Advantages to Using an Online Banking System

One of the newer options for funding an online gambling account is the use of an online banking system that’s integrated into the casino software itself. While individuals have been using online banking for years to keep track of their finances, it is only in recent years that third-party companies have made partnerships with major banks in order to allow vendors (including some online casinos) to process payments directly from a bank’s online banking interface.

Depositing Using an Online Banking System

One of the most attractive features of these online banking systems is the fact that there’s usually no need to sign up for a special service in order to use them. Typically, you’ll simply log into your casino account, and look for the banking system of your choice in the list of deposit options available to you.

Once you’ve selected your deposit method, you’ll generally be asked to log into your normal online banking account. Since the deposit system works directly with your bank, you’ll see everything you would normally see when using your online banking site. In some cases, you’ll need to download and install a small program to help facilitate this process the first time you use it. Then, simply follow the instructions on screen to complete your deposit. As soon as the process is completed, you should see the money in your casino account, and you can begin playing immediately.

Casinos Offering Online Banking Deposit Methods

Almost all casinos now offer at least one option through which players can use their online banking site to make deposits. The following casinos all come highly recommended, and each offers online banking deposits to their players:

  • Royal Vegas (Citadel, UseMyFunds)
  • Spin Palace (Citadel, UseMyFunds)
  • William Hill (UseMyFunds)
  • Europa Casino (Citadel, UseMyFunds)

Online banking systems offer a rare combination to online casino players: convenience and security. In most cases, you won’t have to sign up for any new accounts, and the entire process is completed in some combination of the casino’s interface and your online banking site. In addition, your funds are available for use in the casino instantly.

But these systems are also very secure. Since your bank and the payment processor are the only entities that will see your banking information, you can use these systems feeling comfortable that you’re getting the same level of security you always get when you use your bank to process transactions or make payments.

Online Banking Systems in Canada

While this type of deposit method is actually fairly common around the world, there are two in particular that are used in the Canadian market. Citadel Direct provides an online banking system used by several different online casinos which allows you to make instant deposits using the same interface you’d normally use on your bank’s website – the same site you may already use to pay bills or check up on your accounts.

Similarly, UseMyFunds (also known as UseMyBank) can be used by those who have accounts at select Canadian banks. While UseMyFunds can also be used without signing up for any special accounts, it’s recommended that users create an account at so they can have full access to all of the features available through the program.

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