20 Dec 2023SID Instant EFT is a money transfer system that is available for casino players especially those who do not have access to a credit card or who do not want to use one for casino transactions. This payment method will transfer money to and from the bank account through other banking services.
Worldwide Players accepted 
Licenced & Verified 
Expertly Reviewed 1  | MagicRed Review → | 200% up to R7,500 + 100 Free Spins |
| More about MagicRed Play now Worldwide Players accepted | ||||||||||||||||||||||||||||
| ||||||||||||||||||||||||||||||||
2  | FunCasino Review → | 100% up to R1234 |
| More about FunCasino Play now Worldwide Players accepted | ||||||||||||||||||||||||||||
| ||||||||||||||||||||||||||||||||
3  | Bitkingz Review → | Welcome Bonus 3 Bonuses up to €3,000 + 50 Free Spins |
| More about Bitkingz Play now Worldwide Players accepted | ||||||||||||||||||||||||||||
| ||||||||||||||||||||||||||||||||
SID is owned and managed by Setcom who have ample experience in the online payment world with its expertise focused on providing a secure and flexible payment experience.
The goal of SID was to provide players with a secure payment method that works well for real-time online payments. Their aim was to enable people to buy and sell wherever and whenever they want.
SID Instant EFT is supported by many casino sites in South Africa. The process of both depositing and withdrawing funds into the account is very simple and straightforward. Follow the 5 steps below.
Choose SID
Choose SID as your preferred payment option from the casino site.
Internet Banking
You will be directed to SID’s secure internet banking service.
Details
SID will fill up all required payment details.
Payment Confirmation
You will instantly receive a payment confirmation.
SID Instant EFT can be linked to one or more bank accounts in order to be able to fund it. When wanting to deposit into you casino account, the funds for the transaction will be automatically drawn from the bank account that you had specified. When using SID for the first time, you will be asked to run the SID application. From then on, you will be able to simply select SID when making a casino payment. The process is very efficient and seamless without the need to provide any personal or bank information. You will also find the funds credited directly into your account without having to provide a proof of payment.
Players can directly deposit their funds into the casino accounts via SID. In most cases you will not be asked to provide any information since SID automatically provides all required details.
Follow the 5 steps below to be able to deposit funds into your casino account:
After completed this process you will be automatically redirected to the casino site. Usually, the casino will instantly receive a confirmation of payment, therefore you will not need to provide a proof of payment.
To withdraw your winnings and bonuses, you will usually be required to wait two working days for the funds to appear in your bank account once the request is made. All casinos that support SID Instant EFT will provide the option to use the same payment method for withdrawing funds.
SID offers amongst the lowest transaction fees around as well as inexpensive fees for online transactions. Accounts are known to be priced at a reasonable amount per month as well as an initial setup fee. These depend according to your location around the world. The set-up fee is compulsory for the activation of the service. Moreover, there is a nominal 1.5% fee for every transaction. The monthly subscription fees will be billed in advanced, whereas the transaction fees are billed straight after the transaction takes place.
SID offers the same benefits as any other EFT. Players benefit from using an online banking system that they are familiar with that provides accurate and quick payments, as well as controlled spending that prevents users from accruing debt. Moreover, this is a great option for those players who do not have or do not wish to use a credit card. Apart from being a secured internet banking platform, it is also equipped with a track record. Since the very start in 2007, zero breaches were made, making it one of the most trusted payment methods around. This is why some of the best real money casinos offer SID Instant EFT for both deposits and withdrawals.
Unfortunately, SID Instant EFT is only available at online casinos in South Africa.
No complicated registration processes are required to use this method. You must simply have an account with on the supported banks prior to depositing.
Absolutely. SID uses advanced security features and it does not store any of your personal and bank information.
Contributor sarah@mrcasinova.com With years of experience in the gambling industry, Sarah is knowledgeable in the field of the casino world. She is responsible for most of the content that is written on MrCasinova and her main goal is to provide casino players with the best information and recommendations to help users enhance their experience. Recently, Sarah graduated with a Professional Diploma in Digital Marketing.
Receive latest offers, bonuses & much more in your inbox.
