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SiD Instant EFT is an online casino payment method used throughout the Republic of South Africa. This payment method was created almost specifically to work with online casinos to facilitate payments directly from your bank account at no extra costs.
Find out all about SiD Instant EFT and how it works on this page, and check out our list of the best SiD Instant EFT casino sites.
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| Rank | Casinos | Rating | Bonus | Safe Link |
|---|---|---|---|---|
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SiD Secure Electronic Fund Transfer was founded in 2007 in South Africa. SiD Instant provides a safe and convenient way for gamblers to make deposits and withdrawals from their favourite casino sites.
SiD Instant has partnered with several banks throughout South Africa and many available casinos in the region to make this one of the most desirable payment methods to use at online casinos. The most common banks using SiD include ABSA, Nedbank, Standard Bank, and First National Bank.
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When signing up to SiD Instant EFT, users do not need to create an account specifically. SiD only acts as a partner bank and does not hold money like an e-wallet. To deposit SiD Instant EFT, link it with your bank account and follow these steps:
- Find an online casino that accepts SiD Instant EFT deposits and create an account.
- Head to the banking area and select SiD Instant EFT from the available payment methods.
- Select your bank from the drop-down menu.
- Enter how much you want to deposit and click submit.
- Confirm your identity by entering your SiD Instant EFT one-time PIN.
- You will be redirected back to the casino when the transaction is approved.
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One of the main reasons people choose to use SiD Instant is their lack of fees. Not only does SiD not charge users to deposit (or withdraw) from their favourite casino’s sites, but they have one of the lowest transaction fees from merchants throughout South Africa. This is one of the reasons banks and casinos love their customers using this payment method.
With most online e-wallets and digital payment merchants adding on transaction fees, SiD Instant EFT stands out in a highly competitive market. It is worth noting, though, that while SiD does not charge their users, they will charge the merchant, and these fees may be passed on when making your casino deposit; so, make sure you check this before completing your transaction.
Almost every online casino will have its limits imposed when depositing, though, which you will have to adhere to. When making your transaction or in their full terms and conditions, you will see these.
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Not only are SiD Instant one of the most desirable deposit methods because of their instant timeframe and their lack of fees, but their withdrawal speeds are considered one of the fastest in South Africa. The timescale between requesting your withdrawal and having your cash in your SiD Instant account should not exceed more than 72 hours and is generally within 24 hours.
Remember that many factors can influence the withdrawal speed at an online casino. If you need to verify your account or provide documents, this will inevitably slow things down - the good news is that this is usually only required on your first withdrawal. If you have a large balance, you may also need to withdraw in separate transactions, taking longer to get your cash.
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The payout speed generally depends on the casino itself and does not always consider the deposit method. When a player requests a withdrawal, it’s passed on to a payments team to process and approve. A lower quality SiD Instant casino may take longer to do this and so cause delays in getting your cash. Therefore, it’s essential to choose one of the best SiD Instant online casinos, like those listed below:
| No. |
Online Casino | Instant ETF Deposit | Instant ETF Cashout |
|---|---|---|---|
| 1 | PinoCasino | Yes | Yes |
| 2 | Cobra Casino | Yes | Yes |
| 3 | CasiGo Casino | Yes | Yes |
| 4 | SlotHunter Casino | Yes | Yes |
| 5 | Evospin Casino | Yes | Yes |
| 6 | Crazy Fox Casino | Yes | Yes |
| 7 | Sunpura Casino | Yes | Yes |
| 8 | Skol Casino | Yes | Yes |
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SiD Instant is a stand-out casino payment method in South Africa for many reasons, but it also has downfalls. Here are our pros and cons for using SiD Instant to gamble:
- No deposit fees when adding money to your casino account
- Deposits are credited instantly, so there is no waiting around
- No need to hold a SiD Instant account, only online banking
- SiD was created specifically for online gamblers
- Only available to RSA residents who hold an RSA bank account
- Only supports local ZAR currency
- Not available at many online casinos outside of South Africa
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As stated on this page, SiD Instant was created by gamblers and gamblers to ease this niche of transactions. To do this, they work alongside multiple banks but also many casinos. By doing so, SiD Instant can allow its users to claim available promotions when they deposit using this payment method.
Because using SiD Instant makes instant deposits into your casino account, not only will you be able to claim any welcome offers when signing up to a quality casino, if you are a recurring user, then regular promotions will also be available.
Some of the most popular casino bonuses with SiD Instant transactions include free spins on specific games and deposit matches where users can play with more than their deposit amounts. Regular promotions may also include cashback offers and daily or weekly tournaments where you could win some cool merch just for playing your traditional slots!
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The SiD Instant Secure website has a wealth of available information for its customers to peruse when or even if necessary. Not only does their site have its FAQs readily available, but they have an easy and handy search bar option to assist you in your search.
If you cannot find what you are looking for on the SiD Instant website, you can reach out to their customer support team, who will be more than happy to assist in any way they can. The easiest way to reach out to the customer support team directly is via the below methods:
- Email: [email protected]
- Phone: 011-555-1101
The customer support team is available to answer calls between Monday to Friday, 8 am to 5 pm; however, there will be agents available via email if you need assistance outside of this time.
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There are many reasons outlined on this page as to why gamblers choose to use SiD Instant as their standard payment method at online casinos. That said, not every casino will accept them, and users do need to have online banking to do so as well. If needed, here are some SiD Instant alternatives:
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Before registering at any online casino, you should check that it is properly regulated and licensed by a recognized gambling body. This means that the casino is compliant and is subject to regular checks for safety and fairness.
Our expert team has vetted every online casino with SiD Instant-on this page before being recommended to our readers. If you use a SiD Instant casino other than our website, you should be vigilant with your personal and financial information.
Because SiD Instant does not require its users to create an account with them, nor do they hold any of your financial information, SiD Instant transactions are as secure as your bank makes them. That said, SiD Instant has its in-house security, and they have several protection programs to protect their users.
While it may not be necessary because of your bank’s procedures, the security of your data and funds is of high priority, so by using SiD Instant, you can put your mind at rest.
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SiD Instant has proven itself to the gambling communities in South Africa why they are the stand-out users to make your deposits at online casinos. Deposits are credited into your casino account instantly; withdrawals are back into your bank account within 72 hours, and SiD Instant does not charge users any fees for making these transactions.
In addition, gamblers can get the most out of their deposit by claiming special casino bonuses, which may be available on these deposits.
SiD Instant does not impose any limits when using online casinos, meaning that users have full control over their spending. On top of this, you do not need to create any accounts with SiD Instant or disclose any financial details, which provides an added level of security.
More banks and casinos are partnering with SiD Instant EFT, which only provides more reasons for South African residents to gravitate towards this payment method.
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SiD Instant EFT is not a bank and is just a go-between for banks and casinos and, as such, have no need to hold a banking license.
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Haven’t you found what you’re looking for yet? Then, check out our answers to the frequently asked questions about SiD Instant casinos below.
Can I use SiD Instant EFT at online casinos?
Yes, many online casinos accept SiD Instant EFT for deposits and withdrawals. Some of the very best SiD Instant casino sites are listed on this page.
Is SiD Instant EFT free to use to gamble?
SiD Instant does not charge any fees to its users to deposit or withdraw from casino sites.
Which countries accept SiD Instant EFT?
This payment method is only available to residents in South Africa with a valid online banking system.
Reviewed by Julia Attard
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