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Ryan Spencer 4 Min Read

UseMyFunds is a Canadian payment method that provides an alternative to online credit card payments by enabling its users to pay for goods and services using their online banking.

Although it is not as famous as other payment methods such as PayPal or Neteller, UseMyFunds payments are made instantly and virtually eliminate the risks associated with ACH and eChecks. In other words, it is safe for online casino deposits.

Latest UseMyFunds Casinos 2024

Widely used in 45 countries around the globe, including Canada, UseMyFunds allow you to make online casino deposits without any fees – meaning your bankroll can be dedicated entirely for any new casinos you choose. However, to withdraw any winnings you need to rely on a wire transfer to your bank or e-wallet.

The UseMyFunds casino payment method can be very useful. Online players can enjoy the security features in the countries where it is accepted. You can even compare casinos that accept UseMyFunds before registering at one. In the meantime, have a look at a full list of the Latest UseMyFunds Casinos below:

UseMyFunds Short Facts

Currencies 20+.
Security Encryption and Standard Security Protocols.
Transaction time Instant.
Min. Transaction €/C$/£10.
Deposit Fee No.
Withdrawal Fee May be applicable.

Advantages of UseMyFunds

Secure and anonymous

UseMyFunds not only offers safe and secure transfers but also anonymous transactions. This is an extra for those who are more sceptical when it comes to online banking.

Instant casino deposits

You can enjoy instant casino transfers while using UseMyFunds! All the transactions are immediately available in your account!

Accepted in 45 countries

Although it is not as famous as other payment providers, UseMyFunds accepts more than 40 currencies. For sure you’ll find yours here!

Disadvantages of UseMyFunds

No withdrawal available

Unfortunately, UseMyFunds does not offer withdrawal to its customers. You’ll have to explore some other options to cash out your casino winnings.

Requires a valid bank account

To use UseMyFunds, you must hold a bank account at one of their partner banks around the globe. Otherwise, you won’t be eligible for registering for one with the company.

How to get a UseMyFunds Account

You don’t need to set up an account to use UseMyFunds. You need a bank account from one of their bank partners. That done, simply start using your card partnered with UseMyFunds!

How to Deposit at a UseMyFunds Casino

To deposit at any UseMyFunds Casino, first, be sure that this payment method is accepted by the new online casino. After that, go to the Cashier page on the casino and select UseMyFunds as your new favourite banking option!

Just a few easy steps to deposit at a UseMyFunds Casino:

  1. Go to the Cashier page on the casino.
  2. Select UseMyFunds as your preferred online casino deposit method.
  3. Enter your personal information.
  4. Enter the amount to be deposited.

How to Withdrawal With UseMyFunds

Withdrawing with UseMyFunds is a hassle. In fact, you must hold a Canadian bank account, open a buyer account with UseMyFunds and get approved for Pre-Authorised Debit (PADS). So, well, withdrawals are not available!

Safety and Security

UseMyFunds does not have a particular license. The company is based in Toronto and ensures that players have the best at safety and security while making online transactions using their service.

UseMyFunds works under strict standard banking security protocols and oversight, which are layers of protection provided by your bank to prevent fraud, identity theft, amongst other cybercrimes.

UseMyFunds Requirement

UseMyFunds is available in quite a few countries and requires that its users meet some requirements. Several documents may be asked when depositing with UseMyFunds. This is to guarantee more security to your online transactions.

UseMyFunds FAQs

New Casinos FAQ1. Why use UseMyFunds at new casinos sites?

UseMyFunds is a reputable and safe online casino payment method. It is accepted in several countries and charges no fees for deposits!

2. How to deposit in a UseMyFunds casino?

First, you need to make sure your favourite new online casino accepts UseMyFunds as a payment option. That done, simply select it as your deposit method and fill in the required information.

3. Is it safe to use UseMyFunds in an online casino?

Absolutely! UseMyFunds partnered with some banks and uses the standard banking security protocols to protect your account and prevent any type of fraud!

4. Are there fees for using UseMyFunds?

None! To deposit into your casino account using UseMyFunds, no fees will be charged.

5. Which casinos accept UseMyFunds?

UseMyFunds is becoming more popular amongst casino players. Casinos like Casiplay, Billion Casino and Winner 365 are some of the online casinos that accept UseMyFunds.

6. What are the best alternatives to UseMyFunds?

If you reside in a country that does not accept UseMyFunds or want a more flexible casino deposit method, take a look at other options such as Paysafecard, NeoSurf, Skrill or Trustly. All of them are great options to top up your online casino account too.

+4 Years Experience
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Casino Payment Specialist 97 Articles
Ryan Spencer stands out as an expert Casino Payment Specialist, deeply versed in the nuances of online casino payments. He's an authority on a range of payment methods, ensuring players can effortlessly handle deposits and withdrawals. Ryan is dedicated to offering secure and convenient transaction solutions, keeping abreast of the latest industry trends and technologies.
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Nationality British
Lives In Birmingham
University University of Birmingham