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
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Online Casinos Accepting SID Instant EFT
We look at our top recommended sites that use SID Instant EFT.
Punt Casino
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
Yebo Casino only accepts deposits from SID. You need to deposit a minimum of R25, and it will reflect instantly.
Springbok Casino
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.
Thunderbolt Casino
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.
Deposits
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.
Withdrawals
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
For more on South African casino banking methods, read our comprehensive guide.