Banco Itaú
Itaú is a bank that was born out of Brazil that now operates across a number of countries around South America, such as Argentina, Chile, Colombia, Paraguay and Uruguay. This banking provider offers a number of banking services, including intuitive mobile banking. The bank formed in 2008 when Banco Itaú and Unibanco joined forces to create the biggest private sector bank in Brazil. Headquartered in São Paulo, the banking service has grown across the continent and is widely available for online payments, including casino deposits and withdrawals.
Casinos with Banco Itaú
- Banco Itaú
Casino | Rating | Visit | Review | |
---|---|---|---|---|
22BET Casino | 88% | 22BET Casino Review | ✖ | |
CampoBet | 87% | CampoBet Review | ✖ | |
TipBet Casino | 86% | TipBet Casino Review | ✖ |
Overview
Banco Itaú is very much notable for retail banking services and can therefore facilitate payments for players who like to play Brazilian online gambling sites. The bank operates as a traditional bank where you have the option of making payments through debit/credit card or bank transfers. Banco Itaú is widely trusted in Brazil and is making its way onto more and more online casinos that operate in the huge gaming market that is Brazil. Banco Itaú bank transfers are a safe and convenient way to make deposits to your preferred online casino operator.
Bonus
Players can still take advantage of bonus offers when making deposits using Banco Itaú to fund the account. The bonus offers span across deposit match bonuses, free spins, cashback offers and more. You can also claim an enticing first deposit offer to get you started at a new online casino. Always be sure to check the terms and conditions of any casino bonus you claim. You should also double-check if there are any excluded banking methods as some online casinos will restrict certain deposit methods from claiming deposits. This is because these payment methods usually come with additional transaction fees but Banco Itaú is not one of them. Making a Banco Itaú bank transfer deposit is a different process to the instant card deposits, so your deposit bonus will not be credited until the money has landed in your account and this can take a couple of hours for Banco Itaú bank transfers.
Advantages
Making a deposit using Banco Itaú has its perks. The popular bank offers many services and has an excellent reputation when it comes to security and convenience. Let’s take a look at some of the other advantages of using Banco Itaú to make casino deposits.
Security: This payment option offers excellent levels of security. Making a Banco Itaú transfer doesn’t require you to put in your card number and other sensitive details, preventing any risk of data compromise.
Low fees: This is a cheap payment method to use as there is no third-party gateway. The money moves directly from the customer’s account to the merchant’s account and therefore, no processing fees are added by the banking service.
Excellent security: Banco Itaú has grown into a banking powerhouse in Brazil thanks to its excellent security measures and state-of-the-art transactional protection.
Mobile app: The Banco Itaú mobile app provides all the features and functions that the website does, allowing you to maintain full control of your money and payments while you are out and about.
Disadvantages
As with any banking system, there are some things that can be deemed as disadvantages. Although the good outweighs the bad, let’s take a look at some of the drawbacks to making deposits using Banco Itaú.
Not instant: Making a bank transfer through Banco Itaú is not an instant process. It requires the payments team on the casino’s side to confirm that the payment has arrived and then it is processed into your real money balance, this process can take a few hours.
Higher deposit minimums: As there is a little extra work in process deposits by Banco Itaú bank transfer, the online casino may require a larger deposit amount to be made for the payment to be accepted.
Fees
Moving money into your real money casino balance via Banco Itaú is cheap and therefore, the bank itself does not add any fees to the transaction. If any fees are placed on the transaction, then this will be through the online casino and could be because there is a little more work on the side of the casino in accepting the Banco Itaú transfer. Additionally, some online casinos will add fees to each deposit and withdrawal regardless of the payment method. It’s always worth seeing if a casino adds a small fee to the transaction. You can do this by consulting the FAQs or hitting up the support team.
Creating an Account
If you are a resident of Brazil or one of the other countries that offer this banking service, you can set up an account in no time. The easiest way to sign up and become a Banco Itaú customer is through their official website where you can select from a number of banking services. If you are based in Brazil, you could visit a nearby banking branch and open an account in-store. Getting set up with an account is a breeze and only takes a few minutes. You will need to provide some personal details and confirm your identity before your account is confirmed.
Funding your Account
Loading your Banco Itaú account with funds is another easy task. In most cases, this would likely be your main bank account so your salary may be sent to the account. You can also add funds to the account by making a payment transfer from one of your other banking services. If you live in Brazil, you also have the option to add cash to the account through one of the Banco Itaú banking branches.
Depositing
Moving money into your online casino balance is a little different through Banco Itaú transfer than it would be using a standard banking card. The process is still very easy but may take longer for the money to move. Let’s take a look at the Banco Itaú deposit process.
- Choose a Banco Itaú Transfer as your payment option.
- Enter the amount of your deposit.
- Take down the casino’s bank details and transfer the total amount to the account.
- The money will take up to 24 hours to move into your real money balance.
- Once the funds display in your casino balance you can start enjoying the games!
Withdrawing
The Banco Itaú payment service allows withdrawals so you can easily send your winnings back to the account. However, withdrawals will take longer than deposits, withdrawal times can take up to 7 days.
- Head over to the casino cashier
- Choose the Banco Itaú Transfer withdrawal option
- Enter the amount you wish to withdraw and confirm
- The casino will then process the Banco Itaú Transfer transaction
- The transaction can take up to 7 days for it to reach your bank account
Security
Banco Itaú offers outstanding safety when it comes to moving funds. The banking provider features the best security technology to protect customer data and to prevent any online payments from being compromised. Furthermore, using Banco Itaú to transfer funds means you do not need to input any bank card details to send a payment. Banco Itaú transfer provides a secure connection between the bank and the merchant.
Support
Banco Itaú has grown to be one of the biggest banking brands in South America thanks to their outstanding customer focus. This starts with the excellent support options, if you come across any issues you can contact the customer service team through email or phone. You can also connect with them on social media and ping over any questions you have. There is an FAQs section where you will find quick answers to the most general questions. What’s more, residents of Brazil can even pop into their local banking branch and ask a question to a member of staff.
Availability
Banco Itaú has over 4800 branches around Brazil with around 20% of the population using the banking service. They have done a lot of marketing and sponsorship around sporting events to appeal to new customers. Banco Itaú is widely available online and the mobile banking app provides effortless on-the-go banking to its users. There are many top online casinos that host Banco Itaú as a payment option and that number is swiftly growing.
FAQ
Can I make withdrawals using Banco Itaú?
Yes, you can send money back to your Banco Itaú account. Withdrawals are usually sent back in a matter of days.
Are there fees involved with Banco Itaú?
No, there are usually no fees for making payments using this method. However, some casinos add fees to the payment option.
What is the best Banco Itaú casino?
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Which online casinos accept Banco Itaú?
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