Citadel Instant Banking Payment and Withdrawal

The growth in e-commerce activity over the past decade has been huge and continues to get bigger.  With so many people choosing to do their shopping online, secure payment methods have become more of a necessity, than a luxury.  The same applies to online gambling, which has seen massive growth over the last ten years and continues to expand.  Thanks to companies, such as Citadel Instant Banking, it’s becoming much easier and safer to make deposits at online gambling websites.

The Facts

Website: www.citadelcommerce.com

Citadel Instant Banking was launched in the year 2000 and has become one of the most reliable online payment processing companies available today.  Their bank transfer technology is now being used by some of the biggest and most popular online merchants in the world.

The headquarters of Citadel Instant Banking are based in Vancouver, Canada and the company is registered in the United Kingdom under the Payment Institute and is also a member of the UK Electronic Money Association.

To use Citadel Instant Banking you are not required to register or sign up to anything.  You simply choose Citadel Instant Banking, if it’s available as an option on the website you are making a transaction on and you will then be presented with a list of banks to choose from.  Citadel Instant Banking is on offer in 23 countries, including the United Kingdom, United States of America, Canada, Japan, Finland and New Zealand.  For a full list of accepted countries, check out their website using the link above.

Citadel Instant Banking is linked to over 300 banking institutions across 23 countries and supports the local currency of each country.

Using Citadel Instant Banking to Bet Online

As stated above, you do not need to register with Citadel Instant Banking, to be able to use their services.  All you need to do, is locate the deposit option on your online gambling website and look for their logo or link.  Having chosen Citadel from the options, which may be under a sub-menu called ‘Instant Banking’, you will be presented with a choice of banks for the country in which you reside.

The bank at which you have your internet banking set-up, will need to be selected to continue.  If you can not see your bank listed, it’s very unlikely you will be able to use the Citadel Instant Banking service.  However, if your country is listed on their website, you should have no problem, as the majority of major banks are accepted from each of them.

Having entered the amount you would like to deposit, you just need to confirm the details with your bank and you will be transferred back to the gambling website.  The money will appear in your online gambling account instantly.  As the time of writing, there is a fee of 1.5 units per transaction when making a payment using Citadel Instant Banking, so please check with your sportsbook or casino, to see if there are any additional fees.  It’s very rare an online gambling site will also charge you for making a deposit.

You may find there is a limit to the amount of money you can deposit when you first start using the service.  However, this is just a safe-guard by the company and once you have started using the service regularly, making successful deposits, this will be lifted.  Perhaps using Citadel Instant Banking would be a good idea if you are new to online gambling, as you will not be able to deposit more than the limit set by the company.  This will keep your spending lower, as you learn what it takes to be successful with online gambling.

It’s also possible to make withdrawals from online gambling accounts, using Citadel Instant Banking.  The process works much the same way as making deposit and it’s best to check with the gambling website you are using first, to see if there are any fees involved.  This will avoid the potential for a nasty surprise, having completed a withdrawal.

Citadel Instant Banking Advantages

• You do not need to sign up or divulge any personal or financial information to use the Citadel service.
• Deposits are made using a high level of security, therefore safety is excellent.
• Funds are transferred immediately and will appear in your gambling account instantly.
• The service is available in 23 countries worldwide and in the local currency of each.

Citadel Instant Banking Disadvantages

• The service is not available in every country.
• You have to log in to your online banking account, every time you wish to make a deposit.
• There is a fee of 1.5 units when making a payment using Citadel Instant Banking.
• Withdrawals may be possible but there could be fees involved.
• There is a limit on the amount of money you can transfer initially but this will increase the more you use the service.

Summary

• Citadel Instant Banking is available in 23 countries
• You are not required to register in order to use the service
• There are fees involved when making payments and withdrawals
• Deposits will appear in your online gambling account instantly