What is UseMyFunds?
UseMyFunds or UseMyBank as it was previously known, is a Canadian payment option that has been around for over a decade and is known amongst many users as being a trusted and recognized payment system around the globe. It provides users with a user-friendly payment interface that facilitates the transfer of funds to and from a user’s account to the seller of goods or services. In order to use the service, you must check if your bank is one which supports the payment method.
Online Casinos that accept UseMyFunds
Although UseMyFunds isn’t as widely used as other online casino payment options, there are a few that use it. If you’re looking for one that does, all you’ll need to do is search for the UseMyFunds payment logo which is typically displayed on the casino site’s payment options page. However, if you don’t have time to check out multiple online casinos on the net, we highly recommend having a look at the ones in our list which all have a fantastic array of online casino games to play. These include the likes of Blackjack online, Roulette, Craps, online Slots and tons more.
1) Sign Up to a UseMyFunds Casino
The most obvious and also most important step to using UseMyFunds at an online casino is of course signing up at a UseMyFunds Casino in the first place. In order to find a suitable one to play at you fundamentally have two options, either looking for one yourself which can take hours and hours or heading to our list of Best UseMyFunds Casinos above which have already been reviewed and rated by our online casino experts.
2) Navigate to the Payments Option Page
Once you’ve signed up at a reputable casino, the next thing you need to do is sign into your account and navigate to the UseMyFunds casino deposit page. When you’ve successfully been navigated to the page, you’ll be redirected to a page where you can select the financial institution that you want to pay from.
3) Fill Out the Form & Choose the Amount You’d like to Deposit
Choose your own bank and you will be redirected to your own online banking platform. Here it’s business as usual. Use your usual user ID and password to approve the purchase and the money will be in your casino account a few minutes later.
4) Wait for Your Deposit to Show Up in Your Account
Next simply head to the casino’s deposit page and wait until your online casino deposit shows up in your account. Once it’s there, you can go ahead and pick your favorite online casino games and start playing!
How to Make a Withdrawal with UseMyFunds
1) Login to Your UseMyFunds Account
Provided that Lady Luck has placed her hand comfortably on your shoulder while you were enjoying playing your online casino game of choice, you’ll most probably want an easy way to withdraw your winnings. If this is indeed the case, the first thing you’ll have to do is Sign in to your UseMyFunds casino account.
2) Navigate to the Withdrawals Page
Once you’re in, you’ll then need to go to your casino’s withdrawals page in order to choose the correct payment option. You’ll have to have an online bank account with a financial institute that uses UseMyFunds in the first place and be a registered UseMyFunds buyer.
3) Fill in the UseMyFunds Form
Next download the form available to register for Pre-Authorized Debit (PADS) and fill it in with all the required information. You’ll then need to send all the completed documents to the UseMyServices team by post, fax or email. The contact details can be found on their site.
4) Wait for Confirmation that all Your Documents have been Received
Next, you’ll need to wait for confirmation that your documents have arrived and been approved. You’ll know that they’ve been approved when you see two small deposits in your bank account of $1 or less by UseMyServices.
5) Wait for Your Winnings to Appear in Your Bank Account
Once you’ve done all of the above, all you’ll need to do is wait for the transfer to occur via UseMyFunds. This can take anywhere from 1-7 days.
As we’ve stated above, bankroll transfers can be easily done via UseMyFunds. Provided that you’re making a deposit to your online casino account, you’ll find that transfers will occur almost instantly. Yet, if you’re trying to make a withdrawal, you’ll have to wait a bit longer sometimes. The withdrawal of winnings can take anywhere between 1 to 7 days. UseMyFunds may not be the quickest casino payment method out there, but it’s definitely safe since everything is done through the bank. Yet, if you have patience and time to spare it’s definitely worth using.
If you’re considering using this payment method to transfer your bankroll to UseMyFunds Casinos, you might want to factor in the customer service available at the casino prior to signing up especially if you’ve never used UseMyFunds before. Well, assuming that you choose an online casino from our list, you’ll be happy to know that all the online casinos in our list have great customer service. Otherwise, you can be one hundred per cent sure that, we wouldn’t even list them there.
