Sofortbanking is an online payment service available for most bank account holders in Germany, Austria, Switzerland, Belgium, the UK, the Netherlands, and Italy. The system has spread rapidly over the past few years and now supports a large portion of most of Europe's major banks. For online casino players, Sofortbanking provides a quick and safe way to add funds into more than 50 online casinos.
Is Your Bank Accepted?
If you are from one of the listed countries that support Sofortbanking, odds are that your bank is compatible with their services. To make sure, you can go to the Sofortbanking main site and select “For Customers”. Click the “Supported Banks” link on the left side, then select your country and your bank's sort code.
Depositing with Sofortbanking
Adding money to an online casino account with Sofortbanking is remarkably simple. First load the participating casino's software, then log in with your account for real money mode. Go to the cashier and enter the amount you wish to deposit, then choose Sofortbanking as the payment method. Pick your country and enter your bank's basic information to be redirected to your bank's website. From there, the transaction will be handled directly through your bank. This allows you to transfer funds into your casino balance without disclosing your account number or TAN/PIN to any third party.
Advantages of Sofortbanking
All things considered, Sofortbanking is undoubtedly one of the best payment methods for European online casino players. The company offers the same confidentiality and safety that most online payment processors do, except that it does not sacrifice efficiency in the process. In fact, all deposits can be handled in a matter of moments. You don't even have to register a separate account or go through any verification hassles.
Another excellent reason to use Sofortbanking is the fact that they do not charge customers for their services. Instead, they rely upon merchant and bank fees to make their business work. As such, you can feel free to deposit as much as your bank will allow you to in a given day and not have to worry about a single fee.
Disadvantages of Sofortbanking
Unfortunately Sofortbanking's services are limited to players from select European countries who have an account at participating banks. If your bank is not listed on their “Supporting Banks” page, you will simply have to find another way to add funds to your online casino account. Some regions do offer services similar to Sofortbanking's, so if you are not eligible, check out some of our other deposit methods to see if there is a good alternative.
Another drawback of using Sofortbanking is the fact that you cannot use it to withdraw your casino balance. If you have a winning session, you'll need to find a separate withdrawal method. To avoid any trouble, we highly recommend sorting this out with a casino support rep before making a deposit.