Deposits & Withdrawals Guide

Getting started with online casinos in Ireland or New Zealand? Understanding online casino payment methods and how withdrawals work can make your experience smoother. In this friendly guide we explain how to deposit money into your casino account and cash out winnings safely. We cover popular payment options (Visa/Mastercard, PayPal/Skrill/Neteller, bank transfers and POLi for NZ), explain processing times, currencies (EUR/NZD) and KYC checks, and give tips to avoid common problems. Let’s dive in!

How Deposits Work at Online Casinos

When you sign up at a reputable casino site, the first step is funding your account. In most cases you’ll choose your preferred deposit method in the casino’s Cashier/Banking section.

1. Register your account: Create an account with basic info. Many sites let you deposit before full verification, but they do keep track of who deposits.
2. Go to the cashier: Log in and find the “Deposit” or “Banking” page.
3. Choose a payment method: Pick from cards, e-wallets, bank transfer or POLi (for NZ). The site should list all supported deposit methods.
4. Enter amount & confirm: Input the deposit amount and any account details (card number, bank login, etc). The money is usually taken immediately (deposits are generally instant across the board). For example, credit/debit card deposits post instantly, and e-wallet deposits go through in seconds.

Most casinos in Ireland let you deposit in EUR, and casinos in New Zealand typically use NZD. The casino will usually auto-select your local currency at signup. Using your home currency means no surprise exchange fees on deposit or withdrawals. If your local currency isn’t supported, the casino will convert it at withdrawal.

Depositing with a Visa/Mastercard is quick and easy. Most casinos accept Visa and Mastercard instantly for deposits.

Popular Deposit Methods

Visa & Mastercard (Credit/Debit Cards)

Credit/debit cards are accepted at nearly every online casino. In Ireland and NZ, Visa and Mastercard are by far the most common. Depositing with a card is easy and secure. You simply enter your card details and the money moves from your bank account to the casino immediately. Deposits are instant, so you can start playing right away.

Card withdrawals work too (if the casino supports it), but can be slower. Typical cashout times are 1–5 business days for cards. In practice, most card withdrawals take 3–5 days to clear. Always check the casino’s terms: some casinos may charge fees or only allow withdrawals back to the original card.

• Why use cards? Almost everyone has a debit card, and Visa/Mastercard payments are highly reliable. Transactions are protected by your bank and card issuer.
• Watch for: Withdrawal limits. Many casinos cap how much you can withdraw to a card (often a few thousand €/$).

PayPal, Skrill, Neteller (E-Wallets)

E-wallets are digital “wallets” that sit between your bank and the casino. Popular e-wallets in Ireland/NZ include PayPal, Skrill and Neteller. You load money into these wallets once, and then withdraw/deposit at casinos without re-entering your card details.

E-wallets are fast and secure. Deposits via PayPal/Skrill/Neteller are typically processed instantly, and withdrawals are even faster than cards. In fact, one guide notes that using e-wallets lets you get your casino cash “within hours or one or two days at most”. Because the casino deals with your e-wallet, your bank details stay private.

E-wallets like PayPal, Skrill and Neteller let you deposit and withdraw almost instantly.

E-wallets often offer generous limits and extra security features (like 2FA). They may charge small fees (e.g. currency conversion or transaction fees), so check the provider’s terms. Importantly, most casinos require withdrawals back to your e-wallet (or one that’s linked to the same account) for security. In short, if you deposit with PayPal, plan to withdraw to that same PayPal account.

Bank Transfers (Wire/EFT)

Bank transfers (sometimes via services like Trustly) let you move funds directly between your bank account and the casino. This is very secure, especially for large amounts, but slower than cards or e-wallets. Deposits via bank transfer can take a day or more to arrive, depending on your bank.

Withdrawals by bank transfer also take longer. You might wait 3–7 business days for funds to reach your account. (As one source notes, “bank transfers may take slightly longer” than card or e-wallet withdrawals) Many players use bank transfers only for larger transactions due to the higher limits.

• Security: Very high, since it’s a direct bank-to-bank move.
• Convenience: Less convenient and slower. You’ll usually need to provide bank details each time.

Prepaid Cards (Paysafecard, etc.)

Prepaid cards (like Paysafecard) can be used for deposits only. You buy a voucher from a shop (with a code) and use that to fund your casino account. This is good for anonymity and budgeting since it’s not linked to your bank.

However, casinos will not refund a withdrawal to a prepaid card. If you deposit with Paysafecard, you must withdraw via a different method (e.g. bank or e-wallet). Also note the usual lower limits on Paysafecard deposits (often €250 or NZ$250 per day).

• Tip: Treat prepaid as a way to deposit safely. Always have an alternative withdrawal method ready (like your bank or e-wallet).

POLi (New Zealand Only)

For players in NZ, POLi is a very popular online banking payment service. With POLi you log in to your bank account (like ANZ, BNZ, Westpac, etc.) and authorise a payment directly, without needing a card number. POLi deposits are instant and fee-free, making them an easy way to fund your casino account from NZD bank accounts.

