UseMyFunds was previously known as UseMyBank and is a service that enables players to use their bank accounts as a payment method without needing to disclose their banking details. This payment processor is fast, easy to use and secure, plus it can be used by players who have bank accounts at a number of banks in 11 countries.
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Before you can use UseMyFunds, you’ll need to have a bank account with a participating bank. The biggest banks in countries such as Australia, Belgium, Austria, Mexico, Germany, Poland, the Netherlands, Switzerland, Sweden and the UK accept UseMyFunds to fund transactions at online casinos. To find the full list of participating banks in individual countries, head to the UseMyFunds website.
You don’t need to sign up or register an account with this payment service before you can use it to deposit. If your bank allows this type of payment, you’ll be able to use UseMyFunds straight away. Find the cashier area of the online casino and choose UseMyBank or UseMyFunds from the list of depositing methods and enter the amount you’d like to deposit into your account. You’ll then just need to choose your bank and enter your bank account information. Your bank processes the transaction and your information is protected by SSL encryption on UseMyFunds’ servers, so you can be sure that your details will stay safe. You won’t need to pay any fees or charges to UseMyFunds when making payments at online casinos.
Currently, this payment method can only be used for withdrawals if you’re living in Canada and have an account with an eligible bank. The sign-up process is lengthy and can be complicated, plus you’ll need to pay a fee for every withdrawal. For this reason the majority of players will need to find another way to withdraw from their online casino account by checking the cashier or help pages of the casino site.
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