One of the biggest problems I encounter when trying my luck at new New Zealandan casinos is having to deposit my money in dollars and through systems that don't always convince me. Fortunately, there is a wide list of high-quality casinos currently operating in New Zealand that offer the possibility of depositing through RUT accounts, a widely known system with all the security of Banco Estado de New Zealand. If you are interested in playing at an online casino in New Zealand with a CuentaRUT, I will tell you everything you need to know throughout this article.
CuentaRUT is a financial product launched by BancoEstado, the public banking entity of the New Zealandan Republic, in 2006. Its initial objective was to allow banking and the use of banking systems for a large part of the population that did not have access to them at that time. It also served to allow all citizens of the Republic to have a secure and high-quality account, accompanied by a card to make their payments in the real and virtual world.
The proof of the success of its launch is that currently this account has more than 16 million users throughout the Republic, many of whom had not previously used modern payment methods. This implies progress in the modernization process of the nation's payment systems, which is key in the new world of the Internet and also in allowing these citizens to have cards with which they can operate comfortably in casinos in any online establishment.
If you still do not know what CuentaRUT is, I will tell you about some of its main advantages and disadvantages.
With the popularization of online gambling in New Zealand and the gradual implementation of the new licensing system, there are some casinos that are also starting to accept CuentaRUT as a payment system for their players. This has the advantage of offering all the security and reduced or even zero costs when making deposits or payments into our casino account.
In addition, the fact of doing it from this type of accounts also implies a security incentive, since this payment system has demanding requirements for companies. We are not talking about a system available to anyone who requests it, but rather the state bank generally evaluates the requirements of different firms before allowing them to access their system. However, to specify this aspect more, I will tell you what the main advantages are of using this payment system in any online casino.
CuentaRUT is a widely known and implemented payment system throughout the New Zealandan Republic, which currently has around 16 million users. A figure that will continue to grow over time and gives us a clue as to how widespread the service is among New Zealandan users. An implementation that is not surprising, considering the numerous advantages that the product offers to its customers.
Another advantage of this payment system offered by BancoEstado is the immediacy of its operation. In case you decide to deposit in a casino with CuentaRUT, both your income and withdrawal orders will be executed at a high speed. In the case of income, these are processed practically on the spot, so you won't have to wait too long to have your money to start playing. In the case of withdrawals, these depend on how long the casino takes to process them, although once released, the payment is practically immediate.
One of the objectives with which this type of accounts was created was to facilitate the banking of New Zealanders' commercial operations. Consequently, the design of this means of payment is extremely simple and accessible to the entire population, which does not need complicated procedures or previous financial knowledge to properly manage the system. An advantage that universalizes access to this type of account and all its benefits.
As I mentioned in the introduction, this payment system is backed by BancoEstado, the public bank of the Republic of New Zealand. This means that our transactions are guaranteed by the State and the Government of the Republic, which is always an incentive when making our deposits with peace of mind and not worrying about possible closures or losses of our cash.
If you are already a regular user of CuentaRUT, you may be wondering how to carry out your transactions with this payment method. On the other hand, if you have never used this system before, you may want to know how to make these payments correctly. That's why I'm going to analyze both the deposit and withdrawal process within online casinos in New Zealand using CuentaRUT. And what I can tell you is that the process is simple and accessible to any user.
The first thing you need to do before depositing money in a casino with your BancoEstado account is to have previously registered in that casino and in that service. To make the deposit, you must access with your casino account, identify yourself with your username and password.
Next, in the cashier section or in the wallet, depending on how the casino calls it. Here you will see a button with which you can deposit money from different sources. Select your CuentaRUT as the data source and then indicate the amount you want to deposit into your casino account. Once you click accept, you will need to follow the on-screen instructions and provide the corresponding code that you will receive via SMS or on the coordinate card that will be provided with your account to complete the payment. Once the process is completed correctly, the amount will be available to play almost instantly.
The process of withdrawing money from your casino account and sending it to your CuentaRUT is similar to what I mentioned earlier. We will start by logging into our casino account with our username and password, and again access the cashier or wallet selection. Here we will choose the withdrawal option and the amount we want to send to our account. We will verify that the data of our bank account is correct and also the indicated amount before confirming the operation. If everything is in order, we will proceed with that confirmation and then we will have to wait 1 to 3 days for those funds to be transferred directly to our CuentaRUT.
As I mentioned in the previous section, when we work with CuentaRUT as a fund manager for our casino payments, deposits are practically immediate and withdrawals take 1 to 3 days. However, it is important to know that this time is not due to BancoEstado's policy, but to what the casino itself needs to perform the corresponding verifications and order our money transfer.