However, note: POLi is generally deposit-only. You cannot withdraw winnings back via POLi. Instead, winnings must be cashed out by another method (typically a bank wire, card or e-wallet). For example, one site notes that POLi “ensures seamless deposits” but that withdrawals are done through Visa, Skrill or Neteller. Always check the casino’s deposit rules: POLi may have minimums (often NZ$5) and maximums, and won’t be available for payouts.

Key NZ tip: After depositing with POLi, plan ahead how you’ll withdraw (for instance, by giving the casino your bank account or e-wallet details).

Currencies and Local Payments

Irish casinos will usually transact in Euro (EUR). Kiwi casinos will use New Zealand Dollars (NZD). Most casinos default to your local currency automatically. Using local currency is best: it avoids conversion fees and keeps track of your balance easier. If a casino doesn’t support EUR or NZD, your deposit is converted (often at a loss), so double-check the currency before depositing.

How Withdrawals Work

Cashing out your winnings involves a few more steps than depositing. Here’s what to expect:

1. Check any wagering requirements: If you used a bonus, make sure you’ve met its playthrough before withdrawing.
2. Go to the Cashier/Withdrawal page: Choose “Withdraw” and enter the amount. Usually the casino will only let you withdraw funds that came from your own deposits (not bonus money).
3. Select withdrawal method: This is often pre-filled or limited. Most casinos require you to withdraw to the same method you used to deposit (this is standard practice to prevent fraud). For example, if you deposited with PayPal, you’ll likely need to withdraw to that same PayPal account.
4. Submit any required info: Before processing, the casino will usually ask for identity verification (KYC). Common documents include a photo ID (passport/driver’s license), a recent utility bill (for address) and sometimes proof of payment (like a photo of your card). Casinos do this to comply with regulations and to protect you from theft.

Note: Withdrawals take longer than deposits. While deposits often hit instantly, expect withdrawals to take hours or days. The speed depends on your method. For example, e-wallet withdrawals may arrive within 24–48 hours, whereas card or bank transfers can take 3–5 business days.

In practice, reputable casino sites process your cashout request quickly once identity is verified. Some high-tier members even get priority processing. But in most cases, be patient and allow up to a week for the full transfer (especially for bank/card methods).

Processing Times

• E-Wallets (PayPal/Skrill/Neteller): Typically the fastest. You might see your money in a few hours up to 1–2 days.
• Credit/Debit Cards: Withdrawals to cards usually take 1–5 business days. (One source notes 3–5 days is typical.)
• Bank Transfer: Often 2–7 days. This is similar to a regular wire transfer between banks.
• Prepaid Cards (Paysafe): Not available for payouts.
• POLi (NZ): Not available for withdrawals; you must use a different method to cash out.

Always factor in a day or two for the casino to review and approve your withdrawal. They often queue withdrawal requests to prevent money laundering. Once approved, e-wallets push funds quickly, while banks take longer.

KYC (Identity Verification)

Before you can withdraw, the casino will verify your identity (KYC). This is standard and usually only needs to be done once (or after depositing a large sum). KYC checks ensure you’re an adult, your location is legal, and that the money is going to the right person.

Prepare for KYC by having the following on hand:

• Photo ID: Passport or driver’s license.
• Proof of address: A recent utility bill or bank statement (usually within last 3 months).
• Payment proof (if needed): If you deposited by card, a photo of the front/back of the card may be requested (with only the last 4 digits visible). For e-wallets, a screenshot of your wallet account may be required.

Casinos will email or prompt you to upload these documents. Once submitted, verification can take up to a few days. It’s best to do this before you attempt a withdrawal, so you don’t face delays when you win.

Pro tip: Complete your account verification early. That way, when you decide to cash out, the casino can pay you faster without waiting on docs.

Tips to Avoid Common Issues

• Match deposit & withdrawal methods: Always try to use the same method for withdraw as you did to deposit. Casinos usually enforce this rule to prevent fraud. If you deposited with an e-wallet, withdraw to that e-wallet. If you deposited by Visa, withdraw to the same Visa card or your bank. This avoids holds or rejected withdrawals.
• Keep records of transactions: Save screenshots or emails of your deposit receipts. They can help if you ever need to resolve a payment issue with support.
• Check deposit/withdrawal limits: Casinos impose minimums and maximums for withdrawals (often around €1,000–€3,000). Verify these limits in the terms so you know when to request multiple withdrawals or provide extra info.
• Watch for fees: Some banks charge fees for receiving casino payouts or currency conversion. Opting for local currency (EUR or NZD) avoids some fees. E-wallets might charge a withdrawal fee or currency fee – read their terms.
• Verify your account early: Submit your ID/address proof right after signing up. That way you won’t be surprised by a “verify your account” block when you try to withdraw.
• Use secure sites: Stick to reputable casino platforms with strong reviews. Always look for SSL security (https://) and proper licensing. A safe site won’t disappear with your money.

Following these tips will help your deposit and withdrawal experience go smoothly.