ONLINE BANKING OPTIONS FOR CANADIAN CASINO PLAYERS

For Canadians wishing to play at any of the great online casinos that welcome their virtual patronage, there is one consideration that initially trumps all others; which payment option they can use to finance their account. Secondly, but also as important is which withdraw options would then be available to them when lady luck favors them (as it hopefully will) and they would like to withdraw some of their winnings.

Credit cards are still the most utilized source of payments for deposits, and many now also allow you to withdraw funds onto the credit card, which hasn't always been an option in the past. For those without credit cards or who don't wish to expose their card information online, there are plenty of other options available. First are direct debit options like iDebit and UseMyBank, which take funds directly from your Canadian bank account and deposit it into the casino. Another attractive form of payment are pre-paid debit cards, like Ukash and Entropay. These cards eliminate any security threat and are an attractive option for anyone who doens't want any financial information exposed online. Lastly are online payment processors like Paypal, which also allow you to fund your account via credit card or bank account, or through existing funds in your account with that site.

Withdrawal options aren't quite as plentiful unfortunately. Pre-paid debit cards are out, as they cannot have money transfered to them. iDebit and UseMyBank are also unavailable as withdrawal options. Players can however use credit cards, or other online services like Click2pay or ClickandBuy to withdraw their funds. Note that you'll likely need to confirm your identity and address before you'll be able to successfully withdraw funds, so be sure you have all of the required documentation beforehand.

Note also that different payment options have different minimum and maximum deposit and withdrawal limits, which may further limit your choices somewhat. In general however, each option should be suitable for most transactions.

Of course, while many online casinos largely offer the same selection of payment options, not every site is created equal when it comes to the speed at which they process transactions. That should be an important factor in determining which site to play at, in addition to the level of their customer service, should any banking problems arise. Also make sure to pay attention to any potential bonuses some sites may offer for using certain payment options.