Instadebit Casinos 2024 - Online Casinos that Accept Instadebit Deposits

What is InstaDebit?

InstaDebit is a bank-based payment service that acts as an intermediary between your bank account and an online casino. 

To use it, you need to register an account and have a Canadian bank account.

Payment method type	Open banking
Website	https://www.instadebit.com/
Available for deposits	Yes
Available for withdrawals	Yes
Country	Canada
Currencies	USD, CAD
Fees	Yes
Company headquarters	Toronto, Canada

How Does InstaDebit Function?

Let’s take a closer look at what InstaDebit entails.

InstaDebit Identity Verification

The registration process for InstaDebit requires you to verify your identity by providing your basic personal info, date of birth, and the last 4 digits of your SIN.

Fees

Using InstaDebit is usually free of charge, with a couple of exceptions:

• $2 CAD to send money from your InstaDebit account to your bank account
• $1.95 CAD to make a casino deposit directly from your bank account via InstaDebit
• Fee for insufficient fund transactions
• Currency exchange fees

How Fast Are Payments Processed

Deposits with this service are typically instant, whereas withdrawals to your InstaDebit account can take up to 48 hours. It depends on how fast an InstaDebit casino approves the transaction.

After that, it takes 1-5 days for your funds to go from your InstaDebit account to your bank account.

Safety

InstaDebit transactions use 128-bit encryption technology, and the service meets the information security criteria required by the American Institute of CPAs.

Is InstaDebit a Good Service For Casinos?

InstaDebit is a promising payment service whose renown in Canada speaks for itself. If you meet its requirements, I recommend you play in an InstaDebit casino.