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Will the deposit be rejected in this case? Or will it take place, but will I be charged currency conversion fees?
Thank you for your answer.
What happens if I try to deposit money into a casino in a currency that is not supported?
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πριν από 3 έτη
To be honest, many things can happen. The deposit can be declined, the deposit can go through, but you casino balance will remain the same, if it's a cryptocurrency, the deposit will most probably be lost.
To sum it up, it's not a good idea to send money in a currency that the casino doesn't accept. But in case you have your account let's say in CZK and you click in the casino on an option that you wish to deposit 10 EUR using your card, then it should work. Your bank will count how much is 10 EUR according to their exchange rate, they deduct the money in CZK, but they'll send 10 EUR to the casino.
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Good day,
thank you for answer. Don't worry, I read it much earlier. But only now did I come up with one question ...
If the online casino only accepts euros and I deposit money into the casino from an account that is maintained in Czech crowns, the required amount will be entered into the casino, but I will be deducted more money from the account (due to transfer fees).
On the contrary, when the casino accepts Czech crowns, the required amount will reach the online casino again, but this time no more money will be deducted from my account: only as much as I sent to the casino will be deducted. Because there are no transaction fees.
Do I understand that correctly?
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Can you please tell me when the deposit will be declined? As far as I know, the casino simply will not allow players to deposit money in their "home" currency if it does not support it. In such a case, the above-mentioned situation (transfer and transfer fees) will occur. (If I understand it well.)
Thank you very much for your answer
πριν από 3 έτη
If theyr curency is în €, and u have other curency în your country, most of The online casino Will Tell u The exact amount that Will be converted, s-o u Will now if u exceed your added cash from your bank account or nőt. Take for example The partypoker.com casino, they have this option to see exactly what u convert. But not áll The casino have this, s-o be aware, as every casinos have theyr own Exchange rate
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Sometimes there are no transaction fees so when the casino uses EUR only, but you deposit from a CZK account, your bank is going to convert the money according to their exchange rates and deduct it from your account. It really depends on the bank, but whenever I paid in EUR using CZK account, I never paid any fees.
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I never experienced a case when the deposit would be declined so it's hard to say. But I know that for example players from Southern America sometimes have these kinds of issues.
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