This site was created specifically for people from Canada, for quick acquaintance with the gambling industry online. In today's article, you can know all about Deposit options available for online gambling in Canada. Our Canadian visitors have asked us so many times to write the review of "Online Banking Casinos 2021, Deposit options available for online gambling in Canada" because of high interest in this topic. Well, the thorough investigation by our gambling expert had been already finished and we have collected here all useful information about Deposit options available for online gambling in Canada in one review. You may read it now!

Best casinos in this month

Online Banking Casinos 2021, Deposit options available for online gambling in Canada

Deposit options available for online gambling in Canada

With easy integration in to your Canadian bank account, our chosen sites will get you playing great games fast. Popular the world over, American Express offers a swift, secure transactions process at the casino cashier, with speedy payments and excellent customer support.

Online Banking Casinos 2021

One of the biggest advantages of gambling online is the sheer numbers of payment options for both loading your bankroll and cashing out.

Whether you are making your first deposit or are ready to walk away and convert your winnings into real money, navigate to your casino's cashier page to see which online casino banking options are offered.

Every casino is of course different, however most are going to have some combination of the payment methods below. Of the shortlisted sites here, Jackpot City ranks number 1 with the reviews team for offering the strongest set of payment options for Canadian players.

Keep reading to discover:

The top online casino sites in Canada offering a variety of payment methods.

Fast, safe and secure banking transfers no matter your withdrawal or payment options.

The best bonuses for players using selected payment options.

Canada's Top Online Casino Deposit Methods

Discover quick and easy Visa casino deposits for Canadians with our guide to the best sites offering this deposit method.

MasterCard is one of the easiest online casino deposit methods and we found the best sites to use it at.

Get instant casino banking at our top Internet casinos that accept debit and credit cards from Canadian players.

Use this e-wallet at our recommended Skrill casinos and easily get your cash into and out of gambling sites.

Canadian players can get quick and easy deposits and withdrawals with our list of recommended Instadebit casinos.

Enjoy safe and secure banking with e-check at our chosen Internet casinos that accept this payment method.

Everyone loves PayPal. Learn if Canadians can use this popular banking method at their favourite online casinos.

If you want to keep your funds safe and get you game on quickly, check out the online gambling sites where you can use Paysafecard.

Popular the world over, American Express offers a swift, secure transactions process at the casino cashier, with speedy payments and excellent customer support.

Canadians have come to trust Maestro payments at online casinos, whether you are topping up your bankroll for slots or making your first deposit.

Neteller is a strong choice for gamers hin Canada. Players like the e-wallet for the range of deposit methods they can use.

Check out the best casinos accepting Neosurf - the innovative payment method that allows you to deposit without providing any bank details.

With easy integration in to your Canadian bank account, our chosen sites will get you playing great games fast.

This e-wallet is favoured by a lot of CA gamers who enjoy the easy transactions process it provides, as well as the clear account tracking that helps players manage their casino spend.

Entropay is a prepaid card system that allows you to set your own budget and play at your own pace. Being able to make deposits for free goes down well with players, too.

Citadel is an e-wallet that enjoys wide acceptance at Canada's best casino sites, reflecting its popularity as a payment option. You'll find its interface and user tools are perfect for your betting habits.

This payment system is one of Canada's most popular, and allows you to make transfers in multiple currencies, quickly and easily.

With a prepaid card you can top up the exact amount you want and stick to a particular budget online. You'll also avoid having to give your bank account details to the casino.

Keep your personal information to yourself with a secure bank transfer, readily accepted at almost all of the top casino sites.

The ultimate choice for anonymous banking, Bitcoin has quickly become a very reliable option for banking at online casinos.

Playing Without Using Your Credit Card

Despite their proven safety, some would still prefer not to give their credit card information to online casinos. For these people (and for anyone whose credit card is rejected for whatever reason), Skrill is another great option. Located in London, the site is an electronic wallet (e-wallet) widely accepted at Canadian gaming sites. Like a credit card, these transactions (both deposits and withdrawals) are usually instant and avoid giving credit card or account information directly to casinos.

Click2Play is another popular e-wallet. Also featuring instant transaction times, C2P offers rewards for using their wallet frequently. Like with most e-wallets, it accepts funds from most major credit cards and banks.

A third e-wallet option is Instadebit, which is unique in that deposits can be made from a bank account even before registering. Withdrawing can take up to three days and is subject to a small charge, however depositing is free of transaction fees.

If you could see yourself switching between several payment methods as you play on multiple casinos, ClickandBuy may be of interest to you. The system combines all of your favourite ways to pay (from credit card to your bank account) into one. This allows you to make deposits however you choose without providing casinos your actual account information.

Make A Check Out Instead

Still yet, some players may be a little wary of using any method that involves their credit card or bank account. That is where the eCheck comes in. While using one can sometimes require an initial trip to your physical brick-and-mortar bank, once the eCheck is initiated, payment from there is extremely quick and secure. This makes it one of the most popular deposit methods for Canadian online casino gamers.

Playing Safely

We know online gambling can carry a bit of a stigma, and many are wary that it is too easy to deposit funds on a whim. However, automatically assuming that one is going to lose money is a little bit of a false prophecy. No matter how you pay, we believe following some helpful bankroll ground rules will make for a responsible yet fun experience regardless of the result.

Frequently Asked Questions

Answering that is like answering "What's the best way to drink coffee?" There's no one true answer. It depends on what your comfort level is with the different payment method is and how you're used to working online. Credit and debit cards tend to be the most popular method for their speed and ease. For those who do not want to use their card directly at an online casino, they can register with a third-party eWallet site which can then be used to bankroll your online play.

There is no clear recommended top banking method. It comes down to preference. Any of the methods we suggest are safe and secure. Some methods may be faster and some may be more convenient for some players. Bottom line, you need to find a payment method that you're comfortable using and that is supported by your chosen casino site.

