What are Net Deposits?
Net Deposits = Total Deposits – Total Withdrawals, you have made using a particular payment method, such as a debit or credit card. Whatever funds are deposited with a specific payment such as a credit card or e-wallet, they must go back onto the same credit card/e-wallet.
This is a protection measure to ensure that, for example, if your card had been stolen and used without your consent, these measures would ensure that your money couldn’t be transferred to somebody other than you.
Positive Net Deposits = If you have deposited more than you have withdrawn to a payment method.
Negative Net Deposits = If you have withdrawn more than you have deposited to a payment method.
Example: Total Deposits of £10 – Total Withdrawals of £5 = Net Deposits of £5. This is a positive Net Deposit figure. Each payment method you use on your account will have a separate Net Deposit figure. If you have got more than one payment method registered with positive Net Deposits, it will impact how you can withdraw your funds.
Please note that your withdrawal value will appear under the description ‘FansBet’ on your bank statement.