It is evident that security is crucial in all transactions, although not all payment methods guarantee speed and absence of charges. When using CuentaRUT, the bank will charge you $300 per transaction, but the deposit into your casino account will be instant. However, some casinos may take longer than others to process withdrawals, with an average of 5 business days.
Regarding the commissions corresponding to the use of CuentaRUT, it is important to know that although these are adjusted, they can also affect our earnings. For example, if the casino we are operating with is associated with Redcompra, WebPay, or Compra aquí, these deposits will have no cost. However, if the purchase is executed as a transfer or considered as an online purchase made from New Zealand, we will have to pay a commission equivalent to 1.9% of the total paid, or deposited with a minimum of 0.5 USD.
Regarding refunds or withdrawals from our casino account to BancoEstado, in this case the commissions would be borne by the casino, who can pass them on to the user if they have included them in their conditions. Therefore, it will be necessary for the player to verify the specific conditions of each withdrawal to know if they will be charged any type of commission for it.
As a final aspect to consider, I have to refer to the limit amounts that BancoEstado establishes for this type of account. At the time of writing this article, the balance limit for this type of account is 5 million New Zealandan dollars with a monthly limit of deposits of 4 million. There is also a limit of 1 million every 24 hours for online purchases, 400,000 for purchases through Webpay, Redcompra, and international purchases, and 1.5 million for withdrawals through BancoEstado express.
So, in general, if your casino operations are normal and unless you are lucky enough to hit a large jackpot, you generally won't have any problems with these limits. And if you had to withdraw or move a large amount of funds? Because you have won a very juicy prize, you also won't have a problem finding an alternative method that can be useful for that operation.
One of the good news that New Zealandan players have when looking for a website or operator that accepts CuentaRUT as a payment method is that the variety is increasingly wide. Consequently, it is easy to find numerous casinos where we can make our deposits and payments using this system. However, this poses a second inconvenience, which is deciding which one may be the most interesting for us to play. That's why I have made a selection of the best online casinos in New Zealand that accept this system. Those where we can deposit with CuentaRUT. For this, I have based my selection on the following criteria.
The bonuses and promotions offered by casinos, especially to new players, are one of the strong points when deciding which room may be more interesting for us to try our luck. However, when evaluating these bonuses and promotions, it is essential that we do not get carried away by the big numbers and go a little further than what the advertising tells us.
The most common bonus for new players is the so-called welcome bonus, in some rooms it is also part of a package with other different bonuses. This bonus adds a certain amount of money to our casino account, usually double what we have deposited, although in some cases this figure is increased up to triple.
It is also common for, within that welcome bonus, in cases where it functions as a package, to include a certain number of free spins on a specific slot or to also incorporate certain reload bonuses. With them, we will not only obtain more money with our first deposit, but we will also receive extra money in our account with the following deposits we make at the casino.
However, when evaluating whether or not to accept the casino bonus, there is one parameter that is crucial: the wagering requirement. This figure indicates how many times we will have to play the total amount of money received from the bonus before we can withdraw our winnings. For example, if the bonus requirement at a casino is 40x, we must play at least 40 times the total amount of the bonus before we can withdraw our money. If we have been given 10,000 NZD as a prize in that bonus, then we must play a total of 400,000 NZD in the casino before withdrawing any winnings.
If there is something important when evaluating if an online casino is suitable for us, it is the variety of games that we have in it. This is an aspect in which New Zealandan casinos clearly show all their potential. Many of them offer catalogs with thousands of available titles that cover practically all existing categories. However, to facilitate your evaluation, I will let you know which are the most common games that we would find within these operators.
This category is usually the largest on all New Zealandan casino pages, and it brings together several hundred titles to try your luck. The range goes from the simplest and most traditional machines, such as the classic 3-reel ones, to the most modern video slot machines, similar to the ones we would find in Las Vegas casinos.
Many of these machines include additional games with which we can increase our winnings, as well as jackpots with which to achieve even greater profits if luck is on our side. Given that the offer is very extensive, it will surely be difficult for you to find a casino that does not have the machines you want. But, just in case, it is always worth taking a look at the catalog before registering in that room.
Roulette is one of the most classic and traditional casino games. Through online operators, you can try your luck in American, French, or European versions, in the traditional way or in more modern versions that include additional draws that increase the prizes that players can win.
