Knab Bank is an online banking service available to residents living in the Netherlands. As of 2021, the Netherlands officially became a regulated market for online gamblers, assisting with stricter measures for operators and making gambling safer, more secure, and easier to access for residents.
With this new regulation, it is even more critical for Dutch gamblers to find a safe and reliable payment method at their online casino. While there are many options available, Knab is paving the way to becoming one of the standout contestants.
Find out all about Knab and how it works on this page, and check out our list of the best Knab casino sites.
Online Casinos That Accept Knab
Story Behind Knab
Officially founded in 2012, Knab was initially funded by Aegon Bank, which became a 100% shareholder in 2010 - when the bank was first being built.
Knab was initially built as a clear-cut way for people in the Netherlands to understand and spend their money how they want. Knab wanted to assist the population in creating a platform for the everyday spender to review all transactions online in one simple place.
Knab works alongside iDEAL, a popular online banking method provided by many top 10 casino to compete as a top payment provider. Using Knab and iDEAL together provides a quick and easy payment method for depositing into your favourite casino.
How to Deposit Using Knab
You must hold a Knab account and have available funds before depositing into an online casino using Knab. Once that’s done, here’s how to deposit:
- Find an online casino that accepts iDEAL deposits and create an account.
- Head to the banking area and select iDEAL from the available payment methods.
- Enter how much you want to deposit and click submit.
- Enter your Knab account details when prompted.
- You will be redirected back to the casino when the transaction is approved.
Knab Deposit Fee
One of the reasons many players gravitate towards Knab Bank is the lack of fees on your transactions. This means that when you deposit into your online casino, Knab will not charge anything extra than the cost of your deposit. On top of this, Knab will not cap your minimum or maximum spend limit, which means you are free to spend as much or as little as you like.
That said, most online casinos will have their minimum and maximum deposit limits, which you will have to adhere to, so make sure you are aware of these before making your deposit.
Although Knab doesn’t charge its users for their transactions, they have a monthly set fee of €5 to use their service. This package includes a tailored banking package, five different checking accounts, unlimited savings accounts, and the chance to request a credit card if available after a credit check.
Knab Withdrawal Speed
One of the downsides of using Knab/iDEAL to withdraw from your online casino is that their withdrawal speeds can be slow compared to other providers. The average withdrawal takes around 2 to 5 days to reach your account and can be longer if processed on a non-banking day.
Remember that many factors can influence the withdrawal speed at an online casino. If you need to verify your account or provide documents, this will inevitably slow things down - the good news is that this is usually only required on your first withdrawal. If you have a large balance, you may also need to withdraw in separate transactions, taking longer to get your cash.
Fastest Paying Knab Casinos in 2022
The Knab payout speed depends on the casino itself. When a player requests a withdrawal, it’s passed on to a payments team to process and approve. A lower quality Knab casino may take longer to do this and so cause delays in getting your cash. This is why it’s essential to choose one of the best Knab online casinos, like those listed below:
|No.||Online Casino||Knab Deposit||Knab Cashout|
|1||Fortune Jack Casino||Yes||Yes|
|2||Nord Slot Casino||Yes||Yes|
Pros & Cons of Knab
Knab is a popular payment method in the Netherlands, and there are many perks to using Knab at the top casino sites. That said, there are still some drawbacks depending on what you are looking for. Here are the pros and cons of using Knab to gamble:
Special Casino Bonuses Using Knab
One of the main reasons players use Knab to deposit into their online casinos is to claim unique bonuses. While some digital wallets are excluded from casino bonuses because Knab transactions go through the iDEAL platform, they aren’t one of them. Users can benefit from various offers depending on what each casino has available.
The most famous promotions available when signing up at a casino account include welcome offers such as deposit matches where you can play with more than your deposit amount, free spins on specific games, and sometimes even a combination of the two. Many casinos also offer tournament giveaways and prize rewards such as excellent merchandise or tech giveaways.
Customer Support at Knab
Knab Bank pride itself on their customer service and the full content of their website. They advise all players to review their FAQs and Help Section before reaching out, as most queries can be settled without the need to wait. That said, if you are unable to find an answer to your question on their website, the best way to contact Knab support is via the chat function on your app.
Reach out at your convenience, and you can close your app and carry on as when a support agent replies, you will receive a pop-up notification (as long as these are turned on on your mobile phone). If you have issues with your app, you can still chat to the Knab support team via their website.
Alternatively, if you prefer to chat with someone directly, you can call them at 020-303-1600. Please note that both the chat and telephone lines are open every day between 8 am and 8 pm. You can still reach out to the chat team outside of these hours, but you will have to wait for a response.
Payment Methods Similar to Knab
Many reasons why players decide to choose Knab when playing at online casinos, many of which are outlined on this page. That said, if you are looking for something else which is similar, please see some of our best alternatives:
Security of Knab Online Casinos
The most crucial aspect of any casino site is its safety and security. Before registering at any online casino, you should check that it is properly regulated and licensed by a recognized gambling body. This means that the casino is compliant and is subject to regular checks for safety and fairness.
Our expert team has vetted every online casino with Knab on this page before being recommended to our readers. If you use a Knab casino other than our website, you should be vigilant with your personal and financial information.
The Knab platform itself is entirely secure to use. Knab Bank uses Konsentus Verify to secure its PSD2 API service. Konsentus Verify is an award-winning SaaS security solution company providing confidence to shoppers and banks alike.
Using Knab to Gamble
If you live in the Netherlands and look for a safe and easy way to spend your money online, Knab Bank is a contender. With a small fee of €5 each month, users can benefit from an array of offers that will help them to deposit and withdraw from their favourite online casinos with no extra costs.
Knab Bank works alongside iDEAL payments at online casinos, ensuring that customers can claim multiple promotional offers when they are available on their deposits.
With their customer service teams available between 8 am and 8 pm every day, Knab knows that customers need assistance outside of standard banking hours and strives to offer the best service possible. You can even message them via chat outside of these hours, and someone will reply when they are next available.
Knab allows players to keep track of their finances, savings, and credit cards, all via your mobile phone. Customers can sign up for multiple savings accounts to help manage those big spends or even save for a long-term goal.
Online casinos with Knab are becoming more popular across the Netherlands, with more brands are now accepting iDEAL as a payment method. The increase in options reinforces the need to find a reliable and safe Knab casino that you can trust.
License and Address of Knab
Knab bank is a subsidiary of Aegon Bank operating licenses for the banking activities (including the Financial Supervision Act (‘Wet op het financieel toezicht’).
Knab Casinos FAQs
Haven’t you found what you’re looking for yet? Then, check out our answers to the frequently asked questions about Knab casinos below.