Canadian Banks That Accept Online Casino Payments in 2025

It’s common for Canadian players to face issues when making bank payments to online casinos. So it’s important to find banks that support such transactions. Our team tested more than a dozen banks in Canada to find the best options for our readers. We’ll share our list of the best Canadian banks that allow online gambling with offshore operators, the best Canadian casinos accepting bank payments, and much more.

Why Use Canadian Bank Transfers for Online Gambling

All Canadian casino bank transfers are done through networks such as Interac, providing players with a centralized platform that works across multiple accounts. This payment method offers a number of benefits when making casino deposits, such as:

• Secure Payments. Interac uses tokenization and encryption technologies to make sure that your sensitive data remains secure when making online casino transactions. They also have a zero liability policy, protecting you in the case of fraudulent activity.
• Availability. Interac is available for deposits and withdrawals at almost all reputable Canadian casino sites, making them a convenient option for players.
• Withdrawal Speed. Most withdrawals are processed within 24 hours, making it easy to cash out your winnings.

Our Top Canadian Bank Casinos

After evaluating more than 55 casinos that accept Canadian bank transfers, our experts compared the data to create their definitive top 5 list. Take a look at our mini-reviews below to learn more about each site:

Best Canadian Casino-Friendly Banks – The Big Five

The majority of Canadian casino players use one of the country’s “Big Five” banks for their online payments. So, to help you identify the Canadian banks that accept online casino payments, we’ve tested each option at a variety of offshore and local casinos.

Bank of Nova Scotia (Scotiabank)

While testing Scotiabank, we found that it was very strict with offshore payments. All deposits to these casinos were blocked, forcing us to use other payment methods to fund our accounts. Payments to government-run casinos were processed without issue, so we’d recommend only using Scotiabank for these gambling sites.

Bank of Montreal (BMO)

The Bank of Montreal was generally accepting when making deposits to overseas casinos. Most of the deposits and withdrawals at these sites went through without a hitch, which was definitely a positive. We found that the payments were being blocked to some of the lesser-known casinos that don’t have an established reputation, so proceed with caution if you’re playing at one of these sites.

Canadian Imperial Bank of Commerce (CIBC)

During our research, we found that the CIBC is a solid option for both local and offshore Canadian casinos. Making deposits at these casinos was easy; the only hiccups we encountered were when we made deposits to less-established casinos. While withdrawals from local casinos went smoothly, we did encounter multiple issues when withdrawing from offshore sites, forcing us to use alternative payment methods.

Royal Bank of Canada (RBC)

As one of Canada’s biggest and most trusted banks, the RBC rarely allows payments to offshore casinos. We found that most deposits to these casinos would be blocked, severely limiting our options.

Toronto-Dominion Bank (TD Bank)

Our experience testing payments to offshore casinos via TD Bank was a mixed bag. At some casinos, we could deposit and withdraw without issue, while at others, we were blocked from making a deposit. Having tested multiple sites, we believe that the key factor in payment success is the reputation of the site; the more established it is, the better chance you have of your payment succeeding.

How to Deposit at Online Casinos Using Canadian Bank Transfers

Making a deposit via your online banks that accept gambling is a simple process that often takes less than 60 seconds to complete. To help get you started, we’ve provided a helpful walkthrough that you can follow below:

1. Log into your online casino account.
2. Go to the Cashier section.
3. Select the Deposit option.
4. Choose Interac from the list of available payment methods.
5. Enter your deposit amount.
6. Choose your bank from the list of options.
7. Complete the authentication process to complete your payment.

After the payment has been verified, it will be instantly credited to your casino account.

How to Withdraw Using Interac at Canadian Online Casinos

Cashing out your winnings with Interac is just as easy as making a deposit; check out our step-by-step guide to make your first withdrawal:

1. Log in to your casino account and go to the Banking page.
2. Select the Withdrawal button.
3. Choose Interac as your preferred payment method.
4. Enter your withdrawal amount in the space provided.
5. Check that your payment details are correct and confirm the transaction.

Most casinos will try to process your payment within 24 hours, but some sites can take up to 72 hours to approve your withdrawal.

Limits and Fees of Canadian Banks That Allow Online Gambling

One of the main benefits of using Canadian banks that support online gambling transactions is the lack of payment fees. Your bank will not charge you for making deposits or receiving payments, letting you keep 100% of your funds. However, some real money online casinos have a surcharge for all incoming and outgoing transactions, so check your site’s fee policy before signing up.

Based on our experience, the minimum deposit limits for Interac payments are usually around $10, while the maximum limits cap out at $10,000. This wide range makes the payment method accessible to low-budget and high-roller players.

Pros and Cons of Using Canadian Bank Payments at Online Casinos

We’ve seen that there are many benefits that come with using Interac to make online casino payments, but there are some downsides to consider before making your decision. To give you all the facts, we’ve highlighted the key pros and cons of this payment method in the table below:

Tips for Safe and Smooth Online Casino Banking

To make sure your online casino banking experience is as pain-free as possible, our experts have provided some helpful tips that will keep you safe while you play:

• Only Play at Licensed Casinos. Online casinos with a valid gaming license from a reputable authority are held to a higher standard of player safety and game integrity. All of the casinos listed on this page are regulated by a known gaming authority. For your safety, we recommend that you only play at licensed casinos.
• Understand Your Casino’s Fees & Limits. Each casino has its own unique policy for payment fees and transaction limits. Some sites offer $1 deposits and don’t charge fees, while others have a minimum limit of $20 and charge a 3% fee for each payment. Read the T&Cs of your casino to understand the minimum and maximum transaction limits for online bank transfers, and prepare yourself for any fees that you will be charged when making a payment.
• Use Responsible Gambling Tools. All of the best Canadian bank-friendly casinos will offer responsible gaming tools that give you control over your access to real money gambling. Features such as deposit limits put a cap on the amount you can spend in a day, week, or month, making it easier to play responsibly. We recommend that you set up these payment limits after creating your account, as they’re the easiest way to stick to your gambling budget.

Alternative Payment Methods When a Bank Declines

If you cannot use bank transfers to fund your casino account, you’ll find that there are a variety of other options to choose from. To help you pick the best alternative banking options, we’ve explored the most popular payment methods below:

• iDebit and Instadebit. These payment providers act as an intermediary between your bank and the casino. They make it easy to make deposits and receive payments to offshore casinos, and the two-layer security features keep your sensitive information secure.
• PayPal. This e-wallet offers a fast and convenient way to make online casino deposits. All transactions are secured using the latest encryption software and are monitored by fraud prevention teams. PayPal also boasts sub-24-hour withdrawals, making them one of the fastest options on the market.
• Visa and Mastercard. Two of the biggest debit and credit card providers in the world, Visa and Mastercard make it easy to fund your online casino account. They’re highly secure, widely available, and easy to use, making them a great option for Canadian players.
• Cryptocurrencies such as Bitcoin, Ethereum, and Litecoin are one of the most secure ways to make casino transactions. Payments are processed on a peer-to-peer network with no central authority, which means that your payments cannot be blocked. They also offer super-fast withdrawals, with most transactions taking less than 4 hours.

Our Verdict on Canadian Bank Casinos

To sum up, online bank payments are a great way for Canadian players to fund their casino accounts and cash out their winnings. However, there are a limited number of Canadian financial institutions that allow online gambling transactions, so it’s important to pick a casino-friendly bank. Our research shows that institutions such as BMO and CIBC are two of the best Canadian banks for online casino deposits due to their relaxed attitude towards offshore payments.

To find the best Canadian bank-friendly casinos on the market, check out the in-depth reviews from our expert team.