Lobanet Withdrawal Casinos Method

Lobanet is an abbreviation and it stands for the Local Bank Network. This online payments system operates solely on the territory of South America, including countries like Brazil, Chile, Argentina, Ecuador. What makes this system especially helpful is the easiness with which you can operate any savings account no matter of the bank. Of course as it follows from the name this service is only applicable for those Latin American local banks.

When you want to make a deposit to the casino account that you use, you need to follow a guideline page with a few simple steps stated there. Firstly, you will be required to choose Lobanet amongst all the payment methods in the list of the cashier section. The next thing that they will require you to do is to enter the exact amount of money that you want to pay as well as your bank’s name, the institution where your account is held. You will also be given a beneficiary bank account number and their reference number.

Experienced users recommend making a printscreen, to make a photo or to write down this essential information, because on the next page you will need to type it in. The thing is that on the following stage you are being redirected to your bank homepage and you will lose this screen. On the bank homepage you will be required to enter the information that you have seen on the previous page.

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Betway Casino

T&C's Apply
100% Up To $/€1000
Established
2005
Software
Microgaming
Deposit Methods
AstroPay Card, Bank Wire Transfer, Boleto
Restricted Countries
Afghanistan, Angola, Australia, Belgium
Live Chat
Yes

Then you are all set, just press confirm and the money will drop to your casino account. The transaction, however, has to deal with real banks, and that is why it may take up some time. That is from a few minutes to a few business days. The minimum amount that you can deposit is 10 euros and the maximum is 10 000 euros per one transaction.

Likes and Dislikes of Lobanet

Being a relatively secure method of making deposits to any casino website, Lobanet also is a great solution for online payments in case you live in Latin America. They charge absolutely no commission for the incoming funds, whereas the commission fee for each payment is very small and you almost don’t notice it at all.

The transaction time is fairly short, that’s why you will be able to instantly top up your account and start to play. However, the processing also depends on each particular bank and your credit record. It means that the time by which the money will get to your gambling profile can sometimes increase up to a few days.

The other disadvantage of Lobanet is about it being only a payment solution. You can only make deposits with the help of this method. Nevertheless, for withdrawing your winnings you will have to pick up another method, which again requires assigning your bank account or a plastic card, waiting for confirmation, sending copies of your documents, which is a little bit of pain. Another possible option is to use an electronic wallet account which makes every transaction be of speed of the light.

Conclusion

If you want to make a quick and easy deposit in Latin America, Lobanet is a fairly good solution for you. It is fast to perform and safe, as long as it doesn’t require entering your personal information. It doesn’t charge you much commission fees and is able for use with many local banks. However, this is rather a one-time method for payment because you cannot claim for payouts with the help of this online system.