Created specifically for the South African market, Secure Instant Deposit Instant Electronic Funds Transfer, or SID Instant EFT, is a firm favourite for processing payments. It was created for those without a credit card but can also be used by those who do. All the major banks in South Africa support it, so you know it’s a legitimate payment processor.
It doesn’t require opening an account with them since funds come from your bank account. How SID Instant EFT work is it facilitates the EFT using existing online banking services to your casino account. Your bank will send you a one-time PIN that is used only for that one transaction. This means your banking information is kept private from online casinos.
Top South African Casinos Accepting SID Instant EFT
We look at our top recommended sites that use SID Instant EFT.
Deposits reflect instantly in your casino. There is a minimum deposit of R25. Withdrawals have a minimum limit of R500 and take between 48 hours and 72 hours to reflect in your bank account.
Yebo Casino only accepts deposits from SID. You need to deposit a minimum of R25, and it will reflect instantly.
There isn’t a cap on withdrawals, but deposits need to be R25 and above. Deposits are instant, and withdrawals take up to 3 days to reflect in your bank account.
Deposits are instant and capped at a minimum of R25. Withdrawals must be R1 500 or more and will take up to three days to reflect.
Making Deposits and Withdrawals with SID Instant EFT
Making deposits and withdrawals with SID is simple.
Since there is no separate account when, it’s a bit different from other banking methods. In the cashier section go to the deposit tab. Here, choose SID Instant EFT and fill in the amount you want to deposit. You will then be taken to the SID website where you fill in your banking details and the one-time PIN sent to you by your bank.
In the cashier section after you’ve clicked on withdraw, select SID as your option. Follow the instructions and your winnings will be deposited into your bank account.
SID Instant EFT FAQs
Are my transactions safe and secure?
Having been around for more than ten years with a stellar reputation, SID is a safe and secure online banking method.
How does SID Instant EFT compare to other banking methods?
SID doesn’t require you to open an account with them. It just requires you to enter your banking details and one-time PIN from your bank. This makes sure the transaction has been approved by the bank.
Are there any fees with SID Instant EFT?
Online casinos don’t charge any additional fees. However, you may need to check on the SID Instant EFT website if your bank or other service providers charge a fee.
How long does it take to process deposits and withdrawals using SID Instant EFT?
On our recommended sites, the maximum time for withdrawals is 72 hours. Deposits reflect instantly.