Almost every gambling website offers one or more credit credits as a deposit method. The most commonly accepted are Visa and Mastercard, however many other banks don't allow the use of their cards at online gaming sites. Using Mastercard can be tricky since you will only be able to open an account and deposit money but you won't be able to make a withdrawal back to the card. To be able to receive your winnings you will have to use another card or open an e-wallet. Make sure you check if the website charges an additional fee for using the desired credit card, as this can sometimes happen.

Probably the most simple and the most widely accepted deposit method are the debit cards such as Maestro, Visa Electron, Delta and Solo. While credit cards allow the card holder some credit, debit cards directly charge the account of the card holder. Since some cards might not be accepted check the website banking options first.

E-wallets such as Moneybookers and NETeller are money transfer services for internet transactions, and they are very popular because they are simple to use and accepted by most online bingo websites. You can make a deposit to your e-wallet directly from your bank account or your credit/debit card, while your financial details remain secret. This money can then be transferred to your online gambling account, and you can withdraw your winnings back to the same e-wallet and next to your bank account. If you play in several online gaming websites, you will be able to move funds from just one e-wallet. Moreover, you can also make transactions in foreign currencies. The negative side is that there is generally a fee you will need to pay for every transaction, and that the exchange rate is sometimes quite unfavourable. However there are differences between different e-wallet providers, as some are less expensive than others.

Most online gambling websites also offer bank transfers and checks. These are also very simple methods to deposit and withdrawal money, however checks can take a rather long time before they are processed.

Prepaid cards such as the PaySafeCard are offered by some websites. They are good because they are quick and have no bureaucratic expenses. These cards include a certain balance you can use, and some of them can be recharged.

Ukash is a new internet transaction method that can be used by players from the UK. Using Ukash is similar to using real money since you purchase vouchers and your financial information remains secret. It can only be used to make deposits, so you will still need a different withdrawal method.

Some of the methods are not available worldwide, so make sure you have checked that you can use the desired method from your country. Many online bingo halls offer you a special bonus if you opt for a specific method. This should not be the only criteria in selecting your deposit/withdrawal option, yet it might help you pick between two trustworthy methods in the end.

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