If we are recommending it, you can rest assured that it is safe and secure. All sites adhere to strict standards for encryption and for providing secure transactions. Credit card companies like Visa and MasterCard are world leaders in online transactions due to their speed and security. They have robust fraud protection strategies in place. EWallet sites like Skrill are reliable, popular and are careful not to release any personal information to outside sources.

Credit cards and debit cards typically offer the fastest transactions. Most sites require withdrawals to be made to the same card that was used to deposit funds. EWallet transactions are also fairly quick and reliable.

You do not need a credit card. Many players rely on them and while they are fast and convenient, Canadian players can do direct bank deposits to sites, eChecks, or can make a bank transfer to an eWallet site which can then be used to bankroll their casino play.

If you have managed to generate a good bit of winnings after a night at video slots or had a successful day of taking on the house at blackjack, you can go to your site's cash out feature and follow the instructions there. The withdrawal typically will be in the same manner as your deposit. If you made your deposit with your Visa, the withdrawal will go back onto the card. When you choose your payment method, keep withdrawals in mind as different payout methods take different times to complete. The payout times could be anywhere from a day or two to weeks for completion.

Real Money Most Popular

Best Bonuses Recommended

Free Games

No Download

Sports Betting

Highest Payouts

Jackpots

No Deposit

Microgaming

NetEnt

Blacklisted

Cash Out Guide

Interac e-Transfer

PayPal

eCheck

Prepaid Cards

Wire Transfer

Fastest Cash Outs

Debit & Credit Cards

Mastercard

Skrill

Paysafecard

Amex

Maestro

Neteller

Neosurf

Bitcoin

Every site we recommend has been verified safe, secure and fair by the likes of:

Casino Deposit Methods for Canada

Since online casinos only exist on the Internet, you will not be able to fund your casino balance using physical cash. For this reason, you will have to make use of one of the many online payment services supported by online gambling operators. As luck would have it, these are some of the most popular payment methods on the Internet in general and you will be able to utilize them at many online casinos.

The majority of services are available on an international level and players from dozens of different countries will be able to benefit from them. These come in many different forms and you will have the opportunity to use credit cards, prepaid services, digital wallets, online banking, and a whole lot more. Every payment service is unique in its own way and some will suit you better than others. Ultimately, it will be up to you to choose the right payment solution for yourself.

What Payment Methods are Available in My Country?

That would entirely depend on your country, but as a general rule, online casinos try to be as inclusive as possible. This is why they always aim to support the most-used payment methods that players from a wide array of different jurisdictions will be able to utilize. Credit cards are one of the most commonly accepted payment services on the Internet and the same is true for online casinos.

MasterCard and Visa are the most prominent brands, but there are websites that support Diners Club and Discover. Alternatively, Paysafecard is a prepaid service available in a large number of countries. There are many payment methods out there and you can find detailed reviews of the most popular of them on this website.

Is It Safe to Submit My Banking Information to an Online Casinos?

Security of data on the Internet is a major concern, not only for consumers but also for the service providers, in our case – online casinos. You will find gambling websites to be some of the most secure on the Internet.

Not only are they required by law to keep personal and banking information safe, online casinos also wish to establish trust with their players. High-tech encryption systems are used to make sure that your banking information will not be misused and that you can enjoy your favorite games in peace.

Can I Withdraw My Winnings With All Services?

Withdrawal is not a feature that all online payment methods support. While it is available with some credit cards and eWallets, there are also payment methods which can only be used to deposit to your casino balance. Not to worry though.

If you used a service for which withdrawals are not available, online casinos will often provide you with an alternative to cash in your balance. Usually, this will come in the form of a bank transfer or a cheque (if available). In any event, you will be able to withdraw your winnings one way or another.

Are There Fees For Deposits and Withdrawals?

The answer to that question depends entirely on the service that you are using. Generally, most payment methods popular with the online gambling community can be used for no cost or are inexpensive, at the very least. The companies responsible for running the services are in constant competition with each other and users get to reap all of the benefits.

Something else which you should take into account is that some online casinos may charge a commission for each deposit or withdrawal. Typically, these websites are few and far between but they do exist. Ideally, you should look for an online casino that offers free transactions.

Canadian Banks That Allow Online Gambling

Canadian banks that allow online banking

Not all Canadian banks will process deposits directly to international online casinos. While we can’t cover every independent bank and credit union here we can help players understand the ins and outs of casino banking with the ‘big five’ financial institutions in the country and reveal some simple ways to get your money into and your winnings back out of online casinos using any Canadian bank account.

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).

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.

However, the bottom line is that if you want to gamble online, the most effective way is to use an instant banking method instead of using a bank provided credit card. 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.

Nevertheless, let’s take a look at which of the major Canadian financial institutions allow online gambling transactions and alternative options available to fund your account.

The Banks of Canada

Bank of Nova Scotia (Scotiabank)

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.

For more information on Scotia payment options click here.

Bank of Montreal (BMO)

BMO is happy to process offshore gambling transactions and treats them as “cash-like transactions” the same as purchasing money orders or travelers checks. The BMO Mastercard cardholder agreement (.PDF) 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).”

For more information on BMO payment options click here.

Canadian Imperial Bank of Commerce (CIBC)

CIBC reserves the right to not process gambling 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 you can see here or below.

Royal Bank of Canada (RBC)

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

For more information on RBC payment options click here.

Toronto-Dominion Bank (TD Bank)

TD Bank has been blocking many credit card deposits at online casinos since 2013 but still allows several other methods of funding. We’ll look at ways to fund your online casino account using this and other major Canadian banks in the following section;

For more information on TD Bank payment options click here.