Does not Require You to set up a UseMyFunds Account
When using UseMyFunds, you won’t have to set up a UseMyFunds account in order to make deposits. Provided that you’re trying to cash out your winnings using this payment method, you’ll have to set a payer account though.
There’s no Need to Create an Account to Use this
Provided that you’d like to use UseMyFunds at online casinos, you’ll be happy to know that it isn’t even necessary to sign up for a UseMyFunds account. On the other hand, signing up is done in a matter of minutes and once you have an account you can always view your transaction history. If you choose to sign up you fill in a few personal details like your name, date of birth, and email address. After that you’re ready to make your first deposit at a UseMyFunds casino.
Casino Payments Can Be Made Instantly
By using UseMyFunds at online casinos, you’ll be able to make quick transactions easily and instantly.
Free Deposits Can be Made Via UseMyFunds
Making deposits at UseMyFunds casinos is completely free of charge generally speaking. However, it is always advisable to check whether your local bank charges any additional fees, which is luckily seldom the case.
Disadvantages of playing at UseMyFunds Casinos
Not All Online Casinos Allow Withdrawals Using this Payment Method
Despite the fact that UseMyFunds is hailed as being a phenomenal payment method to use prior to playing at online casinos, it’s sadly not available to make withdrawals in most countries. Only if you live in Canada and are approved for Pre-Authorized Debit (PADs) you can make withdrawals to your bank account using UseMyFunds. Authorizing your bank account for withdrawals is a bit of a hassle. You have to fill in forms and wait for a small deposit that you use (type in the amount) to authorize your bank account. If you meet the requirements and have the patience to authorize your bank account, you can also make withdrawals using the same payment method.
Funding Options are Restricted in Some Countries
In some countries, you’ll easily be able to transfer funds via a variety of payment methods such as your bank account and e-wallets like PayPal, Neteller and Skrill. However, transferring funds via e-wallet can be a bit restricted in some countries. So you’ll always have to check this first.
Not Available to Use in the United States
Although UseMyFunds has been largely successful for the most part, it is not available to US players. Online gamblers in the UK, Canada, and Australia however are able make payments with UseMyFunds. If you’d like to check whether or not you can use UseMyFunds,we highly recommend having a look at their website to find out whether or not your local bank is connected to the UseMyFunds local network.
Which countries can I use UseMyFunds in?
UseMyFunds is available to use in over 35 different countries around the globe. These include Australia, Austria, Brazil, Belgium, Costa Rica, Canada, Czech Republic, Egypt, Germany, France, Italy,the Netherlands, Poland, Philippines, Switzerland, Spain and Turkey.
Are there any fees associated with deposits?
When using UseMyFunds at online casinos, you’ll find that you won’t have any fees associated to deposits. So your bankroll can be totally used to play your favorite casino games.
How do I set up my UseMyFunds account in order to withdraw my winnings?
In order to withdraw funds from your UseMyFunds account, you’ll have to set up a UseMyFunds buyer account. To set one up you’ll need to go the payment options official site and set it up from there.
What offline alternatives can I use instead of UseMyFunds at online casinos?
Provided that you’re looking for alternative casino payment options to use at your casinos of choice, we highly recommend using Bank Wire or eCheck. If you have no idea which online casinos take the following payment method, you should take a look at our guides to Bank Wire Casinos and eCheck Casinos.
Are there any good online casino payment options I can use instead of UseMyFunds?
Yes, if you’d rather not play at a UseMyFunds casino, you should definitely try playing at online casinos which accept alternate methods of payment that are quicker and safe. A few top alternative casino payment methods we can definitely recommend are PayPal, which you’ll find at PayPal Casinos, and Visa which can be found at a plethora of Visa Casinos on the net.
Play at UseMyFunds Casinos & Start Winning Money!
As one of the first instant banking services available through the internet, UseMyFunds has garnered quite a substantial amount of users worldwide. And whilst it’s not accepted at a lot of online casinos, you will find it at a handful of them. If you’re happened to be a user of UseMyFunds, we totally recommend using this advantageous payment method at online casinos when you can.