Instadebit Casinos and Guide for Deposits and Withdrawals
Instadebit ↱is a product of Instadebit International Solutions Ltd, a Malta-based fintech company that offers a number of payment services. The company has been around for over a decade and a solid reputation with their users.
Instadebit is an instant banking service allowing users to make instant bank transfers from a Canadian bank account to a merchant or online casino.
Another product of the company is iDebit, another instant bank product, but without the need to sign up for the service. You can make payments with Instadebit to over 32 countries and effect them in Canadian Dollar or US Dollar.
Top Instadebit Casinos in 2023
There are a number of online casinos that accept Instadebit for deposits and withdrawals. We've collected some recommended casinos for you in the table below. Every casino carries a valid license and we provide a detailed review with everything of importance about the casino, including payments, bonuses, terms and games. Each provider is also fully licensed.
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|(T&Cs apply)Up to €400 for 4 deposits. ▼ More Details ▼
Deposit amount: €10 - €24: €10 reward
Deposit amount: €25- €49: €25 reward
Deposit amount: €50 - €99: €50 reward
Deposit amount: €100+: €100 reward
Wagering the deposit amount 20x credits the bonus to the real-money balance.
18+. T&Cs apply. Play Responsibly. LeoSafePlay.com 18+ | Please play responsibly | Operator's T&C apply.
*Bonus T&Cs apply! Accuracy not guaranteed, terms can change any time.
Table of contents:
How does Instadebit work?
To use Instadebit for payments you'll have to sign up for the service first - it's free to sign up. To register you'll need to provide personal information, including your date of birth, and the last four digits of your Canadian social security number. When making a payment with Instadebit, you'll connect your bank account to your Instadebit account.
They will then deduct the amount you wish to transfer from your bank account and credit the merchant immediately. This eliminates the processing times from regular bank transfers, as Instadebit acts as an intermediary by debiting your account while paying the merchant directly.
Advantages and disadvantages of using Instadebit at casinos
- Instant bank transfers within seconds
- Bank details are not shared with merchants
- Secured transactions
- CAD and USD payments are supported
- Withdrawals are possible
- Only available for Canadian bank account users
- Transfer fees apply
How to use Instadebit for the casino deposit
You can make quick and easy Instadebit deposits at online casinos by following these steps:
1. Register a player account at a casino that supports Instadebit payments.
2. Select the payment option at the casino's payment page.
3. Enter the amount you wish to deposit.
4. Continue to log in to your Instadebit account.
5. The payment will then be verified and debited to your bank account. The casino player account will be credited instantly. You'll see the charge on your bank account a few days later.
Casino deposit with Instadebit
To make deposits with Instadebit, simply select the payment option at the casino of your choice, provided they offer this payment method, of course. Select the amount you wish to deposit and continue to log in to your Instadebit account.
The payment will then be verified and debited to your bank account and the casino player account will be credited instantly. You'll see the charge on your bank account a few days later.
Casino withdrawal with Instadebit
You can also make casino withdrawals with Instadebit. Select the payment method for the withdrawal and the balance will be transferred to your Instadebit account. From there, it won't be automatically sent to your bank account, instead it will remain in your Instadebit balance and you can choose to either spend it elsewhere from the balance (free of charge), or you can transfer it to your bank account for a fee.
Difference between iDebit and Instadebit
Both are instant banking services from the same company, but there are a few differences between iDebit and Instadebit. When using iDebit, it's not necessary to register an account, and the service is a little cheaper to use too, but instead you won't be able to perform quick direct debits.
You'll need to confirm each transaction with your online banking. However, if you want to receive money with iDebit, you'll need to register an account as well. With Instadebit you can make payments even quicker, as you won't have to log in to your online banking each time.
Instadebit is a convenient payment method to make direct bank transfers to merchants in over 32 countries. However, the service is only available to users with a Canadian bank account.
Many online casinos accept this payment method and it's a convenient method to send and receive money from casino player accounts.
The fees are a small drawback, but considering the service, the are still reasonable. When using your Instadebit balance, it's even free to make payments.
Instadebit supports payments in Canadian Dollar and US Dollar. If you make a transaction to an account in a different currency, conversion fees will likely apply.
Casino players from Canada can use Instadebit at online casinos to make super fast payments from their bank account directly to their player account. This means that you can start playing casino games for real money at Canadian casinos immediately after the payment has been processed by Instadebit.
Each of our recommended Instadebit casinos is fully licensed and accepts players from Canada. Even more important, the casino operators have a good reputation with their players, and you can be certain to be in good hands.
If you've used Instadebit for the casino deposit you can also use it for the casino withdrawal of your winnings, but the casino operator has to verify and process the payment before sending the money to you, which can take a few hours or days.
Unfortunately, the Instadebit service isn't free to use, but the fees are relatively low. The account itself is free of charge and making a payment is currently set at a fee of C$1.95. If you've received payments from a merchant back to your Instadebit account and use the balance to make the payment, then it's free to transfer. Transferring funds back to your bank account will incur a fee of C$2 per transaction.
A transfer with Instadebit is quick and carried out within moments after the transaction has been approved by your bank.
Instadebit is available in many Canadian mobile online casinos and you can find some of the best ones here at CasinoDaemon.com, including reviews with information about the bonus, payment terms and games.
The minimum and maximum transaction limits are not only determined by the payment processor and your bank account, but also by the casino. Most casinos allow you to make a deposit from C$10, with maximum transaction limits of C$5,000.
When you request a withdrawal the casino may limit how much you can transfer in one transaction, a day, week or month. Take a look at the casino's payment policies to find out about their limits.
Instadebit International Solutions Ltd is a company based in Malta, and regulated by the MFSA (Malta Financial Services Authority). User data is stored on servers in Canada, and the service is exclusively available to Canadian users with a bank account at a Canadian bank.
Many Canadian players are offered a casino bonus when they register at a casino, and many casinos also have ongoing promotions where you can get deposit bonuses and sometimes extra spins. This bonus can normally also be claimed when you make a deposit with Instadebit, but still, it's important to take a look at the bonus t&cs, as they will give you more information on how you can use the bonus and how often it needs to be played.
Instadebit is a very safe payment method to make payments online directly from your bank account. The company has been around for a very long time and a good track record, meaning that users trust them.
The payments are secured through SSL connections. User account data is kept in secured locations and transfers are confirmed with the bank. As long as you keep your Instadebit account information safe, you won't have to worry about your account being compromised.