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How to deposit with YES BANK?

Before we get started, we would like to remind you that under the Foreign Exchange Management Act of 1999, monetary transactions to certain foreign entities are illegal in India. Also, you should refer to point (25) of the terms of Service of YES BANK: “List of Restricted Categories for Merchants: [...] 14) Gaming/gambling which includes lottery tickets, sports bets, memberships/enrollment in online gambling”

In theory, it is possible to make deposits at online casinos with your YES BANK account. However, we strictly advise against it, as the bank might block your transaction and/or accounts. If you want to proceed regardless of the risk involved, you can use your YES BANK credit card at the cashier of almost any online casino. You simply haveve to specify the deposit amount, enter your card details, and confirm the transaction, just like you would do with any other online purchase. Alternatively, you can also send a wire transfer to the casino. All necessary details can be found at the cashier.

To avoid the risk of getting their bank account or cards blocked, many players from India switched to eWallets in recent years. You can find more about alternative solutions in the payments guides section here at GoodLuckMate.

How to withdraw to YES BANK?

Depending on your choice of deposit method, you can either cash out your funds directly to your YES BANK account or send the money to the credit card that has previously been used to deposit. Simply enter your account details and the amount you would like to withdraw. Then, confirm the transaction. In case you are using a credit card for the transaction, your card details will likely still be saved at the casino cashier. We would like to remind you of the risks that are involved once more when using Indian bank accounts at foreign-based online casinos.

Limits and fees

Most online casinos have certain limits for deposits and withdrawals via credit cards and wire transfers. How much that is varies from casino to casino. Therefore, it’s always worth checking out the cashier before getting started. Fees are only charged on rare occasions for transactions of this kind by the casino operators. Additionally, you have to consider your credit card and account limits that are imposed by your bank, as well as possible transaction fees on their end.

YES BANK bonus at online casinos

Many online casinos took note of India as one of the biggest emerging gambling markets in the world. It shouldn’t come as a surprise, then, that all of them want to get a foothold in the country's gambling industry before it’s too late. Due to fierce competition between the casino operators, they are forced to hand out incredibly lucrative bonus offers if they want to be relevant in the Indian gambling market. Players from India will be happy to hear that there are plenty of great promotions waiting for them. But we would like to mention one last time that it might be risky to use your YES BANK account to deposit at foreign-based online casinos.

Andreas Schmidt
Andreas Schmidt
Last Update: 13 Mar 2023
Andreas is our go-to guy for anything related to poker or in-depth guides. He's not only a former professional poker player, but he's also been working within the iGaming industry itself since 2014. Casino, Poker and Sports Betting are his main areas of expertise, in addition to anything and everything related to payment processes at online casinos.
Q: 

Is it safe to use YES BANK for deposits and withdrawals at online casinos?

A: Yes, it is generally safe to use YES BANK for deposits and withdrawals at online casinos, provided that you choose a reputable and licensed online casino that has implemented strong security measures to protect your personal and financial information.
Q: 

Which online casinos accept YES BANK as a payment method?

A: There are several online casinos that accept YES BANK as a payment method, but they may vary depending on your location. It's best to check with the online casino's customer support or banking section to see if they accept YES BANK as a payment method.
Q: 

Are there any fees associated with using YES BANK for online gambling transactions?

A: The fees associated with using YES BANK for online gambling transactions may vary depending on the online casino's policies and the user's location. It's best to check with the online casino to see what fees may apply.
Q: 

How long does it take for deposits and withdrawals to be processed using YES BANK?

A: The processing time for deposits and withdrawals using YES BANK may vary depending on the online casino's policies and the user's location. Typically, deposits are processed instantly, while withdrawals may take up to several business days to complete.
Q: 

What are the minimum and maximum deposit and withdrawal limits when using YES BANK at online casinos?

A: The minimum and maximum deposit and withdrawal limits when using YES BANK at online casinos may vary depending on the online casino's policies. It's best to check with the online casino's customer support or banking section to see what the limits are.
Q: 

What documentation is required to use YES BANK for online gambling transactions?

A: Users may need to provide some documentation when using YES BANK for online gambling transactions, such as a valid ID or proof of address. It's best to check with your YES BANK online casino to see what documentation may be required.
Q: 

Are there any restrictions on using YES BANK for online gambling in certain countries or regions?

A: Yes, there may be restrictions on using YES BANK for online gambling in certain countries or regions due to legal or regulatory reasons. It's best to check with the online casino to see if YES BANK is available in your location.
Q: 

What should I do if I encounter any issues when using YES BANK for gambling transactions?

A: If you encounter any issues when using YES BANK for online gambling transactions, you should contact the online casino's customer support for assistance.
Q: 

Can I claim bonuses and promotions when using YES BANK for casino deposits?

A: Yes, you can typically claim bonuses and promotions when using YES BANK for casino deposits, provided that the online casino offers such promotions and that the terms and conditions of the promotion do not exclude YES BANK as a payment method.
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