Cool Cat Casino’s primary target markets are the US and Canada. They do accept players coming from few other major markets, but they seem to put in a lot of effort of accommodate players coming from this region. At first glance the banking options may seem rather limited, but if you put some thought into it the provided payment methods are just what any player needs.
All transactions are processed only in USD. However, players have the opportunity to deposit in other currencies, but they will incur certain exchange fees. All withdrawals are also made in USD. Keep in mind that there will be a minor difference in the amount you’ve requested to withdraw from Cool Cat Casino and the amount you’ll actually receive due to the above mentioned exchange fees.
Deposits reflect instantly on the player’s cash account. US players can deposit using credit cards only including VISA and MasterCard or they can complete a deposit with VISA Electron. Players coming from Canada can deposit using the above mentioned payment methods and NETeller.
The information provided by the player and the bank or card information is kept safe with SSL encryption. That’s state of the art security system that keeps the players’ information from harm’s reach.
Note, Cool Cat Casino doesn’t provide financial information to no government whatsoever. It’s up to you if you want to report your winning to your respective tax authority. As far as Cool Cat Casino is concerned they do not report to any tax authority. That being said, the IRS will not know of your winnings at Cool Cat Casino.
In the past Cool Cat Casino was blacklisted due to extended withdrawal pending periods. Fortunately, they decided to do something about it. It’s still a sensitive issue, but the situation is way better than it used to be before. Upon requesting a withdrawal with one of the provided payment methods players must undergo verification or in other words a background check. Players are asked to provide photographic ID documents in the form or national ID card, driver’s license or passport. Furthermore if the player’s using a credit card a Credit Card Agreement Form must be signed. The player may be asked, but necessarily has to provide a proof of the country of residence with a utility etc.
The weekly withdrawal limit is set at $2,000. However, VIP members can withdraw larger amounts. This is just some of the benefits VIP players enjoy at Cool Cat Casino. Players can withdraw using bank wire transfer, bank checks and NETeller. Only three withdrawal payment methods and the players’ needs are still met.
The minimum withdrawal amount with a bank wire transfer is $200 whereas bank checks come with a $300 minimum withdrawal amount. All transaction fees are deducted from the player’s winnings.