Although some bingo sites offer introductory bonuses, whereby they credit your account with several pounds for you to play with before you commit your own money, the majority of online bingo sites require you to deposit funds into your registered account before you can play.
To make a deposit you will firstly be required to register your details with the bingo site. Following this you are likely to be directed to a secure banking area where you will be asked to select your method of payment and enter your payment details. Funds will be credited to your online bingo account as soon as they have been verified by your bank or building society. It is advisable to print the confirmation page which appears after you have made a deposit as this acts as a receipt.
The majority of bingo sites are able to accept most payment types including debit cards, credit cards and Neteller, an online money transfer system. There are often limits on the amount you are able to deposit, most sites place at least a £10 minimum on deposits and most will have a maximum deposit amount in place to help promote responsible playing. For security purposes most sites will only allow deposits to be made by credit or debit cards registered to the same address as the bingo account holder.
Most online bingo sites also place minimum withdrawal amounts on user accounts (often £10) and may also charge an administration fee on withdrawals below a certain amount. It is usual for withdrawal payments to be refunded by the same method as the deposit was made i.e. if Neteller was used for payment, withdrawn funds will be transferred back into this account. The only exception to this applies to some credit cards which do not allow refunds from certain sites to be credited, in this case if is customary for a cheque to be sent. Additionally, some sites will place a limit on the maximum amount which can be withdrawn in one go.
Before depositing money into an online bingo account, it is advisable to read the terms and conditions associated with banking on the site to make sure you are happy with the sites policies relating to deposits and withdrawals. Additionally, you should print copies of any web pages confirming transactions (whether deposits or withdrawals) you have made and keep these for your own records.