Other Ways to Fund Casinos with a Bank Account

So we can see that the fact only Scotiabank expressly prohibits the use of their Visa gift cards at any online casino not owned or operated by Provincial or Territorial agencies (.PDF), does not mean that you will always be able to deposit directly from your bank account with a Visa or MasterCard if you bank with one of the other major institutions. TD Bank, RBC, and others occasionally reject credit or debit card deposits or withdrawals.

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. All commonly used methods are listed as follows:

Instant Banking

Interac

Instadebit

iDebit

Bank Wires

Electronic Wallets

Prepaid Cards

Instant 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

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 3rd 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

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.

Conclusion

Some banks allow online gambling transactions and some don’t. But the most effective way of all is to simply use any of the instant banking options instead (we recommend interac), since it will work in conjunction 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.

Casino Depositing Methods

How easy it is to transfer funds in and out of a casino is one of the most important considerations and our recommended casinos all offer a variety of ways for you to deposit and withdraw your money.

Generally speaking Canadian online casinos offer six main banking methods – Credit Card, E-Wallets, Bank Transfer, Pre-Paid Cards, Mobile Payments and Instant Banking with a number of choices offered for each method.

How long does it take to deposit and Withdraw?

The time it takes to fund your account and withdraw varies from casino to casino and also depends on the payment type.

Generally speaking, look at the following table for processing times.

Banking Type	Banking Method	Time to Deposit	Time to Withdraw	Requires 3rd Party Account	Fees	Reviewed Casinos
Instant Banking	Interac	Instant	Instant	No	None	49
Instant Banking	iDebit	Instant	Instant	Yes	$2 Fee to move funds from bank to iDebit account	28
Instant Banking	eCheck	Instant	Up to 7 Days	No	None	5
Instant Banking	Citadel	Instant	Up to 3 Working Days	Yes	$1.50 per transaction	4
E-Wallet	InstaDebit	Instant	Up to 10 Days	Yes	$1.95 when depositing / $2 from instadebit to your bank	30
E-Wallet	EcoPayz	Up to 1 business day	Instant	Yes	1.69%-2.9% to deposit into EcoPayz account	48
E-Wallet	MuchBetter	Depends on funding method	Depends on funding method	Yes	Depends on funding method	33
E-Wallet	WebMoney	Instant	Instant	Yes	0.8% per transaction	8
E-Wallet	Jeton	Instant	Depends on funding method	Yes	Depends on funding method	14
Prepaid Cards	Paysafecard	Instant	N/A	No	None	52
Prepaid Cards	Neosurf	Instant	N/A	No	$1.49+	13
Prepaid Cards	Revolut	Instant	N/A	No	None	0
Prepaid Cards	AstroPay Card	Instant	N/A	No	None	13
Prepaid Cards	Flexepin	Instant	N/A	No	None	2
Credit Cards	Visa Credit	Instant	Up to 3 days	No	None	67
Credit Cards	MasterCard Credit	Instant	Up to 3 days	No	None	67
Cryptocurrency	Bitcoin	Instant	Instant	No	None	18
Cryptocurrency	Litecoin	Instant	Instant	No	None	5
Cryptocurrency	Ripple	Instant	Instant	No	None	4

View more information about the different banking options for Canadian players below:

Credit/Debit Cards

While household names Visa and MasterCard have previously been popular methods to play online, the chances of your bank rejecting a transaction this way are extremely high.

This is due to banks cracking down on online gambling related transactions which you can read further about here.

While it’s possible they will work with some casinos, these days you are much better off using alternative payment methods below.

E-Wallets

E-wallets act as a gateway between your bank account and merchant (online casino), allowing you to add money to your casino account without providing your bank account details to the casino site.

EcoPayz

Neteller – No longer works for Canadians. Why?

Skrill – No longer works for Canadians. Why?

PayPal – Does not work for Canadians. Why?

MuchBetter

WebMoney

Jeton

SticPay

Pre-Paid Cards

Pre-paid cards are a great banking method for people who don’t have a credit card or e-wallet or who want to strictly control their bankroll. They can be purchased from retail outlets in various denominations with a pin or serial number which you enter on the banking module after choosing your pre-paid card type.

Popular pre-paid cards include:

Bank Wire Transfer

An old-fashioned route but still a good one for people who have good, quick communication with their banks. Players can contact their bank with the casino’s bank wire details (casinos provide this on their banking section) and arrange a wire transfer. Using wire transfer you’re also not giving any of your banking details to the casino should this be important to you.

If you’d like to see which Canadian banks allow for transactions to casinos directly, visit this page here.

Mobile Payment

Fast becoming more popular as mobile purchasing has become more prevalent, some online casinos allow you to fund your account through various mobile payment operators.

For example, Boku allows you to pay through carrier billing and is widely supported in Canada by Bell Canada and TELUS Mobility.

Cryptocurrency

The anonymous nature of cryptocurrency makes it an appealing option because it provides a very secure and fast transaction process for playing at an online casino. However, it’s biggest downfall though is that it’s not widely accepted yet and it can seem quite complicated to new users on how to convert CAD to cryptocurrency in the first place.

The volatility of cryptocurrency itself can also be a concern for users that the process for converting CAD to crypto to play at a casino and then convert it back to CAD, seems like an awfully risky approach. By the time you withdraw back into fiat currency, how much have you gained/lost in conversion rates can be an absolute nightmare. For this reason, we don’t recommend using cryptocurrency for inexperienced users, however, it’s probably a great option if you already have crypto stored or if you’re a resident from the US where the laws are quite ambiguous. However for Canadians, since it’s legal to play at online casinos, there’s plenty of better options to process payments.

Bitcoin

Bitcoin Cash

Etherium

Ripple

Litecoin

Bitcoin Gold

zCash

Lisk

Dash

Tron

Instant Banking – the Best Option!

Instant banking methods allow you to connect your bank details to the online casino site through an intermediary party offering a very seamless and fast way to transfer funds.

