Online casinos that accept e transfer
Finding a feasible payment and withdrawal option for any canadian casino online is one of the more difficult decisions to make.
All casino to play real money online
While playing at your favourite casino is easy, you have to be able to deposit your money quickly and withdraw your winnings without having to wait for weeks.
- What exactly is interac and where is it from?
- How does it work and how can I benefit from it?
- Are there any fees to be concerned with?
Enjoy online gambling with interac e-transfer
Finding a feasible payment and withdrawal option for any canadian casino online is one of the more difficult decisions to make. While playing at your favourite casino is easy, you have to be able to deposit your money quickly and withdraw your winnings without having to wait for weeks.
Say hello to interac e-transfer. It's amongst the most preferred online gaming deposit methods in canada because it's fast, secure, and incredibly easy. In order to better understand this online payment method, well cover:
- What exactly is interac and where is it from?
- How does it work and how can I benefit from it?
- Are there any fees to be concerned with?
- Interac e-transfer can be used with over 200 financial institutions
- Only deposit instructions and notifications are sent via email and text, not deposits
- Users can simply log in to their bank's website to send real money to an online canadian casino
From inception to where it is today
Interac association, the company that provides this payment service, was incorporated in 1984 through a consortium of five large banks in canada, namely CIBC, scotiabank, royal bank, la confédération des caisses populaires et d'économies desjardins du québec, and TD bank. These banks wanted to form one unified national collective network that would allow locals to withdraw real cash from machines anywhere in canada. This is when 5 more members joined the group and launched interac cash and interac debit.
Interac e-transfer is a payment service that works with the secret question/answer method. Basically, you are going to send money to the recipient using nothing but their email address. While you do this, you are going to pose a simple question and in order for them to get the money credited to their account, the correct answer has to be provided. Another thing that you might want to know is that the option is attached to your bank account by default as all canadian banks take advantage of it. This means that you don't have to go through the hassle of setting up new accounts and going through complex verification processes.
When it comes to the secret question and secret answer, you should know that different casinos operate in various ways. Some are going to tell you exactly what questions to ask while others require the answer shortly after you've sent the payment so that they can get the transfer credited. Interac e-transfer is the preferred choice of many gamblers as it provides them with tons of convenience.
How to fund your accounts
Interac e-transfers are by far one of the most commonly used options for players to fund their casino online accounts with canadian dollars. They are incredibly safe and secure and you eliminate the middle man as well. You're more or less using the security provided by the entire canadian banking system, so you can rest assured that your funds are not going to fall through the cracks at any point. Depositing and withdrawing real money with interac e-transfer is simple, as described in these steps.
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Yes, it’s legal to play at an online casino in canada, provided the casino is located offshore. The issue becomes a little more complicated when you take into account different provincial and territorial laws in canada. The country’s gambling rules differ according to the province in question, so it’s well worth reading up on canadian gambling laws before you play.
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Online casinos that accept E transfer
Online casinos that accept e transfer is just one of the many choices you have to play your favorite game online. Most people don’t realize that they can actually get an online casino to accept e money transfers over the internet. Not all casinos are going to do this, but there are a few online casinos that will allow you to use this option if you want to.
The reason why you might want to use this service to transfer money is because it makes it so much easier for you. The reason why you may want to get an online casino to accept e money transfer is because it’s an easy and simple way to play the games you want to play. This is actually one of the main reasons why so many people prefer to play these games online instead of playing in real casinos.
If you think about it, most of the online casinos you find online are offering an option to play these games online without having to deal with the hassle of dealing with the casino itself. This means that you’re going to be able to enjoy the games you play even if you don’t have time to go to the casino on a regular basis. So many people prefer to play these games online because they don’t need to worry about the inconvenience of dealing with the local casinos.
