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Casino Deposits & Withdrawals Live Dealers Casino
Saturday, March 12 06:46:45 AM 2005

Let's face it: it's all about the money. And before you get started with any
transaction, you should be sure that the casino you've chosen keeps your personal
information private and secure. This is accomplished through secure servers
and encryption technology, and there should be information about the casino's
security and privacy measures on the Web site. Furthermore, you should be able
to find disclaimers about the casino's e-cash provider and account balance insurance.
Some of the most reputable e-cash providers are Interstate Global Ltd., Proc
Cyber Services, and E Cash Direct.


Deposit and Withdrawal Methods

In order to win cash, you have to spend cash, and any good casino should give
you several methods for deposits and withdrawals. Following are the most common
banking methods:


Credit Cards

Visa and MasterCard are the most commonly accepted cards. Beware that although
the casino (or its e-cash merchant) will usually record the transaction as a
purchase, your credit card company may see the transaction as a cash withdrawal
and apply their customary transaction fees.


For withdrawals (ie, "cashouts"), the credit card companies will
not allow the casino to credit you for more than your deposit amount, so the
balance is usually sent to you by check. For example, if you deposited $100
and later you want to cash out $500, the casino will credit you card $100 and
send a check for the remaining $400. A few casinos have posted disclaimers that
MasterCard will not allow any money to be credited back to your card; therefore,
the casino sends the entire amount by check.


FirePay

FirePay is a personal payment account that you fund with your credit card without
revealing your credit card details or payment history. Because of industry-wide
credit card restrictions, most casinos recommend that players user FirePay instead
of credit cards. FirePay accepts Visa, MasterCard, or Check. With FirePay, your
casino bankroll can be credited in minutes.Live Dealers Casino


PayPal

PayPal is a service through which individuals can send and receive money through
the Internet. PayPal accepts Visa, MasterCard, American Express, and Discover.
PayPal also accepts Electronics Funds Transfers directly from US Banks. It typically
takes up to 4 days to activate your PayPal account, but once you've got the
account, transactions are quick and your bankroll will be credited in minutes.


Direct Bank Transfer (Automatic Clearing House, or ACH)

This is simply a transfer from your bank to the bank account (or e-cash
merchant account) for the casino. This is usually accomplished by entering all
the necessary data into an electronic form in the Cashier section of a casino's
Web site. ACH transfers are restricted to US bank account holders, and processing
can take up to 7 days.


Wire Transfer

Like an ACH this is also a transfer from your bank account to the casino's account.
But with Wire Transfer, you usually need to FAX or e-mail to the casino a form
that will allow them to request a wire transfer on your behalf. They make the
request of your bank, and you must then give your bank authorization to wire
the money. This method typically takes quite a bit longer because of the extra
processing times required.


Check or Money Order

This method is necessarily slow because the check or money order must be mailed,
processed by the casino, and cleared by both banks before your account is credited.


Deposit Limits

All reputable Online casinos operate within a Code of Conduct, and one of the
guidelines in this code is that all casinos should be committed to detecting
and reducing compulsive gambling habits. One way to do this is to apply deposit
limits to all player accounts. Because of the various deposit methods and processing
times, Online casinos determine their limits by deposit method. This information
should be available for you on the casino's Web site. Average deposit limits
are listed below:


Credit Cards and FirePay:


up to $500 for single deposit per card

up to $1500 daily per card

up to $2000 total per card

maximum of 3 cards per person

PayPal:


up to $500 for single deposit

up to $1500 daily

up to $10,000 monthly

ACH and Wire Transfers:


up to $3000 for single deposit

up to $10,000 monthly

Check/Money Order:


up to $10,000 monthly



Source: Live Dealers Casino


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