In the banking or payments section, you will need to enter your banking or cheque numbers, choose the amount you want to deposit and then press submit. Shortly afterwards the funds will be on your casino account.

Instant banking options include:

2 Important Concepts You Need To Know!

1) Verification: All of our recommended sites being regulated by serious e-gaming regulatory authorities require player verification (identity, residence) also known as KYC (know your customer).

Verification is normally required at the time of making your first withdrawal. Without successfully verifying your personal details you won’t be able to withdraw your winnings

2) Pending Withdrawals: Payments are very rarely processed immediately (even after verification on your 2nd withdrawal request) with most casinos keeping payments in a pending withdrawal period for a period of time.

This means that whatever the processing time of your chosen withdrawal method you also need to add on that casino’s specific ‘pending’ withdrawal time, to get the total time from requesting a withdrawal to the funds getting back to you.

Ready to play? Then visit Sports Interaction by the button below which offers the biggest selection of depositing methods from all our recommended casino sites

Payment options at CAD online casinos

Funding online casino accounts in Canadian dollars is a straight forward process in 2020. The most popular casino deposit methods in Canada include credit and debit cards, web wallets and payment processors. The online casinos we recommend for Canadians all have a plethora of CAD payment options for both high limit and those looking to make smaller transactions.

100% match deposit

$1,500 Bonus

100% up to $150

First Deposit Matched: 100% Up To $300

100% Bonus + 100 Free Spins

$200 + 100 Spins

CHOOSE YOUR BONUS

100% up to 200£/€/$

URL: https://www.mrfavorit.com
Year founded: 2019

100% matched deposit bonus

100% up to $1600

List of Popular CAD casino deposit options

Below we will highlight all the most popular gambling deposit methods for Canadians. If you can’t find what you are looking for below, check out our full list of global casino deposit methods.

Bitcoin:

Still the no.1 cryptocurrency in Canada and you will find many online casinos willing to accept this as a deposit option. Works instantly both ways. Well it should theoretically, but withdrawals will rely on the casino to process them promptly.

Debit cards:

Works much like a credit card, although you are using your own money, rather than credit, to make the deposit. Simply punch in your card details and follow the prompts to fund your casino account.

ecoPayz online casinos:

ecoPayz as a casino deposit method can work in one of two ways. You can either fund your account with a linked card or you can link your ecoPayz account to your bank account to facilitate instant transactions. There are plenty of ecoPayz casinos accepting Canadians.

Entropay casino deposits:

Entropay is a popular online casino deposit method in Canada, Entropay gives you the chance to purchase a prepaid Visa or Mastercard. Many of the best online casinos accept this as a form of payment.

Ethereum:

While not as prevalent throughout Canada, Ethereum can be found at some online casinos as a deposit method. Works much the same way as bitcoin in that deposits and withdrawals will be instant, or be processed in a matter of seconds.

iDebit casino deposits

iDebit gambling deposits are one of the most popular in Canada. The top iDebit casinos will allow you to deposit and withdraw using this web wallet. iDebit is exclusively Canadian, and has a really good reputation for safety.

Instadebit:

Probably the no.1 option for Canadian punters, largely because it has been developed locally and works perfectly with the banking system in the country. Instadebit is available at most online casino operators catering to Canada. A huge plus of this system is that even if you don’t hold an account with Instadebit you can still use this method and sign up during the deposit process.

Mastercard:

Another popular type of credit and debit card which acts much like Visa; its main pitfall is that you can’t withdraw using this method.

Paypal:

Probably the most popular e-wallet in the world with millions of transactions done daily. Chances are you already have a Paypal account, which means you are armed and ready to fund a gambling account.

PaySafeCard:

One of the most popular prepaid cards and is readily available around Canada. Basically find a location to buy a card on the official website, pay the cashier and you will receive a pin. You then choose PaySafeCard as your deposit method and enter the pin and amount you wish to transfer to your casino account.

Hands-down the biggest payment processor in the world, and is commonly used for gambling deposits. A huge plus is that you can withdraw back to your Visa account from your casino account.

Overview of casino banking in Canada

Since 2009 the Canadian Government has left the legality of online wagering up to the various provinces. This means some provinces have embraced iGaming while others have left it at the status quo, preferring to turn a blind eye to the millions of dollars being pumped into offshore gambling websites.

If you are new to the online casino world, this article will run you through the various deposit methods available to Canadians, including making recommendations about where to play. For instance, Neteller might only operate in regulated gambling markets, preferring to keep its nose out of this industry in countries such as Australia and China, who have strict laws surrounding online casinos.

More Canadian guides:

Credit & debit card deposits

Credit and debit cards are the most common way people fund their online gambling accounts in Canada, and you will generally have no problem using either. If you have never used your credit card at a gambling site, it works the same as making an online purchase. You just punch in your details and complete the purchase.

There are many more types of credit and debit cards available to Canadians which will allow you to make transactions to online casinos, with some other well-known ones being American Express and Diners Club.

Prepaid cards in Canada

The major benefit of using prepaid cards to fund an online casino account is you don’t have to give your card or bank details to anyone. Prepaid cards essentially work like a credit card; you are given a card or voucher with a number that can then be used to make purchases.

Many retail outlets such as Target, Walmart and gas stations will offer a selection of prepaid cards and give you the ability to recharge ones you have drained. Essentially you have a debit card at your disposal which can be used to buy things online.

Visa: Another popular prepaid option is Visa, with these cards readily available at retail outlets across Canada. Once you have one, they act exactly like a debit card, except your own banks details are not linked to it.

Using E-Wallets at online casinos

Canadians have few restrictions when it comes to e-wallets and gambling transactions, which means we can use the big name brands such as Instadebit and Paypal to fund our online casino accounts.

You haven’t used an e-wallet before? To put it simply an e-wallet allows you to process your payment with an added layer between your bank and the casino. Often people don’t 100% trust organisations enough to give them their card details, but a web wallet will go some way to alleviating those concerns.

