Citadel, officially called Citadel Commerce Corp., is a wholly owned subsidiary of the publicly traded Canada based company Paramount Commerce, the same financial services providing platform that also owns InstaDebit. With offices on Malta, in Las Vegas and in the UK, Citadel is controlled and regulated by the UK Financial Conduct Authority and offers its services to customers in over 30 countries worldwide. Read all about this reputed payment method below.
Type of payment: Instant banking
Citadel, founded in 2000, is also known as ‘Instant Banking by Citadel’ which immediately reveals what kind of online payment system the provider offers. Citadel uses the own local (and trusted) internet banking environment of the customer by supporting the world’s biggest network of 200 banks divided over (at this moment of writing) more than 33 countries.
The customer has 3 options to choose from to make a payment by Citadel:
So in all cases the customer ends up using the own internet banking account and in all cases the bank transfers are carried out virtually instantly. The procedure to carry out a Citadel payment, after opting for the service on the payment page of a website of course, can be as simple as fulfilling the following steps:
There’s no need to subscribe to the service and neither any personal or financial data about the customer is stored by Citadel during the transactions, nor is any of such information revealed to the recipient of a payment. The service complies with the highest standards in terms of banking safety and security and offers its users complete anonymity.
Citadel doesn’t charge any service fees to its users, however, it’s possible the used bank charges the customer a fee for the internet bank transfer.
When Citadel Instant Banking is available in an online casino making a deposit is just a matter of minutes.
Choose for Citadel in the ‘Instant Banking’ submenu on the payment page of the casino. Follow the instructions, depending on which one of the three Citadel forms of payment procedure the casino uses (in some casino more than one procedure can be chosen). After finishing the required steps the deposit will be visible on the casino account within minutes and is ready to be played with.
Although it’s possible to make withdrawals with Citadel Instant Banking in an online casino it’s wise to consult the helpdesk of the casino where you want to use this banking option if cash outs really can be made using the method.
Withdrawals made with Citadel are typically non-instant and fees may be charged.
The most important advantages of Instant Banking by Citadel as an online casino banking option are:
The disadvantages of using Citadel as a banking method are:
If your internet banking is compatible with the Citadel Instant Banking payment method it might be worthwhile to consider the service as a preferred online casino payment method. In the list on this page you can find out which Netent Casinos offer this payment option.
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