Bank Accounts for Gambling Companies — matching licensed operators

Bank accounts for licensed gambling companies is a service that matches licensed operators with banks and EMIs that work with the gambling sector and prepares their onboarding file. It is intended for gambling companies that need merchant or EMI accounts to receive player deposits and make payouts.

Matching, onboarding and Key parameters

Providers are selected based on the company’s licence, verticals, volumes and currencies. The service prepares a complete onboarding file to each provider’s checklist. Account types include merchant and EMI accounts linked to the company’s payment providers. Required documents include the certificate of incorporation and registration, articles of association and governance structure, proof of identity for all directors and authorised signatories, the gambling licence and the regulator’s register entry, and AML/KYC and responsible gambling policies. Processing time depends on the licence jurisdiction: Romania (National Gambling Office) 8-12 weeks for Class II, Malta (Malta Gaming Authority) 4-6 months, Curaçao (Curaçao Gaming Authority) 3-5 months, and Anjouan (Anjouan Offshore Finance Authority) 4-6 weeks.

Onboarding file and source of funds

The onboarding file assembles corporate documents, director and signatory IDs, statements and references. The service includes a source of funds narrative that explains where the company’s funds come from and the transactions expected. Review support helps answer the questions banks raise during onboarding and periodic reviews.

Holding company for offshore licensees

For offshore licensees that need it, the service can set up a holding or operating company inside the EU banking area to hold and manage the accounts.

Gambling companies with a valid licence that need payment accounts receive a matched shortlist of banks and EMIs, with the onboarding file prepared for each one.