How do i fund an e-wallet? Any number of ways are available, including using your bank or credit card, bank transfers and many more. Some people feel more secure giving bank details to respected brands like Instadebit and Paypal.

While it’s not a hard and fast rule, generally withdrawal from your casino account back to your web wallet will be instant, which is a convenient plus of this banking method. Some of the most popular e-wallets Canadians use are:

Neteller: Has been one of the more popular ewallets for gambling but a bigger focus from this company on regulated markets has seen it pull out of many lucrative gambling markets. Much like Paypal you create an account, fund it via a number of easy methods, and begin depositing at merchants which have this is a payment option.

Bank wires to CAD online casinos

You can deposit to some Canadian online gambling websites via a bank wire, which can be a good option for those wishing to transfer a large sum of money. To initiate this type of transfer you need the bank details of the business you are sending the money to. You then need to either use your own online banking, telephone banking or visit your bank to facilitate the bank transfer.

The big downfall of this method is that it can take some time for the money to hit your gambling account. Be aware that it will take longer if you are transferring the money to an account outside of Canada. In fact we have heard reports of some transactions taking as long as a week. If you are transferring to a Canadian bank account you can expect the money to hit your account within 48 hours.

eChecks at CAD online casinos

For those who don’t want to give their credit card details to any online banking organisation the eCheck is a viable option. The eCheck is issued by a bank, either online or in the flesh, and you are then given a digital code which can be used to deposit at an online casino.

An eCheck usually has a limit of around $2000 Canadian dollars, while there is usually a minimum of $20 to actually be allowed to make out an eCheck. You will also be required to prove your identity before making a deposit at an online casino using eCheck as your method.

Don’t be fooled into think eChecks are anonymous because they are not linked to your bank account, they still leave a digital footprint, and can be traced back to the purchaser.

Funding your casino account with cryptocurrency

Cryptocurrency is still relatively new to most people but it has definitely become a mainstream way to fund online gambling accounts over the past few years. Like much of the world Canada has not classified bitcoin or other cryptocurrencies as a fiat currency which means you are free to buy, sell and use crypto to fund your gambling accounts. The government does keep a close eye on the crypto space for any potential money laundering purposes, but for depositing to an offshore gambling website you will have no trouble.

Popular cryptocurrencies in Canada include

Online casino banking withdrawals

The options to withdraw your funds from your account vary greatly from casino to casino. It largely comes down to the regulations placed on the particular method.

In Canada we are lucky in that we face very few restrictions when it comes to gambling online, which means that payment processors such as Paypal and Instadebit allow withdrawals as well as deposits.

While we cannot stress enough that it will change from casino to casino, some of the more popular ways to withdraw money from your account include:

Credit card

Bank transfers

Neteller

Skrill

Canadian banks currently processing gambling payments

At this point in time we have had no trouble processing payments to gambling websites from Canadian bank accounts. We have tested with the “big 5” banks in Canada without experiencing any trouble with local or international deposits to casino accounts.

The Big 5 are:

Royal Bank of Canada

Toronto-Dominion Bank

Bank of Nova Scotia

Bank of Montreal

Canadian Imperial Bank of Commerce

Commonly asked CAD casino banking questions

Do you have a question about online gambling and making deposits from Canada? Email us at contact@worldgamblinglist.com to hear our response. The following questions are ones we have been asked in the past:

What is the maximum I can deposit?

There are a couple of things to take into consideration, including the deposit method you are using and the rules of the casino. For instance a Skrill deposit might be capped at $500, while a Visa deposit might be capped at $2000. You also need to be aware of your own card’s or account’s spending limits. One thing is for sure, if you talk to the customer service team at the chosen casino they will talk you through the deposit process.

How long do withdrawals take?

Again this will come down to the website you are playing at and the method you are using. If you are withdrawing from a casino licensed in Canada you will be able to access your funds within 1-2 business days, or even quicker if you are using a withdrawal method like Neteller, which is largely instant.

The time your withdrawal takes could become significantly longer if you are gambling at an offshore website, however, most Malta- and UK-licensed gambling sites will have your payment processed within a few hours, which means a bank transfer could hit your account within 2-3 business days.

As a general rule you will be able to find estimated withdrawal times on the casino’s website.

What the hell is SSL encryption?

Secure Sockets Layer encryption is the industry standard when keeping banking transactions safe and all online casinos you play at should have this level of security. How can you tell? You will see a small lock next to the website’s URL. You will also notice that the casinos URL will be https:// rather than http://.

Do I need to own a credit card to play?

No, you don’t need a credit card to play, and there are many methods above that don’t involve credit cards. As long as you have cash money or a bank you will be able to find a suitable way to fund your online gambling account. Credit card deposits are also available at the top betting sites in Canada.

What is the quickest way to withdraw money

Withdrawing back to a web wallet is probably quicker than the initial transaction back to your bank account. If you find a diligent casino you should have a same-day withdrawal back to your web wallet. Your best bet to know about withdrawal times is to read reviews of the casino you are playing at.

Payment Options

Online gambling in Canada is an activity that’s becoming more and more acclaimed with every passing year. One of the main reasons for it is the simple and easy accessibility that users have to these sites. Apparently, the different payment options that players have access to have contributed to this online industry’s growth, in terms of popularity. It’s good to know that every Internet-based casino in Canada provides its clients with several payment options. The vast majority of them have between three to five possibilities that customers can pick from.Now, let’s analyze the most common and best payment options in Canadian online casinos sites:

PayPal

QIWI

Entropay

Skrill

Paysafecard

Neteller

Instadebit

Ecopayz

Credit cards

Interac

Visa

MasterCard

AmEx

eCheck

Bitcoin

Citadel

What Canadian players must know is that there are a few common payment methods that you can find in almost every website of this sort. All these options can be separated into three different categories – credit/debit cards, direct bank transfers, and digital wallets.

