Opening a Neteller Account
It is a
simple step by step process that is easy to understand and execute. Identification documentation such as a passport and a national identity card is necessary for the registration process. These days all financial services will ask for these documents and run a verification process. In line with regulations, they need to make sure they only accept legal individuals and stop illegitimate users like money launderers from using their services. A person's date of birth and the legal names are mandatory before Neteller accepts the application.
Once the registration process is complete, you can add funds to your account and start using it. Neteller can be linked to either a bank account, a debit card, or a credit card. It allows players to withdraw funds from a bank account while depositing into the Neteller account from where a casino deposit can be made.
In Canada, Neteller is widely used, and it's popular because the transaction details are never disclosed to a third party, which would otherwise compromise security. Neteller also has more than friendly rates on both withdrawals and deposits. The only charges with Neteller will happen on the bank's side.
Using Neteller for deposits and withdrawals in online casinos
Unfortunately, due to regulation, Neteller won't process payments to
online casinos in Canada online casinos in Canada.
They will only allow you to deposit in countries where gambling is regulated, while in Canada, gambling is not illegal, but there is a regulation in place. Neteller, PayPal and Skrill stopped processing payments to gambling companies in Canada.
This, of course, can change in the future, and we sincerely hope it does. Neteller is one of the best payment methods you can use when playing online, and we are looking forward to welcoming it back to the Canadian casinos.