Another reason why online casino’s will allow you to accept the transfers is because of the amount of money that can be transferred over the internet. You’ll be able to transfer money to your friends as long as you have their e-mail address or credit card number. When you’re trying to send money to another person, there are a few things you need to keep in mind, however, because some of them do not work properly when it comes to e-money transfers.
The biggest problem with e-money transfers is that many of them do not work very well. The reason why is because most of the websites that offer these services do not offer a lot of security measures when it comes to the transfers. The main reason why e-money transfers are so easy to accomplish is because they don’t involve dealing with credit cards or even paypal accounts.
The best thing to do if you want to transfer money online is to make sure you check the website out thoroughly before you decide to use them. It’s best to look at the security options that are offered by the online casino that you plan to use, as well as the amount of money that they will allow you to transfer. This will help you avoid getting scammed, and help you to ensure that you do business with someone who is going to be reliable.
Bank transfer
Bank transfers are the most common deposit method for online casinos. For secure, fast and in some cases instant transactions, they suit both casino and player. This page will explain the advantages and disadvantages of bank wire transfers, and most importantly, list the best casinos with direct bank transfer deposits and withdrawals.
Top bank transfer casinos
Bank transfer overview
A bank transfer or wire transfer is a way to transfer funds from one person or institution to another. As opposed to other e-wallet payment methods, bank transfers are carried out by banks, institutions that are renown for their experience and the safety of their vaults. Wire transfers are a sure way to deposit and withdraw funds on online casinos. Yet, this process sometimes involves processing fees and significant waiting times. This article will give you all the information you need to know on using bank transfers on online casinos.
Bonus
There are usually no specific casino bonuses given to players who deposit and withdraw money on online casinos with wire transfer. However, because this is such a popular and widely-used method, deposits are, of course, eligible for casinos’ generous welcome bonuses. For more information, feel free to check out the list of wire transfer casinos above, compare their bonus conditions and get ready to play.
SEPA bank transfers
SEPA is short for “single euro payments area” and is the name of cross-border euro bank transfers as regulated by the EU. The goal with SEPA is to make cross-border euro transfers within the EU equivalent to domestic transfers within a single country.
The countries that use SEPA are the eurozone (countries within the EU that have the euro currency) and a few other countries which also support euro bank transfers.
SEPA cross-border transfers are supposed to be charged like domestic transactions, and there should be no fees for accepting money. In general a SEPA transfer should not take more than 1-2 bank days.
ACH transfers
An ACH transfer moves money between banks through the automated clearing house network – one of the biggest U.S. Payment systems. ACH transfers are typically cheaper than wire transfers, but can take several bank days as they are processed by a network operator in batches just three times per day.
Many third-party payment providers use the ACH network, probably due to the low fees, and the slow processing time is now being addressed with efforts to make same day delivery possible.
Advantages
Bank transfers are certainly one of the most popular deposit and withdrawal payment method on online casino. Looking at the list of its advantages, it becomes easier to understand why:
- Simplicity: e-wallet services usually require the creation of a new profile, a personal information form, a confirmation email and many other administrative steps… if you already have a bank account, then no need to worry, you are all set to start playing on your favorite wire transfer casino!
- Safety: because wire transfers are overseen by renown financial institutions, they are a very safe way to transfer funds in and out of a casino.
- Privacy: wire transfers do not require sharing any personal information with an online casino and is therefore a great way to keep your privacy as an online player.
- Availability: one of the most important advantages of wire transfers is certainly that they are available as a deposit and withdrawal method on most online casinos.
Disadvantages
However, even if wire transfers present a lot of advantages, they also have some downfalls that are important to consider:
- Waiting times: wire transfers are one of the payment methods that require the longest waiting times (along with credit cards transactions). Withdrawing your winnings with a wire transfer could take between three and seven working days, whereas withdrawals carried out with e-wallets are quasi instant.
- Banking fees: as wire transfers are overseen by banks, they usually involve significant processing fees. Feel free to get in touch with your bank to learn more about this process.