Playing casino with American Express is a burning trend among Canadian gamblers. No wonder – AmEx casino online will provide you with more perks than you have ever seen! Top credits, fast service, and fantastic cashback is just the tip of an iceberg! Read the article below for more online casino AmEx insights.

The brand Apple is associated with reliability and convenience and has overtime become a mark of quality on its own. The same applies to Apple Pay, a new way for making payments for iOS users in person, through apps and on the web and now, players can use it to make payments in any Apple Pay casino in Canada.

Bitcoin, a real revolution of the modern-time era, has now conquered its path in the world of gambling without any troubles. By valuing a 100% anonymity, incredibly fast transactions, and ease in use, bitcoin casino Canada platforms are now becoming trendy. If you were interested in the subject at least once, read on to review how the Canadian punters might make good use of cryptocurrencies in gambling.

Today, there are many different brands of credit cards, but the majority of Canadians are using MasterCard and/or Visa. Luckily, almost every online casino accepts these two cards.User-Friendly credit tools are always a sort of happiness for many gamers all over the globe. This allows them to gamble freely without any trouble and using it is the most convenient way to use your money in gambling.

Echeck casino options are now countless, which represents a generally active tendency among Canadians to use online checks as their preferred payment option. If you’re looking for echeck casino Canada, be sure that you’ll find hundreds of online platforms for your gambling intentions. Seeking an alternative to e-wallets and credit cards? If yes, read on to get acquainted with everything related to this payment option.

It is an e-wallet, designed for online users in Canada. Ever since it came out, Ecopayz has made life easier for gamblers in online casinos of Canada. And if you are looking for a good review, you have come to right place.

Entropay is the virtual credit card that is designed specifically for online transactions. People use Entropay similarly to how they use such familiar payment systems as PayPal. This is a prepaid virtual credit card that is perfect for instant online payment.

Have you missed a cashless payment method that requires little or no effort to top up your game balance in an online casino? Google Pay casino platforms are one of the best examples of digital payment options that bring innovations and tech revolutions to the gambling industry. Read on to get acquainted with this payment method in a little bit more detail.

As the online casino industry grows every day, it is natural that the list of payment methods is expanding, and iDebit casino is one of the latest methods that players like to use to fund their accounts! The main pro of iDebit payment is that it uses a bank account that is connected to this service, which results in a fast payment with almost no fees! iDebit service is highly popular in Canada, but in the rest of the world as well.

InstaDebit is one good example of a payment system for casino; it is very popular in Canada, USA, and other countries. Thanks to this system, you can transfer money easily from your bank account, and you can also use your account for withdrawals directly to your bank account.

Citadel is among the most trusted and reputable banking options in the entire punting community. If you have ever asked yourself what’s the most trustful transfer service, which is both reliable and fast, Citadel is your option. A wide range of citadel casino platforms now operates in Canada, so let’s find out all the details you might possibly need in our review.

One of the most interesting ways to gamble, specific for Canadian players are accessing a casino with Interac. Probably an unknown option for those outside the Canada borders, joining a casino Interac online presents many advantages for gamblers. In what follows, we’ll try and discover together the details and intricacies of what gambling online at an Interac casino actually means.

There probably aren’t a lot of people that haven’t heard, or better yet used this renowned payment method. For the majority of online casinos, MasterCard has become the number one option to deposit and withdraw money on the online account. Let’s find out what makes using MasterCard casino so great!

In Canadian online casinos that accept NETELLER, players can use secure payment without sharing credit card information, rely on maximum security, and receive bonuses for use.

Casino Deposit Methods

Being able to deposit quickly, easily and securely at an online casino is one of the most important features for all types of casino player. There are a multitude of different deposit methods offered by the casinos, some are deposit only while others allow you to withdraw your winnings back to your deposit method. The amount of options available can be confusing so to help you choose the right deposit method for you we've reviewed the best casino payment methods below, and of course found the best online casinos for you that accept each deposit method.

Credit Cards, Debit Cards & Prepaid Cards

Credit cards are still one of the most popular methods of depositing at online casinos. All casinos accepts credit cards and many also allow players from the USA to deposit using their Visa cards or Mastercard.

Debit cards are quite a popular method of depositing at a casino online particularly in the UK. Many sites accept deposits from cards such as Switch, Maestro, Visa Electron, Visa Debit, and Laser.

Visa cards are the most popular type of credit or debit cards to use at online casinos, and Visa is the most accepted payment method with it being universally available.

Mastercards are accepted at many online casinos as a method of depositing funds to your casino account. Mastercard credit cards are simple, quick and secure to use for online casino deposits.

PaySafe Card is a prepaid card solution that is widely available across the UK and Europe and can be used to deposit at online casinos. Cards can quickly be topped up at high street retailers.

American Express is one of the most trusted cards across the world. Enjoy increased limits, safe and secure transactions with this form of payment. Depositing funds with your AMEX at an online casino, just got easier.

E-Wallets

PayPal is an extremely secure payment method that is accepted by some of the biggest online casinos. PayPal is only accepted for casino deposits in a few countries such as the UK.

Neteller is one of the biggest and most popular e-wallets for online casinos deposits and withdrawals. Processing is safe, secure and fast with transactions taking seconds.

Eco Card is an extremely popular casino deposit method across Europe and Canada that allows you to deposit in a range of currencies. You can deposit easily from you Eco Card e-wallet account.

ecoPayz is a state-of-the-art deposit method, highly popular in Canada. You can easily fund your ecoPayz account with 45 currencies to deposit in your online casino account!

PayNearMe is an excellent deposit method if you are skeptical of using your credit cards online. You can deposit with cash at a local store and use it online to fund your account, its that easy!

My Citadel is another ewallet banking method that lets you quickly and easily deposit at online casinos without having to give the casino your credit card or bank details.

