Which Canadian Banks Allow You To Make Online Deposit At Casinos In Canada?

Which Canadian banks allow you to make online deposit at casinos in Canada

As you know to play real money slots, poker, blackjack, roulette, live dealer you need to make a deposit in Canadian dollars. To make an online transaction at the online site you need to make through a certain bank to fund your casino account to play real money games. Unfortunately not all banks allow real money deposits.

As online gambling has been a provincial or territorial matter since 2009 so there are no laws at the federal level that restrict players from visiting or playing at offshore casinos. None of the provinces or territories have created any laws to prevent citizens from depositing and playing internationally either.

However, one of the big banks will only process payments to and from Provincial Lottery Corp casinos – that bank is the Bank of Nova Scotia (Scotiabank).

Do you know due to a U.S. law, the Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA) major banks such as Chase, with headquarters in America, are not able to process any gambling funds for international online gambling.

This means while it is legal to play at an online casino within Canada, banks are having to abide by a US law (the UIGEA) since many banks have head branches in the US.

Not to be disheartened few of the Canadian banks do allow transactions to fund online casino account for gambling and betting. Also you can use instant banking method instead of credit cards to fund the online site when it comes to playing real money games. This method will work with any bank you are with and allows you to effectively play at any online casino without having any worry of deposits or withdrawals being declined. Alternatively, using an e-wallet like ecoPayz is also a great alternative but will require you to set up a third party account and isn’t as widely accepted.

Which Canadian banks allow you to make online deposit at casinos in Canada?

Here are the major Canadian financial institutions allow online gambling transactions and alternative options available to fund your account.


Scotiabank will only process transactions to online gambling sites operated by a Crown Corporation such as EspaceJeux.com for Quebecers, PlayOLG.com for Ontarians, and PlayNow.com for players in British Columbia and Manitoba.


BMO also process offshore betting transactions and treats them as “cash-like transactions” the same as purchasing money orders or travelers checks. The BMO Mastercard cardholder agreement defines the term as such: “Cash-like transactions mean transactions involving the purchase of items directly convertible into cash including wire transfers, money orders, travelers cheques, gaming transactions (including betting, off-track betting, race track wagers, casino gaming chips and lottery tickets).”


CIBC reserves the right to not process online casino transactions, as seen in their credit card agreement 3.i which states  “Prohibited Use of Card. CIBC may block transactions that it can identify as internet gambling.” However, most transactions go through without a problem and there are other ways to access your CIBC funds for online gambling as well.


The RBC credit card agreement also states that they can prevent transactions connected to Internet gambling. However, many of the methods discussed below will enable use of this card through a third party service.


TD Bank has been blocking many credit card deposits at online casinos since 2013 but still allows several other methods of funding. Keep on reading and look at ways to fund your online casino account using this and other major Canadian banks as given below.

Remember that one of the most direct methods of funding your casino account from a Canadian bank is to use an eCheck/ACH facility. With this method you would enter information found on one of your paper checks and the funds will be deposited immediately.

In order to deposit or withdraw bank funds consistently an intermediary account or eWallet is the usually the best bet. Also you can use the following methods for deposits at Canadian online casinos to play real money games:

Instant Banking like:

  1. Interac
  2. Instadebit
  3. iDebit
  4. Bank Wires
Interac banking
Interac banking
  • Interac e-Transfers: If you already shop online you are probably familiar with using Interac to make purchases. The highly secure funds-transfer method also works for casino deposits and withdrawals and many find it to be the preferred method for online gambling.
  • Most Canadian online casinos recognize that many customers prefer to use Interac as sensitive financial information is not revealed in the process. It’s growth in popularity is making many online casinos recognize it as a must have payment option.
  • Instadebit: Much like Interac, Instadebit is another instant payment method used to transfer funds from your bank account to a casino or other online merchant. You can also cash out your winnings via Instadebit.
  • Since the facility works as an intermediary, your bank will not know that you are transacting with an online casino, so even Scotiabank and small credit union customers can use this method at any online casino that offers it.
  • iDebit: Offers instant deposits as well as withdrawals from any Canadian bank account. Players don’t need a credit card to use these services and your bank will not be aware of your transaction partner. Your funds remain at your financial institution until you transfer them. Deposits are transacted instantly but withdrawals may take a few days to process.
  • UseMyBank: While most players around the world can only use this method for deposits, Canadians who are approved for Pre-Authorized Debits (PAD) can also use it to withdraw funds from an online casino. If you see the UseMyBank logo in the casino’s banking section, simply click, enter your banking information, and deposit. The funds will be available instantly and there are no user fees.
  • Bank Wires: This is rarely an attractive option for Canadian players to deposit with. Banks may refuse the transaction which can take over a week to be processed. If you have deposited with a pre-paid card or another method that does not allow withdrawals back to it, direct bank transfer is a way to collect your winnings securely.

Electronic Wallets like:

  1. Neteller
  2. EcoPayz
Ecopayz- ewallet
Ecopayz- ewallet

E-wallets are a popular alternative to instant banking because transactions to and from a casino are processed extremely fast.  However, the biggest difference is that it requires you to set up a third party account and transactions made to get your money out will often incur fees.  Neteller used to be a very popular e-wallet used to fund your account, however, it is no longer available for Canadians to use at online casinos but there is EcoPayz, MuchBetter, Webmoney and Jeton which are great alternatives.

These wallets must first be funded, so they are more like a PayPal account that you need to keep topped off. Once your account has money in it, you can use those funds to deposit. Casinos will also payout to wallets, and these payments can be instant. You will then need to transfer the money again in order to spend it anywhere that does not accept eWallet transactions.

Prepaid Cards like

  1. Paysafecard
  2. Vanilla Prepaid
  3. Neosurf
  4. Revolut
  5. AstroPay
  6. Flexepin
Neosurf CAD
Neosurf CAD

Another alternative is to use a prepaid card, for example, you could buy a Vanilla Prepaid card from any 7-11.  You can use these type of cards to deposit funds at any casino, however, be aware that you won’t be able to withdraw back into it.  In this case, you would only be able to withdraw any winnings by requesting for a cheque to be sent to your address.

Finally note that some banks allow you to make an online transaction to play real money games. The most effective way of all is to simply use any of the instant banking options instead  since it will works jointly with any bank and avoids any possible hassle of a transaction being declined.  Alternatively, you could use an E-wallet, however they aren’t as widely accepted and will often charge fees when you choose to transfer or withdraw funds.  A prepaid card is also another alternative, however, withdrawals will have to be sent via cheque.

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