Scotiabank is one of the most popular Canadian Banks and also the oldest among the big five financial institutions, which includes Royal Bank of Canada, Bank of Montreal, TD Bank and Canadian Imperial Bank of Commerce. The bank was established in the year 1832, which translates to over 180 years in the banking industry.
It is one of the first banks to create restricting policies towards offshore online gambling transactions in Canada. You should not give up hopes because there are other ways you can use to top up your casino account.
Here is a list of Scotiabank online casinos that offer exemplary gambling services and games from leading software developers. These game providers are licensed and provide both welcome and deposit bonuses. We guarantee that your gambling experience on these platforms will be worth your time and money.
TOP Scotiabank Online Casinos List
What Is the Official Position of Scotiabank Online Gambling?
Scotiabank describes its official position regarding online gambling through its booklet companion, Day-To-Day Banking. According to the document, the bank declares its authority to close a personal account or terminate services without notification in the event they suspect illegal, unauthorized or fraudulent transactions, including unlawful internet gambling.
The only online gambling transaction the bank can process is for betting websites that are regulated by the province and run by Crown Corporation. It is virtually impossible to make deposits and withdrawals to and from Scotiabank casinos using your bank account via credit or debit card and Interac eTransfer.
Scotiabank Casino Other Payment Methods for Deposits and Withdrawals
Since there might be online gambling transaction restrictions, then it is good to be more creative with your money. You have the option of using secondary or intermediary services such as instant banking and e-wallet.
The best you can use your bank account money to gamble in Scotiabank gambling sites is through alternative payment methods. Some of the intermediary options listed below may not be available to all Canadian players. Gamblers will have to choose the convenient and inexpensive ways of topping up their Scotiabank visa casinos accounts.
Scotiabank to Interac
Interac is one of the popular money transfer facilitators in Canada. Through this service provider, Canadian players can access Gigadat online payment solutions. Using this alternative method, you can only use Interac e-Transfer to access your bank account. You can add funds to your Scotiabank visa online gambling account using INTERAC, and it offers instant and secure online transactions.
Scotiabank to Neosurf
Cardholders in this bank are not restricted from using their Visa or MasterCard from buying prepaid cards, which can later be moved to a casino account. With a Neosurf account and a prepaid voucher or card, you can deposit in any online Canadian casino with real money from your bank account. You can still use this method to transfer your Scotiabank visa gambling winnings to the bank.
Scotiabank to PaysafeCard
PaysafeCard offers prepaid online payments mainly in the form of vouchers, which come with a 16-digit PIN code. The only information Scotiabank, credit card casinos, will only request at the checkout is your Paysafecard PIN. It is perhaps the simplest and most secure way you can use to deposit funds into your casino accounts with money from your bank account.
Scotiabank to Bitcoin
Due to risks and regulatory factors, Scotiabank online Canada does not allow the purchase of Bitcoins using their credit cards. Therefore, you can use your debit card for Scotiabank credit card gambling activities, such as purchasing bitcoins for use in cryptocurrency casinos.
Scotiabank to ecoPayz
Ecopayz is one of the most popular electronic wallet service providers in Canada. Canadian gamblers can take advantage of the opportunity of using their ecoAccount e-wallets to fund their gambling activities with money from their Scotiabank personal accounts.
In case you do not wish to display any of your personal or financial information, ecoPayz also offers rechargeable prepaid and one-use virtual cards such as the ecoCards and ecoVirtualcards, respectively.
Scotiabank to Instadebit
InstaDebit deposit offers a secure gateway between you’re the bank and Scotiabank online casinos. This payment method allows the players to complete their transactions through a free and temporary account or complete and verified account. The importance of verifying your bank account with InstaDebit is to enable you to raise your spending limits.
Scotiabank to IDebit
Canadian players are free to try out IDebit, which offers electronic wallet services. You will have to deposit funds in your e-wallet from your bank account before you can deposit in any of the Scotiabank casinos that accept IDebit payments.
Vanilla Gift Card
Similar to Neosurf, you can buy Vanilla Visa Gift Cards with Scotiabank Visa or Mastercard. This option is suitable for use in Scotiabank visa casinos and platforms that MasterCard gift cards. Most Canadian players recommend the use of Mastercard branded Vanilla cards.
Pros and Cos of Scotiabank online casinos
- Safe and secure money payment methods
- Instant online transactions
- A large collection of casino games
- Decent welcome and deposit bonuses
- A variety of banking options
- Cash advance charges and other hidden fees
- Translations and accounts being blocked
The official position of Scotiabank – they do not allow direct online gambling transation. But you can use additional services to gamble with Scotiabank.
Yes, you can deposit to online casinos with Scotiabank, but make sure you use the bank’s debit services because credit card holders are restricted from internet gambling and crypto purchases. Most Canadian gamblers would prefer the listed alternative payment methods.
Scotiabank is a trusted and respected member of Canada’s Big Five banking institutions. Therefore, you can use any of the payment methods discussed here to fund your gambling activities.
Taxes and fees depend on the terms and conditions of the Scotiabank gambling parties. In most cases, they are minimal charges to your account. Expect to pay for annual fees, maintenance fees, and transactional fees.