It is, unfortunately, the case that Giropay is not available to UK online casino players because it is only affiliated with German and Austrian banks.
It works in a similar way to Interac in that this payment method works alongside a person's regular bank account.
Giropay is renowned for being a safe and secure payment method, so it is of little wonder why it is so popular with online casino players in Germany and Austria.
Another plus point about Giropay and one that is particularly attractive to people who use it is that there is no need to go to the trouble of opening a separate account.
As long as the person who is using it has a bank account with one of the banks which is affiliated with Giropay, they can use it straight away without having to jump through any hoops.
Top 3 recommended Giropay casinos
How to play casino games using Giropay
Register for a Giropay account
As long as you have a bank account with a bank which is affiliated with Giropay, you don’t need to open a Giropay account because it is automatically attached to your bank account.
Choose a casino from our recommended list and make a deposit
Choose a casino from our recommended list and make a deposit into your account using Giropay (obviously making sure that the casino accepts Giropay payments).
Grab a bonus and play
There will probably be a welcome bonus on offer so make sure that you claim the bonus and start playing any casino game which takes your fancy (always remember to check the terms and conditions of the bonus first).
General Information About GiroPay Payment System
As already mentioned, players do need to have a bank account which is affiliated with Giropay in order to make online casino deposits but when you consider that there are over 1500 banks in Germany and Austria with an affiliation, you will no doubt agree that there is plenty of banks to choose from.
When a player makes a deposit into their casino account, they can choose their bank from the cashier page, and they will automatically be directed to Giropay where they will be invited to enter their bank details.
The only currency which can be deposited or withdrawn from a casino using Giropay is Euros which shouldn’t come as much of a surprise.
Fees and Commissions
Generally, there are no fees associated with Giropay casino transactions, but it is always a good idea to keep your eye out as it might be the case that a bank may add on associated fees.
If you are using one of the main banks in Germany or Austria there will definitely be no fees involved but smaller banks may add a transaction fee so as already mentioned, it is always good to check.
Deposit and Withdrawal Times
As with most online casino payment methods, deposits are instant so as soon as your deposit is approved by the bank and Giropay, it will be ready to use to play games in your online casino account.
When it comes withdrawal times, Giropay doesn’t process withdrawals, so it is a matter of withdrawing casino winnings back to your online bank account by means of a bank transfer.
There is nothing at wrong with this method of withdrawal, it is an extremely safe option but as you probably know by now, it is not exactly one of the quickest methods of withdrawal, taking up to five working days.
How to Deposit Money using Giropay
Time needed: 7 minutes
- Go to cashier
Open the cashier section on the casino website.
- Choose GiroPay
Choose Giropay and it will automatically connect with your bank.
- Select amount
If the amount is over 30 Euros, enter a Tan code.
Click on the submit button and the funds will be instantly credited to your casino account.
How to withdraw from a casino using Giropay
- STEP 1: Open up the cashier in your casino account.
- STEP 2: Click on the withdraw tab.
- STEP 3: Choose bank transfer as the preferred withdrawal method.
- STEP 4: Enter your bank details if you haven’t already.
- STEP 5: Click on the withdraw button.
Pros and Cons
- Affiliated with over 80% of the banks in Germany and Austria
- Seamless interaction with the banks means that deposits are very straightforward
- The latest SSL encryption means that casino deposits made using Giropay are extremely secure
- No requirement to open a Giropay account
- Only available in Germany and Austria due to the affiliation with the banks in those countries
- Possibly fees involved if you are using one of the non-affiliated banks
Final thoughts about using Giropay
There is no doubt that Giropay is a very effective method of making deposits into an online casino account, it is just a shame that it is only available in Germany and Austria.
An added level of security is always a very welcome extra with any kind of online transaction, not just with online casinos.
It is also a little disappointing that it is not possible to make a casino withdrawal using Giropay but that is not exactly a deal-breaker as it is not exactly a hardship having with withdrawing with a bank transfer.
Taking all things into consideration, Giropay is a great banking option to consider if you have access to it.
Frequently Asked Questions
No, only in Germany and Austria.
Not of you are using one of the banks which is affiliated with Giropay.
Yes, Giropay is widely considered to be one of the safest ways to make a deposit into an online casino.