Nordea is a bank that has operated since 1997 and its headquarters are in Helsinki, Finland. Merita Bank, Nordbanken, Unidanmark and Christiania Bank og Kreditkasse cooperate with Nordea. It has more than 9.3 million private and 530,000 active corporate users. As regards Nordea gambling sites in particular, they come with many benefits, like instant and safe deposits and the eligibility to claim a welcome bonus or any other offer.
The payment is mostly used in Scandinavia. High-security standards and low fees are its main perks. In the following Nordea review, you will be able to deeper understand how to gamble using Nordea and learn all its crucial aspects, such as:
- An up-to-date (2024) list of Nordea betting sites
- How to use it when betting online
- All the pros and cons
Best Betting Sites That Accept Nordea
Instant deposits and low fees are some of the main benefits when gambling on Nordea betting sites. Υou can check the top-rated bookmakers that offer Nordea as a payment method in the list below. So, go ahead and choose your favourite one.
Why should you bet on a Nordea bookmaker
A bettor has more than one reason to opt for wagering with Nordea. Instant deposits, low fees and secure & fast transactions are some of the benefits when gambling with Nordea.
✔ Instant deposits: It is important that the amount is available on your betting account straightforwardly when you deposit with Nordea. Every bettor wants to have available funds in no time and Nordea gives them that opportunity.
✔ Safe and Secure: Nordea ensures a high level of security to any transaction. Users can set a password to open the mobile app and ask for a pin code via an SMS to make a transfer.
✔ No need to create a Nordea account: It is not necessary to open an account. Players can just connect their bank account with Nordea and use their funds to deposit to a bookie.
✔ Mobile App: An easy to handle mobile app is important for any payment. Nordea provides one that is available for iOS and Android devices too.
✔ Nordea card: Every bettor that uses Nordea can hold a Nordea card. Most of them are powered by Mastercard, but users can also ask for a Visa. Credit and debit cards as well are available.
Drawbacks of betting with Nordea
Every payment option comes with pros and cons and so does Nordea. Withdrawal restrictions, limited availability at bookies and not allowing the use of cryptocurrency are some of the main ones.
❌ Not many Nordea bookmakers: Despite Nordea being a famous payment method in Northern Europe, not many bookies accept it. However, since the company grew rapidly, more betting sites will accept payments with it in the future.
❌ Not many countries are supported: For the time being, Nordea’s services are available only in 20 countries. Nonetheless, in Northern European countries, there are more than 1400 branches.
❌ Not cryptocurrency accepted: Nordea is connected with your bank account and gets funded from there. You are not able to connect your crypto wallet or transfer any crypto through Nordea.
❌ Not allowing withdrawals: It is the most significant drawback of the payment. Players can not proceed with a payout. Instead of this, they need to find an alternative method.
❌ Fund it only through a bank account: As we have already mentioned, you can only use your bank account to fund Nordea. You are not able to fund it via wallets or cards.
❌ Fees apply when using a Nordea card: Nordea card has a monthly charge of €3 and at the same time, there is a 2% conversion fee per international transaction.
Now that we have taken a closer look at all the pros and cons of gambling with Nordea, it is essential to see why it is legal and safe to use it and how to make your transactions fast.
Is betting with Nordea legal and safe?
Nordea is the largest financial group in the Nordic countries. The Nordea Bank Abp is authorised and supervised by the European Central Bank and the Finnish Financial Supervisory Authority. Also, branches in every country are supervised by the same Authority and the corresponding Financial Supervisory Authorities of their countries.
So gambling with Nordea is legal. In terms of safety, the company doesn't share any information with a third party and uses SSL encryption. Moreover, Netbank sessions are automatically closed when the user is inactive for more than 15 minutes.
To open the mobile app, a user needs to set a password and if someone fills in a wrong password five times, the app will be locked for 24 hours. Finally, before you make any transaction, you will receive an Access Code to your registered phone number through an SMS.
How to deposit on Nordea betting sites
Bettors that gamble with Nordea have two options. They can use their Nordea card to deposit. Almost any betting site accepts deposits and withdrawals with debit or credit cards. On the other hand, if a player doesn’t have a card, he can deposit through Nordea Netbank.
Bettors need to choose Nordea as a deposit option. After that, a secure page of Nordea will open and there they can fill in their online banking username and password and send the amount they want. Once again, users will receive a pin code to confirm the transaction on their registered phone number.
