Bank account for e-Gaming companies

Security and user-friendliness play an important role in all aspects of your payment portal. For your own effectiveness, the level of integration and maintenance effort also is an essential factor. This means finding the right combination to achieve maximum coverage and customer satisfaction with minimum risk and cost.

Gambling operators should implement payment systems that are flexible enough to accept payments in every region and currency that they operate in, allowing players to make transactions in their own currency, use their native languages, and make use of their usual mechanisms, such as e-Wallet, credit cards, PayPal and others. Where you can, give customers who are reluctant to pay with their personal credit/debit cards easy alternatives.

There are many financial services operators offering packages. Some of these appear to be quite effective and comprehensive. We have had several years of experience in selecting the right one to fit specific modes of operations in different geographic areas as well as the type of operation, and are here to guide you in making the best choice – talk to our representatives before making any final decisions.

We will find and locate the best banking solution for your business based on your business activities and requirements. It makes no difference whether your company is a start-up or well-established in the business world, we will try to locate a bank account format that is suited to you.

Companies that deal in the online gaming industry such as casinos, bingo, poker, lottery messenger and such, are faced with various challenges when it comes to banking and clearing solutions, as many of these financial institutions overload these companies with all sorts of obstacles when it comes to opening a bank account. Read more information on bank accounts for startups .

Mainstream banks consider gambling businesses high risk and either reject gaming clients or make it extremely hard to open an account. The few gambling-friendly banks that do exist include Standard Bank on the Isle of Man; Global Bank of Commerce and North International Bank in Antigua; Heritage International Bank in Belize and the Bank of Valletta in Malta. We have connections with several gambling-friendly banks, including EMIs and digital banks. If you are finding it difficult to open an account for your gaming company, we can recommend the right bank for your business depending on your jurisdiction, budget, and the financial services you require.

While most mainstream UK banks avoid the gambling industry there are a few that offer business banking for gambling companies. When applying for a business bank account in the UK , most banks will accept only UK registered gaming companies with valid proof of UK residency. Other UK banks are willing to accept international companies but not always with full account functionality. All applicants will have to pass regular identity and anti-money laundering checks. To avoid having your application refused, consult with us about the best UK banks for gaming companies.

Getting a business bank account for a gambling business can be challenging. Most financial institutions reject clients from high-risk industries but a legitimate gambling business must have a merchant account and a business bank account. To open a business account for a gaming business there are unique requirements. The best bank account for gambling businesses must be able to receive money from the business’s merchant account; accept multiple currencies; allow online banking; provide a debit card and multiple signature rights to the account. If you don’t succeed in opening a business bank account for your gambling company we can help guide you through the process.

The payment service provider, Valyuz is regulated by the Bank of Lithuania and offers personal and business accounts to clients around the world including gaming companies. A Valyuz business account includes virtual IBANs and the ability to send and receive funds in more than 35 currencies to 212 countries via ACH, SWIFT, SEPA and more. With a Valyuz account, there is no exchange fee for currency exchange. With a Valyuz business account, you can get a prepaid debit card and make mass payments. There are different fee categories depending on the jurisdiction of your company and the industry you work in. Valyuz accepts clients from high-risk industries such as gaming, Forex trading, CBD and tourism.