With a pay by phone bill casino you can make deposits simply by entering your mobile number, protecting your financial information and hitting the gaming tables much quicker.

Bank Transfers

Most online casinos will allow you to make deposits and withdrawals via a wire transfer from your bank account. This can be a good method for large deposits or withdrawals, though there is sometimes a small fee.

eCheck is a popular casino deposit method particularly for players in Canada. eChecks makes it simple as well as safe to easily make deposits at the top online casinos.

InstaDebit is a quick and safe online casino deposit method that Canadian players can use to fund their casino accounts. Many Canadian Online casinos now accept InstaDebit payments.

iDeal is a popular deposit method for casino players in the Netherlands. Depositing at Netherlands is easy using iDeal.

Bitcoin is a digital currency that is gaining popularity and is available at many online casinos.

Online Casino Banking

There are several other deposit methods, all secure in their own way, some not as fast and easy. What it boils down to is what you'd prefer. Some use PayPal, others just simply use a credit card. It doesn't matter. What matters are options. Also with so many different options available, transfers are easy for any casino gambling player in the world. Some casinos are quicker than others when you make a withdrawal so the fastest withdrawal casinos can be preferable to get your big win quicker.

The number of deposit methods available for you will vary depending which country you live in. UK casino deposit methods are plentiful with PayPal even usable now, whereas US casino deposit methods are much thinner on the ground, though there are now several online casinos that accepts US credit cards and payment solutions such as Quicktender, UseMyWallet and eWalletXpress are now available as well. Canadians fair a little better than their souther cousins with plenty of Canadian online casino deposit methods to choose from.

Payment FAQ

What is important when selecting a payment method?

It's most important that you choose a payment method that is trusted, secure and right for you. This means that the method is approved by a higher authority, that the method has stood the test of time and that you find it easy and comfortable to use. The methods we recommend on this page tick the first two boxes and we're here to help you to answer the third - which payment method suits your gaming and lifestyle needs?

Which are more safe & secure?

All the payment options we recommend make it their top priority to be the safest and the most secure. All use different methods in order to make it so. From Paysafecard's 16 digit security keychain to your credit card company's insurance and fraud prevention protection, when using payment methods online you need to use a method that values and protects your identity. Only ever use known and recommended payment options to avoid bad service and even fraud or theft.

What methods are faster?

E-wallets are generally the fastest payment method. They are designed for instant use online and so are fully optimized for speedy payment methods. However, credit and debit cards can also give e-wallets a run for their money, but it depends on your service provider.

Should I choose an eWallet over debit or credit?

It comes down to personal preference. Some people prefer not to share their personal banking details over the web and trusted e-wallets like Neteller and Skrill are a great alternative. However, others prefer to stick with what they know and trust so they tend to stick with their debit cards.

Do I need to own a credit card?

You don't need to own a credit card to make payments or receive deposits in the casino. Popular and safe alternatives such as debit cards, e-wallets like Neteller and deposit cards like Paysafecard are all readily available.

What If I Encounter a Problem Depositing Money?

Customer support is available 24/7/365 inside of the many different types of gaming software provider, such as RTG (Real Time Gaming) or Microgaming, to help you with any questions you may have. Each of our ranked sites provides multi-lingual operators to help you and also have telephone, live chat and email support.

How are winnings generally paid?

Winnings are generally paid back into the method you used to deposit your funds. However, if you used a credit card you may only receive the same amount as you deposited but then be forced to use an alternative payment method. Using your debit card or e-wallet to receive winnings are generally the most popular options.

How does my location dictate the choice?

Different states and different countries have different laws and regulations when it comes to gambling and this affects which payment options offer their services when it comes to online gambling.

Deposit and Withdrawal at Online Casinos for Canadians

Online casino deposit methods are an important part of online casinos that Canadians should know about to have hassle-free online banking transaction when playing real money slots or casino games. Most Canada friendly online casinos offer great deposit and withdrawal methods for Canadian players so that players have smooth and easy way to fund their casino account by playing slots either on iPhone or any cell phone or with PC or laptop.

These online casino banking methods are safe and secure as the casinos implement the latest encryption technology to protect player details and their financial transactions. Also the online casinos or apps integrate a wide range of payment options, which are trustworthy and convenient for Canadian players.

Deposit methods commonly found at Canadian friendly casinos

Deposits and withdrawals at online casino

When it comes to payment methods there are variety of them to choose from at online casinos. Some of the common deposit modes available are Credit Cards, Debit Cards, bank transfers, prepaid cards, cell phone billing, web wallets and prepaid vouchers.

You will find VISA/ Mastercard, Canadian Interac, Instant EFT, Astropay, Instant Banking, Ecopayz, Entropay, Idebit, Instadebit, Neteller, Payforit, Paypal, Paysafecard, Skrill, Web Money, Trustly and many others of such kind.

1. Credit/debit Cards – Canadian players find it most convenient to use credit cards to fund their accounts. Credit card holders just have to input card details such as CVC number, name of the account holder, card number, expiry date, and the amount they would like to deposit. Revealing all these details at online casinos is 100% safe as they implement the latest encryption technology, which makes them as safe as banks.

The funds will be instantly credited to their accounts. Winnings can be withdrawn back to the credit card; however, players should note that they can only withdraw an amount equal to the amount deposited using a credit card.

2. Instant Bank Transfer – Instant Bank Transfer is a safe and secure casino banking method that allows players to transfer funds directly from their bank accounts to their casino gaming accounts. Winnings can be withdrawn back to the bank account safely and securely. A Canada friendly instant bank transfer method is Instadebit.

To use Instadebit, Canadians have to sign up for its services, but do not have to load their Instadebit accounts. The procedure is similar to writing checks.

The funds are instantly credited to players’ casino accounts although they are debited from their bank accounts in around two to five business days. Instadebit is 100% safe and anonymous as players do not have to reveal their banking details.

