Depositing Directly In NZD
Most online casinos use USD or EUR as their base currency. However, many of them also allow deposits in other currencies such as NZD, AUD, CAD or GBP. This is great news for New Zealand citizens, as avoiding conversions can make things much easier to manage as well as allow you to avoid the annoying conversion fees every time you wish to deposit or withdraw money.
Monetary deposits into the online casinos that do allow NZD banking are as simple as the USD ones. You can use most payment methods you normally would to transfer NZD into and out of your account and there are no restrictions in that sense at most casinos.
Depositing NZD With Conversion
The one thing many New Zealand casino players will be confused with is the $ sign they see in the online casino cashiers. While we may be used to using $ as a symbol for NZD, when you see $ in an online casino this is in most cases a symbol for the United States Dollar (USD) which currently carries a higher value than NZD.
This gets many players confused, as they make $ deposits and realize they have deposited more than they wanted to. If the casino does not operate with NZD specifically, you will need to convert the money, which the casino will gladly do for you, with a conversion fee involved in most cases.
Keep in mind that the conversion fee is not charged by the casino, but by the various banking institutions and you will usually receive slightly less money when you have to convert it than you would if you deposited NZD directly.
Depositing Via POLi
POLi is one of the most popular payment methods in New Zealand. Every holder of a bank account in the country can use POLi to transfer money around the internet and the system is very useful for those people who wish to keep their banking information private.
Owners of a POLi account can link a number of their bank accounts to their POLi account and use this to make NZD deposits into various online gambling websites or for simple online purchases. If you prefer to stay as anonymous as possible when gambling online, POLi is a great system to do it.
Are NZD Casinos Safe?
The number of online casinos that accept NZD deposits has increased dramatically. This means that both the safe and secure and the less safe casinos are adopting the currency as one of their possible deposit options, but the reality is that most online casinos, including the NZD casinos are pretty safe.
When it comes to safety, the fact a casino operates with NZD is absolutely no indication of a casino being or not being safe at all. Generally, you should not worry about the NZD deposits representing any kind of a safety risk.
What Currency Should I Deposit In?
If you are a New Zealand player, making deposits in NZD carries multiple benefits. For starters you can be sure that you will not be paying any type of conversion fees with NZD deposits which saves you a few dollars here and there.
More importantly, when you deposit and play in your local currency, you will know exactly where your bankroll is without having to constantly do any type of conversions in your head. This is a useful tool when gambling, as losing track is a very simple thing to do.
Choose Your NZD Casino Today
With so many online casinos available today, picking the right one to play on can be a bit of a challenge. If you are a player from New Zealand, playing in a casino that allows NZD deposits can give you quite an advantage for all the reasons we have already listed.
If you are looking for a solid NZD casino to play at, feel free to check out our casinos list and pick the best NZD casino for you based on the various criteria you would normally use. Remember that NZD casinos commonly accept POLi payments as well which will allow you to make deposits directly from your NZ bank account without having to share your banking information with anyone at all.