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Open Banking

iDEAL

iDEAL facilitates direct online bank transfers in the Netherlands.

Deposit speed
Hours
Withdrawal speed
Hours
Deposit fee
Varies
KYC required
Yes
Anonymity
Low

About iDEAL

Founded in 2005, iDEAL is a payment system based in Amsterdam, Netherlands, and operated by Currence iDEAL B.V. It allows users to make online payments directly from their bank accounts using internet banking, streamlining the payment process for various transactions such as online shopping and bill payments. Although there is no dedicated mobile application, users can access all iDEAL functionalities through their banking apps on both iOS and Android devices, making it convenient for everyday transactions.

Pros

  • Direct bank transfers without the need for a separate app.
  • Widely accepted for various online transactions in the Netherlands.

Cons

  • Only available for users with Dutch bank accounts.
  • Deposit fees may vary, which could affect transaction costs.

How to deposit with iDEAL

  1. Log in to your online banking account.

  2. Select iDEAL as your payment method.

  3. Choose your bank from the list provided.

  4. Confirm the payment to complete the transaction.

Frequently Asked Questions

What types of transactions can I use iDEAL for?

iDEAL can be used for online purchases, bill payments, taxes, donations, and other online transactions.

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Fees, limits and availability vary by casino and jurisdiction. Always check the cashier terms at your operator before depositing.

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