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Story Behind Nordea

Nordea was founded in 1997 and currently has bases in Stockholm, Sweden, and Helsinki, Finland, and is considered the largest bank used across the whole of the Nordic countries combined. Nordea has bases in each of these countries and will serve them all in their local languages and currency. While Nordea can be used in other countries worldwide, it is currently only available to sign up for if you are based in Sweden, Norway, Denmark, or in the Finnish online casinos.

Nordea bank issues both MasterCard and Visa cards which are accepted at almost all casinos. However, betting with this company is restricted to those online casinos with a license issued by one of the iGaming Authorities of the four Nordic countries.

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When depositing into an online casino using Nordea, it is essential to ensure that you have the correct balance available to ensure your transaction goes through without any issues. Once you have available funds, here’s how to make your deposit:

1. Find an online casino that Nordea will allow deposits to and create an account.
2. Open the banking page and select Nordea from the available payment methods (this may also be under the name Netbank).
3. Enter how much you wish to deposit.
4. Enter your Nordea card details and click submit.
5. You will be redirected to the casino once your transaction is approved.

Nordea Deposit Fee

One of the most impressive things about using Nordea to deposit into your online casino is that they charge no additional fees for doing so. While many banks or e-wallets in the Nordics will apply a transaction fee, Nordea gives this extra value to their customers.

The only fees that most Nordea customers can expect to pay are a 2% fee for any currency conversions or any fees associated with your credit card if you opt to pay with this option. That said, while Nordea does not charge their users anything extra, the casino may have a transaction fee for using this payment method, therefore we recommend reviewing this before making your deposit.

In addition, Nordea will not impose any spending restrictions on your account meaning that if you have the funds available, you can spend your money however you like.

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The biggest downside to spending online with Nordea is that currently, they do not accept withdrawals from online casinos unless you opt to play with their credit card options. This is because when you are issued a credit card it will be via MasterCard (or occasionally Visa) and then your online casino can issue it via this option instead of Nordea or Netbank.

If you do not have this option available, then you can add a different payment method to your casino account to withdraw the funds, or you could request a bank transfer instead. Just remember that if you choose to add a different payment method then you may have to make a small deposit for additional security before any withdrawals can be processed.

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Usually, the payout speed at each casino is determined by their own processing times and does not always take the deposit method used into consideration, especially if you cannot withdraw back to that payment method. When a withdrawal is requested, this is sent off to the Payments Team to review and approve. A lower quality casino may take longer to do this and as a result, it will take longer for players to receive their money. Therefore, it is important to choose one of our best recommended Nordea casinos, like those in the list below:

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Nordea is a well-known and used bank across Sweden, Finland, Norway, and Denmark and offers a wide range of benefits to using them, however, there are still some downsides as well. Here are our pros and cons of using Nordea to gamble: