Offering instant cash transfers without the risk of exposing your credit card number or bank account details, Neteller is one of the safest methods for depositing and withdrawing funds at online bookmakers. Here, we’ll cover everything you need to know about making real money transactions with this leading e-wallet service.
Best betting sites with Neteller
While Neteller banking is ubiquitous among the best AUD casinos online, it is not quite as widespread among sports betting sites. However, you can make Neteller deposits at one of our top-ranked online bookies for Australians:
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- Has a huge global presence
- Many deposit options
As one of the world’s biggest online betting networks, it’s no surprise Bet365 offers a wider range of secure payment methods than many of its rivals. Neteller is available for both deposit and withdrawals in Australian dollars, with a maximum transaction limit of AUD $50,000 and one-hour cashout processing for verified customers.
How to deposit using Neteller at betting sites
First, you need to open a personal Neteller account. Head to the Neteller.com website and hit the ‘Join for Free’ link in the menu bar to start the registration process. It costs nothing, as advertised, and takes only a minute to complete. Make sure to select AUD as your preferred currency and provide the same email address used for your online betting account.
Once logged in, you need to add some funds to your Neteller e-wallet. Select ‘Money In’ from the left-hand navigation menu and choose your preferred transaction method:
- Fast bank transfer
- International bank transfer
Pick your favourite option, enter how much you wish to put in your Neteller account and fill in the necessary details. Deposits made with credit card, debit card, Bitcoin, BPay, Paysafecard and POLi banking are quick and easy, although processing fees may apply. Bank transfers come at no additional cost, but they can take up to 48 hours to process.
When the money is in your e-Wallet, you can then move funds instantly to your online betting balance by logging in at your favourite bookie site and selecting ‘Neteller’ from the deposit options at the cashier. Enter the deposit amount along with your Neteller ID and account number. Once you confirm the transaction, the funds should appear in your betting account in a matter of seconds.
How to transfer Neteller funds on mobile
If you’re one of the millions of Aussie punters who love to bet via mobile, you need an online banking method that allows you to add funds and make cashouts whenever, wherever. Neteller offers just that. Open up your Android or iPhone betting app and follow the same steps as above to make instant AUD deposits and fast withdrawals.
Does Neteller have payment fees?
In most cases, no. At Bet365, for example, all transactions – whether deposits or withdrawals – between your Neteller account and your betting account are free of charge.
Founded in 1999, Neteller is one of the world’s largest independent online payment services. It was designed specifically to offer both consumers and merchants a fast, reliable and secure alternative to traditional banking options. Owned and operated by the Paysafe Group under the regulatory jurisdiction of the Financial Conduct Authority in the UK, Neteller has offices in London, the Isle of Man, Canada and the United States. It is used by millions and accepted in over 200 countries.
Is Neteller recommended for AUD deposits at betting sites
If you want to make instant payments online with the highest level of financial protection, Neteller is an excellent choice. While the Internet bookmakers we recommend are 100 per cent licensed and regulated, a secure e-wallet system like this means you don’t have to take any unnecessary risk by giving out your personal banking information.
There are no transaction fees, deposits are instantaneous and some AUD betting sites process cashouts within the hour. The only downside is that more sports books haven’t already followed the lead of the online casino business, where Neteller payments are a staple option among the industry’s leading operators.