SiD Instant EFT casinos are exclusive to South Africa only. This is because this is a South African wholly-owned payment method. When you make a deposit using SiD Instant EFT at online casinos for real money for South Africa, the funds move directly from your bank to your casino account.
The exciting news here is that you are not going be charged any fees for all gambling transactions that you make using SiD Instant EFT. In addition, the is no need to use a bank card, or any other payment service when using SiD Instant EFT.
About SiD Instant EFT Banking Method
SiD Instant EFT was established back in 2007 and is owned and managed by a company called Setcom (Pty) Ltd. As mentioned above, this is a proudly South African company, allowing locals to transact in local currency. The payment system was introduced in order to enable gamblers to make transactions at gambling sites quite easily.
The banking method offers convenience and safety to punters in SA. SiD Instant EFT has been in operation for over a decade now and has proven to be a force to reckon with. Because of its excellent reputation, it has managed to partner with a lot of local banks, so as to offer electronic fund transfer services to iGamers. Below are some of the banks that the payment option has partnered with:
- Nedbank
- ABSA
- First National Bank
- Standard Bank
South African Casinos Accepting SiD Instant EFT
There are many online casinos in South Africa that accept SiD Instant EFT. That means you will be able to use this payment system quite easily. You only will have to make sure that you choose a legit SA online casino.
Signing up at a SiD Instant EFT online casinos assures you some massive promotional offers and you can start with amazing no deposit bonuses before moving on to using the SiD Instant EFT deposits. Furthermore, you will get to play some of the most exciting casino games. We have compiled a list of our recommended SiD Instant EFT casinos. Make sure you read our casino reviews and choose any one of those casinos for an excellent gaming experience.
Best SiD Instant EFT Casinos - December 2024
Transacting at SiD Instant EFT Casinos
Making transactions at casinos that accept SiD Instant EFT is very easy. We urge you to simply follow the steps below in order to get started.
Making Deposits at Casinos Using SiD Instant EFT
- The first thing that you must do is make sure that you have an active account with any of the supported banks.
- Next, make sure that you choose SiD Instant EFT as your preferred mode of payment.
- You must then select your bank from the list of banks that appears.
- At this point, your casino will require you to enter the amount that you want to deposit, as well as a one-time-pin (OTP) that your bank will send to you via text message. This is done to confirm your identity.
- The deposit appears on your gaming account in no time, so you can start enjoying your favourite online slots or other casino games.
Unfortunately, at the moment, you cannot use SiD Instant EFT for withdrawals.
Advantages of Using SiD Instant EFT at Casinos in Mzansi
SiD Instant EFT is one of the safest methods that you can use for payments at gambling sites. Below, we list just a few of the numerous advantages of using this payment option.
Security
SID makes use of some high-end security systems in order to ensure that your banking information is not accessible. As an added layer of security, the banking method does not store any of your personal, or banking, information.
Speed
As soon as you confirm a deposit, you will be able to see your funds in your account instantly. That means there are no waiting periods at all.
Multi-Platform
SiD Instant EFT is compatible with most devices. That means you will also be able to transact using this method on mobile devices to play mobile casinos as well, regardless of the operating system, or the software version.
No Credit Card Required
There is no need to carry a card around when you use SID. This is because you will only need to enter your information when you transact. As a result, this is a secure method for payments.
No Registration Necessary
There is no registration or approval process necessary. This is because you simply pay directly from your online banking service.
Low Fees
Typically, online casinos will not charge you a fee for all your transactions. However, some banks will charge you a small processing fee. Just make sure you find this information out before you transact.
Currencies
Players are able to transact in Rands. This means there are no currency conversion fees charged as you will be transacting in ZAR. This brings about a lot of conveniences.