- Banking details: yes, wire transfers are more anonymous than e-wallets because they do not require any name or email address. However, sharing your banking information could also come with some risks such as online fraud.
To avoid scams, make sure to check out our casino reviews.
Online casinos usually do not charge any fee on wire transfer deposits and withdrawal. To be sure, it is heavily recommended to read a given online casino’s terms and conditions.
However, many banks charge fees for sending and receiving funds through wire transfers. As the amount and structure of the fees largely depend on your bank’s and the casino’s geographical location, it is impossible to come up with a definitive answer in a single article. Reaching your bank’s customer service is the best way to clear any doubt you may still have.
Currencies and availability
In contrast with e-wallets, bank transfers are not limited by a given sets of currencies or countries. Because banks work closely with one another, they can easily convert any currency into any other. However, this process sometimes involves marginal conversion fees. The only limits to the availability of wire transfers depend on casinos themselves that might have certain country limitations.
Creating a bank account
Wire transfers only require a functioning bank account in an active bank. Bank accounts can be created in a few days (depending on the bank and country) by reaching out to a financial institution. Every bank has its own way of doing things, but usually, you will have an appointment with an adviser to find the best banking solution for your situation. You may also be able to apply online. Opening a bank account is not usually a quick process however.
Funding account
To carry out a wire transfer, you must have a funded bank account. Money can be deposited in a bank account in the form of cash, or with a wire transfer from another account.
Depositing
Depositing funds with a wire transfer is a very simple process.
- Login to your account at your favorite online casino
- Go to the deposit tab
- Select wire or bank transfer as a payment method
- Determine the amount you would like to deposit
- Follow the instructions given by the payment terminal (that will ask you for your banking details)
- After a given waiting time, you will be able to start playing!
Withdrawing
Just as depositing, you will be able to withdraw your winnings with a wire transfer in a few steps:
- Login to your account at your favorite online casino
- Go to the withdrawal section
- Select wire or bank transfer as a payment method
- Determine the amount you would like to deposit
- Follow the instructions given by the payment terminal (that will ask you for your banking details)
- After a given waiting time, your earnings will be visible on your account balance
Security
What is important to keep in mind with wire transfers is that they are overseen by banks, institutions that have been taking care of people’s money for hundreds of years. Wire transfers are, therefore, one of the safest payment methods around. However, there are a few important details to keep in mind.
By making a wire transfer deposit, your transaction will be anonymous, yet, you will have to share your banking details with an online casino. This type of personal data could prove to be rather sensitive. Therefore, before making a wire transfer, it is heavily recommended to make sure that the casino you deposit money on is trustworthy.
Support
If you ever need any support in the process of depositing, withdrawing or searching for more information, feel free to reach out to your bank through your favorite medium, be it phone, emails and live chats. The quality of the support you will receive will ultimately depend on the bank you have chosen.
VIP program
Each bank will have its own way to reward its users for their loyalty. However, most of the time, banks do not attribute loyalty points for wire transfers. This is certainly not the case with credit card transactions.
Using interac e transfer at online casinos
The high demand of canadian e transfer casinos that accept interac.
If you live in canada and utilize the internet on a regular basis, you’ve probably heard of the security-driven online banking method known as interac. It’s not a bank, nor is it a standard payment processor. It’s a fast and ultimately safe e transfer facilitation program established by the nation’s largest banks to help protect their members.
Interac has been around for decades. It was founded as a non-profit inter-bank network in 1984 by five of the country’s most prominent banks, RBC, CIBC, scotiabank, TD and desjardins. The idea was to create their own inter-banking debit card system, necessitated by the fact that canada’s economy was simply too advanced in those days to attract other major card brands like visa and mastercard.
Over the years, interac has developed into a mass-market payment system used by millions of canadians. In 2010, the organization submitted a request to become a for-profit company, but the federal competition bureau rejected the application. To this day, interac is the cheapest, fastest and easiest way transfer funds and make purchase over the internet.
