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How to deposit with from India via Neteller?

Last Updated: Jun 20, 2017 06:13PM CEST


Depositing with RaceBets via NETELLER

RaceBets offer NETELLER payment facilities to Indian residents. Using NETELLER you can keep your betting transactions separate from your bank account. This means that no record of payments to (or from) RaceBets will be visible to anyone who has access to your bank statements or records.

Opening your Neteller account and deposit via credit/debit card
Click on this link for NETELLER and click the Join Now button. 

Use the Neteller user guide to set up your new account and to deposit funds for the first time using a credit or debit card. 

Funding your Neteller account without a credit/debit card

If you do not have a credit or debit card then please read the following steps which will explain to you how to deposit money into your Neteller account via your local bank.

1. Deposit funds via Bitcoin
Please refer to this link for more details:
2. Deposit funds via your local bank 

Simply take your funds to your local bank and instruct the cashier that you want to deposit into your NETELLER account.
Step 1: Initiating your Local Bank Deposit transaction
Before going to the bank to deposit the funds, you will need to notify NETELLER of the transaction. You can do this by initiating a Local Bank Deposit in your account.

Sign in to your NETELLER account and choose the Deposit tab.
Select - Make a deposit” beside the Local Bank option.
Step 2: Choosing your country, currency and amount
The ''Local Bank Transfer for India” deposit option only supports deposits in Indian Rupee (INR) from a bank in India so you must select the country India and the currency INR.
If your account currency is not INR, please enter the amount as if you were depositing in your wallet currency (e.g. 100 if your account is in Euros, rather than the INR amount) and NETELLER will convert the amount into INR. 

Step 3: Confirm your transaction
Verify the deposit details. If your account is in a currency other than INR, you will see the converted INR amount beside -Total deposit amount”.
Ensure you deposit this exact amount when you make your deposit to the designated NETELLER account.

Step 4: Complete the transaction
You will be displayed with details that you must make a note of or just simply print off to give to your local bank to complete the transaction.

The details will include:
1. Amount 
2. Reference number (which is your NETELLER Account ID number) 
3. Bank name 
4. Bank address 
5. Currency 
6. Beneficiary name (NETELLER) 
7. Beneficiary bank account number (NETELLER’s bank account number) 
8. Sort code 
9. Select “Close” to exit from this page 
10. Click on the “printer friendly version” link to print the page to take it to your local bank 
branch or keep it for your records. 

You are now ready to proceed to the next step: 

Depositing at a Bank

Deposit the funds or cheque at the bank counter. You will receive a stamped deposit slip. Scan or take a colour photo of the deposit slip and email it to:
If NETELLER do not receive the scanned deposit slip from you or the deposit slip is not stamped, they will not be able to credit the funds to your NETELLER account.
That's it. You're ready to go. All you need to do now is to login to RaceBets, click on the green DEPOSIT button.
On the right of the screen you will see the yellow button marked DEPOSIT that is next to the NETELLER logo. Click on that.
Enter your Neteller Account ID, your Secure ID and the amount you want to deposit. When you click the 'proceed' button we will fund your account using these details.
You are now free to bet on all of RaceBets' markets!
***Please note that Neteller may update their deposit criteria without any given notice. To stay up to date with their policies please check out the following link 


You should have no problem depositing funds and betting with RaceBets. Nor should you have any problems with making a withdrawal. You do not need to do either of these transactions from your own bank account and your bank account will not show any record of you making a deposit with us or any other company that accepts these payment methods. Your bank account will only show that you have transferred money to/from NETELLER.
Neteller is safe, secure and works very well. Many of our customers already use them, including those from India. Don’t forget that RaceBets offers betting on Indian horse racing on almost every day of the year. We also have comprehensive coverage of other Asian markets, including UAE (Dubai), Japan, Macau, Hong Kong, Singapore, etc. is the market leader in global racing. You can bet on races that are taking place all over the world, including those in the UK, Ireland, France, South Africa and USA.
If you need any further help, in making your deposit, do not hesitate to contact our friendly customer-support team. You can do this via email, or by using our live-chat window.
All the best from the RaceBets team and good luck with your bets!

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