UseMyFunds is the new name given for a payment method that used to be referred to as UseMyBank. This popular online payment system enables online casino players to make deposits into their accounts quickly, securely and conveniently, meaning they don’t have to wait around for the money to arrive in their account and have to delay playing all their favourite games.
It is important that a player has an account with a bank that participates in the UseMyFunds scheme, otherwise they will not be able to use and take advantage of this type of payment method. The banks that are a member of the UseMyFunds system are located in one of the following countries – the United Kingdom, Switzerland, Sweden, Poland, the Netherlands, Mexico, Germany, Canada, Belgium, Austria and Australia.
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18 +, T&C's Apply, Please Gamble Responsibly.
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What is a main attraction of this online payment system is the fact players are not required to sign up to the UseMyFunds network. Instead they can use the system without being an official ‘member’.
Players need to choose the UseMyFunds option on the payment’s page of a casino site that offers this method of payment. They will need to put in how much they would like to deposit into their account with an online casino. The player will then have to select the bank they have an account with and fill out the required information. When the payment has been submitted and the transaction authorised, the funds will be taken from the player’s bank account and immediately appear in their casino account.
The most obvious advantage of using this system is the fact it provides players with a convenient, safe and instant way to transfer funds in a casino account. However, one downside to this payment system is the fact that unless you’re based in Canada, you will not be able to make withdrawals using UseMyFunds.