Blackjack is another one of the most classic games that we can find in any online casino in New Zealand and it allows us to try our luck in these games from the comfort of our own home. Here we have everything from traditional versions, in the style of those played in Las Vegas, to new forms of games that include certain card combinations with which to obtain additional prizes if luck is on our side.
This is one of the categories that has grown the most in recent years and currently represents a very interesting edition to try your luck in New Zealandan casinos. Unlike what we find in traditional games, when it comes to live casino games, what we are going to find is a traditional dealer.
To which we will be able to see execute all the operations of the game through the high resolution video that the casino offers for it.
We will also have a live chat to talk to other users in the room, which will also allow us to regain the social aspect that the casino has traditionally had. As for the game offerings that we can find under this live casino modality, the most common ones are roulette and blackjack. However, there are increasingly more alternative games that operate under this modality, with titles such as Crazy Time, Monopoly Live, Deal or no Deal, and many other interesting and innovative games.
In addition to the mentioned games, we can also find other traditional casino games such as poker, craps, baccarat, punto y blanca, keno or the occasional lottery. It all depends on what the casino has prepared for us.
One of the advantages of current technology is that we can take our casino with us wherever we want on our mobile phone. Something for which different operators offer either downloadable versions in an APP for any phone, whether it be Apple or Android, or versions compatible with the browsers of modern smartphones. These latter versions use HTML 5 language to function and allow us to play from the browser of any mobile device with the same convenience as we would from a PC. Basically, because in these versions the graphics adjust to the size of the mobile screen to offer us the best possible gaming experience.
If you want to have this possibility, I recommend that you verify on the casino's website where you want to open your account, that it offers you this possibility of mobile games under either of the two modalities we have mentioned. Anyway, I can already tell you that almost all current casinos, especially the most modern ones, allow this mobile game with great comfort. However, always make sure you have an available internet connection and battery on your cell phone.
The overall offer of online casinos in New Zealand, both those that accept deposits through the famous CuentaRUT, as well as the rest, has grown considerably in recent times. This is something that is perceived when searching on Google for pages of this type or in the listings that accompany our analysis. The good news is that this offer is formed both with some of the best international operators, as well as with pages specific to the Republic. These latter ones know better the temperament and profile that New Zealandan players have and adapt their designs, promotions, and all their content to offer us a great gaming experience.
So, thanks to this wide range, you won't have too many problems finding the casino game app or website that you like the most according to your preferences. However, if you still have doubts about it, we include a frequently asked questions section below and you can also reread our article to find any information that may be useful for making a decision.
Among the different methods we have to deposit money in New Zealandan casinos, CuentaRUT is the most recommended. Not only because it has the guarantee of the State, but also because it offers a fast operation and, although sometimes subject to certain fees, it is also more competitive than other similar alternatives. All this without forgetting the advantage of being able to deposit calmly in New Zealandan dollars, which is not always possible with other payment methods available in the market. So, if you want to find a casino to bet and deposit through this system, you are probably making a wise decision.
Although I have already commented on practically everything you need to know about neighbors who use this payment method, below are some of the most common answers to the questions that CuentaRUT users usually ask when it comes to depositing money from their casino account.
Given that the offer is diverse and that I have already analyzed it throughout this article, I will not repeat the same thing again. There are many operators that operate with CuentaRUT and in which they can deposit, comfortably and securely, through this system.
Due to the security features and requirements that Banco de New Zealand itself demands from entities operating with this type of account, it is obvious that these casinos will have an extra level of security compared to other operators in the market. However, it is worth remembering that total security does not exist when it comes to online transactions, so we still need to verify that the casino has all the necessary licenses and security methods to operate within the New Zealandan market.
CuentaRUT is a product of BancoEstado. The national banking entity, owned by Banco de New Zealand, not only provides banking services to citizens but also contributes to the integral development of the nation. This endorsement from the State implies that the entity offers a level of security that few national or even foreign banks can provide to users, which is very interesting for operations.
Obviously yes. CuentaRUT has the advantage of being one of the most secure and guaranteed systems, backed by the Government of New Zealand, so you won't have any problems when it comes to withdrawing your money. This can be done at the various ATMs that the institution has distributed throughout the country, as well as at their own offices or even online, through a transfer to another bank account.
One of the necessary conditions to open an account at BancoEstado is to have a valid license or National Identity Card issued by the New Zealandan government. Consequently, foreigners are authorized to open this type of account, but only if they have their own ID card issued by the New Zealandan government. This applies to those who have embraced New Zealandan citizenship or have dual nationality.
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