Home » FAQ » Casinos that Accept New Zealand Dollars » ARE THERE ANY FEES AND LIMITS?

ARE THERE ANY FEES AND LIMITS?

If you open the terms and conditions of any banking method and casino, you will see different policies. Kiwis may face a minimum deposit of $1, but usually, the minimum deposit ranges between 10 NZD and 20 NZD. However, the cash-out limits are higher and ranges between 20 NZD and 60 NZD. In most casinos, there are no fees, however, read the rules before entering the casino.

Waiting is exhausting. Especially when you wait for your money from online casinos. Actually, you can make attempts to impact the duration of the process. The time of withdrawal depends on several factors. They are withdrawal banking options, overall request processing, security check, bank request and verification.

Verification and safety

As soon as you make a request for payout, the casino’s security control must verify your personality. Apart from your already mentioned info, you may be asked to send some more proofs of your unique identity. That is why the overall processing of the request takes so long. However, some online casinos swear it’s fast and takes no more than 24 hours. If you wish to know which are these fast online casinos, check the relevant article on our site.

Generally, the very first payout procedure takes longer than all the further ones. It’s due to that online casinos need time to verify that it’s exactly you who requests the money. All their actions are done with a safety purpose. So, there’s no need to get annoyed that they are too slow or make you provide some additional docs. It’s their job. Your online casino must be safe and secure, remember?

Banking options

To tell the truth, selection of the banking option is a very important step. When you want to make a request, choose the option suitable to your needs.

  • If you want the winnings right now, fast and easy, choose an e-wallet. Usually online casinos make transactions to e-wallets instantly and very often don’t require any docs to verify you. They offer mainly these options: Neteller, Skrill, ecoPayz, PayPal, MuchBetter.
  • Another popular method to withdraw winnings is banking cards. No matter if it’s credit or debit. Visa or Mastercard receive the payment within 3 days. The time depends on the security checks.
  • Bank transfer is a classic way to withdraw money. It’s safe and direct, from casino to bank account. One disadvantage is that it takes 3-5 days to transfer.

Conclusion

Remember that the banks can have a security check too. Thus, it all counts as the waiting time of several banking days. If the fast payouts are what you need, then you should follow the formula. Sign up at the fast processing online casino, provide the authentic info about you, choose an e-wallet as a withdrawal option. Otherwise, if you don’t hurry and can wait, bank cards or transfer can be your choice.

In the very beginning when you just think about joining some online casino, you can feel something is wrong with the whole gambling activity. To tell the truth, it can be so if you face a so-called scam, or fake casino. However, it never happens with legit online casinos. They have permission and approval from gambling authorities. This totally removes doubts.

Before we go further, there is one thing that you must be aware of. Online gambling is legal only in some countries. Make sure that the country you are browsing from permits you to do it. Otherwise, it is fully punishable by law. But don’t be too scared. Even if your country strongly prohibits online gambling, it may accept that you play at international online casinos. So, check this regulatory fact before playing games.

How to define the legality?

Now let’s figure out what online casinos are legit and what the legitimacy means at all. First of all, legitimacy is the approval by regulating bodies. As an interpretation of such approval are licences. Only official gambling authorities can issue the licences. The most reputable and famous authorities are Malta GA, the UKGC, also the ones from Curacao, Costa Rica, Kahnawake. To be more exact, there are several proving bodies worldwide that can issue the official paper of this kind.

Finally, here come the online casinos with the official approval from the mentioned authorities. They are legit which means they will not cheat on games or betray you in some way. So, you can join them anytime. The legit online casinos are Casumo (UKGC), Spin Casino (MGA), JackpotCity (MGA), Royal Vegas (MGA), Ruby Fortune (MGA), Dunder (MGA, UKGC) and more. You can easily check the legitimacy on the appropriate casino site. If you see a sign of at least one licence, the casino is officially legit.

While PayPal itself typically doesn’t charge fees for casino transactions, some casinos may impose a small fee for using this payment method. Always check the casino’s terms before depositing.

More articles on gambling topic

05.07.2021 442
Most Kiwis spend time playing slot machines. As obvious, slots stand out among other games to play. You can find slots everywhere, but also you can easily choose a casino ...
27.05.2021 387
In the modern gambling environment, it seems to be safe to run a casino. Mostly they think that the players are at risk, not the owners. But the truth is ...
25.05.2021 450
Each year, more and more internet users become interested in the gambling sphere, certainly in online casinos. This is due to the fact that owners of online casinos provide no ...