Can I withdraw from Nordea bookmakers?
Considering the biggest disadvantage of the payment, Nordea bookmakers don’t allow withdrawals. So, players need to find an alternative to proceed with a payout. Wallets like Skrill or Neteller could be a noteworthy solution. However, players should have made a deposit with the same method in the past so as to proceed.
In most cases, when you withdraw through a different method than the one that you deposit, you may be charged additional fees. Also, extra verification documents may be asked. However, a player who chose to deposit with a Nordea card can make a withdrawal to his card with absolutely no issue.
Fees and limits
Depositing on a Nordea bookie comes for free. However, when you make an international transfer there is a charge depending on your region. For Swedish players it will be SEK 30, for Norwegian NOK 60, and for Danish DKK 40. Finnish users will not pay any fees. As we have mentioned before, Nordea card has a monthly fee of €3 and there is a 2% conversion fee per international transaction.
Regarding limits, they vary depending on the bookie; but typically the minimum deposit limit is €10 and the minimum withdrawal one is €20 or currency equivalent. Moreover, users can set a monthly credit limit on their card and they can choose between €1,000 and €5,000.
Nordea supported countries
As we have already mentioned, Nordea operates in limited countries for the time being. Check the full list of available countries:
Austria, Belgium, Chile, China, Denmark, Estonia, France, Finland, Germany, Italy, Luxembourg, Norway, Poland, Portugal, Sweden, Singapore, Spain, Switzerland, United Kingdom, United States.
Since Nordea is very popular for betting transactions in Scandinavian countries, here you can find some detailes about each separately:
⏩ Best Betting Sites in Norway
Nordea USA
Lately, Nordea has started offering its services in the US, but not all products are available for US players. More specifically, if a US person (i.e. according to the company, a US person is defined as a natural person, residing in the United States and any entity organized or incorporated under the laws of the United States) wants to use the service, he needs to make clear that he comes from the USA.
Nordea compared to other payments
Indeed, Nordea betting sites are a notable and valuable option for bettors. However, it is essential to have an alternative. So, you can find out how Nordea matches up to other payment options below.
Nordea vs Trustly
Trustly is a classic example of an online open bank. It was launched in 2008 in Sweden. Trustly bookies allow instant transactions and betting with a local currency. Furthermore, many bookmakers in Europe accept it and players can transfer money to another player too.
On the other hand, opposed to Nordea, there is no dedicated app or a plastic card to use.
Nordea vs Euteller
Euteller is an online banking method that was created in 2007. It allows players to perform P2P transfers with the Siirto service and get Welcome Offers when depositing. The fact that bookmakers using Euteller can only be found in Finland is of its main shortcomings in comparison to Nordea.
Is it worth betting with Nordea
Nordea has been around for many years but only recently it became popular among gamblers in Scandinavia. Nordea bookmakers allow players to claim a welcome bonus and be eligible to participate in any promotion.
Still, the payment doesn’t operate in many countries and a limited number of betting sites accept it. In addition, withdrawal restrictions and the fees that apply when using your Nordea card may make some bettors think twice before gambling online with it.
To sum up, Nordea betting sites are a quality option for players. The fact that Nordea accepts transactions in multiple currencies and offers an easy to handle mobile app are benefits that are hard to pass.
However, limited availability on bookmakers and the fact that some sportsbooks don’t allow withdrawals with it are significant downsides. So, for professional gamblers I would recommend other online payments, such as Neteller or Skrill, to make the most of your gambling activity.
Complete list of Nordea bookies
Nordea betting sites don’t allow withdrawals. For most players, this is the most significant disadvantage. Bettors need to find an alternative to receive their winnings.
Yes, Nordea has an easy to use mobile app. Players can use it when on the road to deposit on their preferred Nordea bookmaker. It is available both for iOS and Android devices.
One of the most significant advantages is the fact that players don’t need to create an account. It is simple to use Nordea. All the players need to do is to connect their bank account with Nordea and they’re ready to go.
Nordea Solo is a payment method for Sweden offered by Nordea Bank and uses Nordea's Netbank. Nordea Solo online banking service is available to purchase products in the MMOGA online shop via Skrill.
No, you are not able to use your cryptocurrencies. Nordea is connected only with your bank account and this is the only way to fund it.