How to deposit with ICICI Bank?
Players from India wanting to make a deposit at an online casino via their ICICI Bank account are in a bit of a tricky situation. Due to the Foreign Exchange Management Act of 1999, monetary transactions to certain foreign entities are illegal in India. They are also against the terms and conditions of the bank. Unfortunately, this covers deposits at foreign-based international online casinos as well. ICICI Bank released a statement to remind their customers that their credit cards can be potentially frozen when they are in breach of the regulations. At this point, we are not aware of how likely it is for this to happen. However, we would be remiss if we did not warn you of the risk.
If you chose to deposit via ICICI Bank in spite of the above, you have two possible options. You can either make a deposit using the credit card connected to your bank account, or you can send funds to the casino via a wire transfer. You can do either by logging into your casino account. For credit card deposits, you only have to enter your card details and select the amount you would like to transfer. It basically works like any other online card payment.
If you prefer a bank transfer, you first have to find the casino’s banking information at the cashier. You can also contact the customer support team for more information. You can then proceed to send the amount through your online banking or manually at your local ICICI Bank.
How to withdraw to ICICI Bank?
Making withdrawals is equally simple but bears the same risks as previously described. To request a withdrawal to your bank account via wire transfer, you merely have to select the respective option at the cashier of the online casino. First, you have to specify the amount you would like to cash out. In the following step, you will be asked to fill in a form with your banking information. Once you confirmed the transaction, and it has been approved by the payments department of the casino, it can take up to three business days before your withdrawal reaches your account.
At most online casinos, credit card withdrawals are only available if you already made a deposit with the card in question. If this is the case, your card details will most likely show up at the cashier. Then, you can simply request the casino to send your winnings back to the same card.
Limits and fees
If you have to pay any transaction fees depends on various factors. Generally, online casinos cover this kind of fee for you when it comes to credit card payments and wire transfers. However, this is not always the case. The exact modalities can vary from casino to casino. Furthermore, it is possible that ICICI Bank will charge you a small fee when sending wire transfers abroad. Online casinos tend to have high limits on deposits and withdrawals for the mentioned payment options. Usually, you can find the exact details at the cashier or the casino’s FAQ section. Again, you can always contact customer support in case something is unclear about their limits and fees. After all, it’s better to be sure of what’s what.
ICICI Bank bonus at online casinos
Online casinos are heavily targeting players from India with lucrative bonus offers and localized promotional campaigns. Due to the strong competition between casino operators, you won’t find it hard to discover plenty of great welcome packages. These deals can include deposit bonuses, free spins, or a combination of both – some even feature casino cashback bonuses. The best casinos will even offer you bonuses for multiple deposits.