Interac e transfer at online casinos
Like traditional internet merchants, online casinos accept payments over the world wide web. They are simply another form of e commerce. So it makes sense that players who are familiar with this payment method would be keen on facilitating an e transfer with interac.
In that regard, there’s both good news and bad news. The good news is that highly reputable interac online casinos do exist. The bad news is that there aren’t very many of them. They are, in fact, quite rare.
The problem is that interac is not an international payment method. It is networked exclusively by canadian financial institutions. Thus, of the thousands of internationally regulated online gambling websites, only a few accept interac e transfers. And when I say few, I mean very few. I can count them on my fingers.
The most famous are bodog casino and slots.Lv. If you want to bet on sports, you can try bodog sports, while bingo fans can look for their lucky number on bingoville. Note, however, that these sites are all licenced in antigua and barbuda, where regulations are lax.
The websites themselves are reputable, but should a player have a complaint, the regulatory authority does not offer mediation. You’re generally better off with a reputable operator like leovegas or royal vegas, regulated in distinguished jurisdictions like isle of man, malta or the UK. These sites don’t currently advertise interac deposits, but you can always try contacting customer support to see if interac e transfers are an option, and if so, how to set them up.
Canadian e transfer casinos that accept interac
There’s more good news, though. All of canada’s homegrown online casinos accept interac deposits. Their game variety is more limited than international sites, but they are a safe, secure and well regulated option. The following gaming sites, and their respective jurisdictions, are listed below. Note that only players physically located in those jurisdictions are eligible to play for real money.
Website | jurisdiction(s) |
ALC.Ca | new brunswick, newfoundland and labrador, nova scotia, prince edward island |
espacejeux.Com | quebec |
hpibet.Com | northwest territories, nunavut, ontario, yukon |
playnow.Ca | british columbia, manitoba |
playolg.Ca | ontario |
How does an interac casino e transfer work?
To use interac for e transfer casino deposits, all you need is an interac PIN. To receive one, you’ll need an account with any of canada’s participating banks. Don’t worry, if you have a bank account in canada that offers an online banking model, odds are you have access to interac. It’s linked to all big five banks, desjardins, national bank, president’s choice financial, tangerine and most credit unions, as well as some other financial service providers.
There are more than 250 of them in all. You can find a complete list here, or just log into your online banking account and look for the interac logo. Press on that link, and you’ll be able to set up an email address (for receiving money) and a PIN (to send money).
With that out of the way, using interac becomes a relatively simple, and wholly secure process. These aren’t like traditional online casino deposits, where you enter some info and press a button. There’s a little more work required, but that little bit of extra work translates to a whole lot more security and peace of mind.
Plus, interac is almost always a free service. The $4.00 fee is generally passed on to the recipient (i.E. The online casino). Rarely does an operator, or any online merchant for that matter, pass that cost on to the customer.
How to deposit with interac E transfer
The process may vary at different gambling websites, so take these instructions with a grain of salt. To start, log in to your online casino account and navigate to the cashier’s deposit section. Choose interac e transfer as your preferred deposit method. Here, you’ll be given brief instructions to complete the transfer.
You may actually be required to set up the deposit through your online banking service first. Or, the casino may want you to start the process on their end. Either way, you will need to do two things. You’ll first select a security question and answer, and then you’ll provide the recipient (the casino) with the answer to that question. The instructions provided by the casino will help you do this.
Once the payment process is started, your bank will send an automated message to the casino, either via email or mobile text message. The message will contain your chosen security question. The casino will then have to reply to that message with the correct answer, previously supplied by you. With that done, the transfer will be complete, and the funds will be available almost instantly in your casino account.
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So, let's see, what we have: count on interac E-transfers for the best online casino deposits. Read our reviews of the top canadian interac sites in 2020 and play with peace of mind. At online casinos that accept e transfer
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