3. Wire Transfer – This method allows players to move funds easily, safely, and securely from one account to the other. There are several types of wire transfer. For example, using one’s debit card to transfer funds from one’s bank account to one’s casino account can also be considered as a form of wire transfer.

Many Canadian players prefer using wire transfer as they are not required to reveal any personal financial information. The only drawback is that wire transfers are not instantaneous and come with a fee.

4. Electronic Wallets – Popularly known as eWallets, they allow players to fund casino accounts safely, securely, and instantaneously. Players just need to sign up an account with the eWallet service and load it in order to start using it to deposit casino funds and withdraw winnings. Some of the most popular eWallets are Click2Pay, Skrill, and Neteller.

For example, players who want to use Neteller must first sign up at Neteller and load their Neteller accounts. They can then easily transfer these funds to their casino accounts.

Winnings can be transferred back to the Neteller account. Funds from one’s Neteller account can be withdrawn using a wide range of methods, including a Neteller debit card that can be used to withdraw funds at any ATM accepting MasterCard.

5. Prepaid Cards – This is another popular method in Canadian online casinos. Using a prepaid card gives players more control over their wagering activities as they can only use the funds loaded on their cards. Some of the most commonly used prepaid cards in Canada is PaySafeCard.

6. Bitcoin – many online casinos have also started accepting Bitcoins as deposit method and you can easily make a deposit with BTC cryptocurrency. There are various other cryptocurrencies to use at online casinos like Litecoins, Dash, Etherum and others.

7. Pay by Phone– Pay by phone method is convenient method of deposit for iPhone players. You can use Apple Pay or Zimpler. This method collects your card details on phone, and keeps banking transactions and bill payments in one place. You create an account, links your payment methods and then use your phone to make payments at online casinos. 888 Casino Canada is the best choice of Canadians to use Pay by Phone method of deposits.

Withdraw methods commonly found at Canadian friendly casinos

Almost all the casinos use cheque as the withdraw mode to get back your winnings as well as use the same mode of withdrawal as your deposit method. Though online casinos always wish to process your winning fast still you may have to wait anywhere in the range of one to 21 business days depending on the withdrawal method selected.

While eWallet withdrawals are instant, wire transfers may take up to five working days and courier checks may take up to 21 days to arrive at your casino account.

Note that online casinos where you are about to get your winning payout for the first time, you have to verify yourself and your identity by submitting the relevant identity proof. This is an essential procedure to make the casino banking system very secure. The casino will need :

Copy of Driver’s License

Copy of a utility bill (Water, gas, telephone etc.).

Copy of your Credit Card (back and front) if you made deposits using your Credit Card.

If you are apprehensive about revealing your card details at online casinos then you can bank anonymously without revealing your credit card details. You can choose to deposit funds and withdraw winnings using methods such as prepaid cards and eWallets.

Also online casinos allow you to withdraw your winnings anytime you wish. However, a cap may be imposed on the amount that can be withdrawn per business day or per week.

If players win a progressive jackpot, it will be paid out in installments. As said above winnings are paid through the same method used to deposit funds. In cases where this is not possible, players can choose a withdrawal method from the casino cashier.

Also remember at some online casinos you can deposit funds in Canadian currency, but casinos may convert these into Euros or US Dollars according to the latest exchange rates.

How to make a deposit at the online casino

You can make a deposit at the online casino with any of your gaming platform, whether you play with your cell phone or PC things remain same.

Click or Tap on the cashier at banking page once you login at the casino you wish to play.

Banking page will be listed giving you so many options to choose from as payment method

Select the one you are comfortable with

Enter the amount in CAD or the currency that casino accepts.

Follow the process or steps as they pop up on your screen

Your online casino will be funded and the amount will be displayed on your account page.

Now grab the bonus if applicable to your account Note that deposit bonuses have wagering requirements to meet so better ask the casino customer support team in case of any doubt before making a deposit.

Go to games lobby, select the slot game and tap to play.

How to get make a withdraw at the online casino

After each session you play, your money will remain in your account for the next time you want to play. The only time you will need to make a withdrawal is when you would like to get your money.

In the casino software, click on Bank and select Withdrawal

You will be asked to select your preferred option to receive your payment

Your withdrawal request will then enter a pending period (minimum 24 hours), during which time you will be able to reverse your withdrawal, should you wish to do so

Your withdrawal will be processed on the day in which it is released from the pending period

For security reasons, you may be required to provide the following information, in order to verify your withdrawal:

Copy of Driver’s License, Copy of a utility bill (Water, gas, telephone etc.), Copy of your Credit Card (back and front) if you made deposits using your Credit Card.

Also there may be a cancellation cost incurred for certain withdrawal methods. So always read the terms and conditions when selecting a withdrawal method.

The portion of your withdrawal less than or equal to the original deposit amount will be paid to you through the payment option that was used to make the original deposit

Any other money owed to you can be withdrawn whenever you wish.

When using certain web wallets to withdraw, for example eCheck, there is an eight day waiting period. As a result, the casino will not be able to process a withdrawal within eight days of your last deposit when using these web wallets

Due to restrictions in some countries also many casinos may not be able to pay your withdrawal through Visa or MasterCard.

Withdrawals are paid as soon as possible. However, your bank’s processing times may slow down the payment of withdrawals. Withdrawals may be subject to processing fees at the discretion of the casino.

Remember deposits and withdrawals at online casino of repute are safe and secure. Always play on registered and licensed online casino with your cell phone or web browser as these sites are equipped with latest SSL encryption software to keep your transactions safe and sound.

So, let's define, what was the most valuable conclusion of this review: Discover Top Online Casino Banking Options for Canadians in 2021 - We recommend the top payment methods for safe & secure play at online casinos 💳. at Deposit options available for online gambling in Canada