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BCI (Banco de Crédito e Inversiones) has served the Chilean populace for over eight decades. As online casinos become popular in the region, they are also becoming a trusted method for deposits and withdrawals among local players. One thing BCI has been doing so well is building products tailored to the Chilean market based on an understanding of the region’s unique banking needs.

If you’re in Chile and seeking a trusted casino payment option, this article is for you. Read this full guide to learn how you can use BCI for your online casino transactions. We’ve covered the bank’s history, services, and how you can use it at your selected online casino.

About BCI

BCI is one of the leading banks in Chile, and its history starts with its incorporation in 1937 as a private institution. It began as the brainchild of Juan Yarur Lolas and has morphed into a key player in the country’s banking space since then. BCI now serves both individuals and businesses in Chile and other parts of the world.

The bank considers its over 80 years of experience to be one of the reasons for its huge success. It has evolved with the banking industry from the days when customer details were kept in files to the current day when everything is digital. It now serves over 2 million customers in Chile and other places around the world.

Opening a BCI Account

If you prefer to open a BCI account on the internet, go to the BCI website and click on the “Open Account” tab. The guidelines show you how to add your personal information, like your name, date of birth, and contact details. Other documents to be submitted for verification purposes include a copy of your identification cards.

Alternatively, you can go to a BCI office in person or give a representative a phone call to let them guide you through the process of creating the account. They offer consultations so that you can choose whatever method suits you best, and experts will be at your service and available to answer any questions you may have.

How to Deposit at Online Casinos with BCI

First of all, you need to find an online casino with BCI banking support. If you’ve already found one and joined, sign in to your account and move on to the banking section. Make a deposit by following these steps:

● Find BCI from the deposit options.
● Indicate the amount you want to deposit.
● Type in details about your banking method in the fields provided.
● Complete your deposit and wait for your bankroll to be topped up.

Carefully check and certify that all details are correct before proceeding to the next stage. Additionally, depending on the specific casino, you may need to approve the transaction through your BCI OTP or mobile banking app for added security.

How to Withdraw from Online Casinos with BCI

Casinos that support BCI payments will most likely let you use it as a withdrawal method. The process of cashing out with BCI is similar to making a deposit. These are the steps to follow:

● Go to the banking section and click on withdrawal.
● Check if BCI is listed and click on it.
● Type in the amount you want to withdraw and provide your banking details.
● Complete the transaction.

Withdrawals are not processed immediately after you initiate them. This is the standard procedure at most casinos, but the pending period takes 24 to 48 hours for some operators. After the processing time, it may take an additional two to three business days for the funds to be available to you. Things like the amount you are trying to withdraw may contribute to how long it takes to process your withdrawal.

To save time and prevent a longer wait, make sure you’ve completed the KYC procedure before your first withdrawal. The casino will only request some personal information and means of identification to confirm that you’re genuine.

There are terms and conditions like rollover requirements attached to bonuses. If you’ve claimed any offer, make sure to fulfil the rollover before trying to make a withdrawal.

Transfer Times, Fees, and Security

As with most traditional banking methods, withdrawals with BCI take some time. However, making deposits is a breeze. Once you put in the amount you want to top up with and complete the process, the funds become available to you.

However, the withdrawal wait time is not solely dependent on BCI. Since each operator has different policies, you’ll need to read through their terms to know how long it takes them to process withdrawals.

In terms of charges, BCI generally doesn’t apply any fees for online casino deposits or withdrawals. On the other hand, it is still advisable to find out first from the online casino and the bank if there are any fees and charges you might need to pay.

Security is of uttermost importance to BCI and credible online casinos. BCI applies advanced cryptography, secure protocols, and other high-end security defences to safeguard your identity and money. In addition to that license and oversight by a trustworthy authority, casinos provide a top level of security with strict protocols to protect your data and transactions.

For security to be even better, strong and unique passwords can be used for both casino and BCI accounts. You may also want to consider two-factor authentication (2FA) to prevent unauthorized access to the user’s information. Besides that, pay special attention to phishing ploys and never share your login details or personal information with someone you don’t trust.