1. By continuing to use the site, you agree to the use of cookies .This website or its third-party tools use cookies, which are necessary to its functioning and required to achieve the purposes illustrated in the cookie policy.Find out more.
    Dismiss Notice
  2. Dismiss Notice
  3. Follow Casinomeister on Twitter | Facebook | YouTube | Casinomeister.us US Residents Click here! |  Svenska Svenska | 
Dismiss Notice
REGISTER NOW!! Why? Because you can't do diddly squat without having been registered!

At the moment you have limited access to view most discussions: you can't make contact with thousands of fellow players, affiliates, casino reps, and all sorts of other riff-raff.

Registration is fast, simple and absolutely free so please, join Casinomeister here!

Canadian Banks refusing gambling winnings

Discussion in 'Online Casinos' started by lockinlove, Apr 15, 2016.

    Apr 15, 2016
  1. lockinlove

    lockinlove Staring into the sun PABaccred

    Occupation:
    I work :D
    Location:
    Canada
    Just a heads up to all my Canadian friends, I was advised today from the head of the bank of nova scotia they will no longer accept gambling winnings. If a wire transfer arrives, they will refuse it. And if any ewallet is used, that too will be denied.

    I just had 3 withdrawals denied and told find another way we no longer accept this in Canada.

    Great
     
    2 people like this.
  2. Apr 15, 2016
  3. bjtaz44

    bjtaz44 Experienced Member

    Occupation:
    IT
    Location:
    Far north
    I thought Scotia always had that policy, I know their visa debit or credit cards are restricted. CIBC is still working so far, hopefully they don't turn.

     
  4. Apr 15, 2016
  5. dionysus

    dionysus can turn wine into water CAG MM

    Occupation:
    n/a
    Location:
    I'm a Canucklehead
    Cheers.
    TD myself here and havent heard anything.
    I'm sure casinos can have a work around - after all you can receive pay from overseas so I'm sure they can alter the title of receiving end
     
  6. Apr 15, 2016
  7. bjtaz44

    bjtaz44 Experienced Member

    Occupation:
    IT
    Location:
    Far north
    Yes I wish they would have more discreet billing info than what some use, raises so many flags, but guess that would not be easy to change.
     
  8. Apr 15, 2016
  9. barbara12

    barbara12 Senior Member

    Occupation:
    Retired
    Location:
    Canada
    That sucks! I still say Ecopayz is the easiest to slip through the cracks.
     
    1 person likes this.
  10. Apr 15, 2016
  11. lockinlove

    lockinlove Staring into the sun PABaccred

    Occupation:
    I work :D
    Location:
    Canada
    Probably time to open another account then :D

    This bank manager is very sketchy. She kept talking to me likes its a scam and how careful I need to be. And not to send them any money back lol

    I told trada and slotsmillion to expect my money back since its refused they said they will figure out a way to get me money.
     
    1 person likes this.
  12. Apr 15, 2016
  13. lockinlove

    lockinlove Staring into the sun PABaccred

    Occupation:
    I work :D
    Location:
    Canada
    They told me there was a policy in place but it was discretionary. Basically if they feel like accepting it they can but also have the right to deny it. But they said the new policy they have adopted is that they will be instantly refused and there will no longer be any exceptions.
     
  14. Apr 15, 2016
  15. dionysus

    dionysus can turn wine into water CAG MM

    Occupation:
    n/a
    Location:
    I'm a Canucklehead
    Yup id change banks
    eff em
     
  16. Apr 16, 2016
  17. lockinlove

    lockinlove Staring into the sun PABaccred

    Occupation:
    I work :D
    Location:
    Canada
    REALLY strange. I just checked my bank account as I was waiting on a different payment from a Canadian site and saw that I was paid by slotsmillion. This is one of the ones she said she was declining.

    But the Trada payment definitely has been sent back.

    I can use this money since its in my account right? They cant go and take it back out?
     
  18. Apr 16, 2016
  19. hhhelllo

    hhhelllo Senior Member

    Occupation:
    Modern age slavery
    Location:
    canada
    Scotia bank closed my account because I asked a question about wire transfers from oversea.

    Bank of montreal, CIBC and TD won't bother... For now??

    Scotia bank are so dumb that the legal site Espacejeux is not even tolerated. Complete retards if you ask me.
     
    1 person likes this.
  20. Apr 16, 2016
  21. me_and_ed

    me_and_ed Ueber Meister CAG MM

    Occupation:
    Selling out
    Location:
    Vancouver
    Same with RBC, no issues so far, I wonder with Scotia if it will apply to ECheck (citadel), have you tried that? I just made a large w/d from Nostalgia and CR wouldn't let me wire transfer, made me use ECheck (which was cheaper anyway)
     
  22. Apr 16, 2016
  23. hhhelllo

    hhhelllo Senior Member

    Occupation:
    Modern age slavery
    Location:
    canada
    Is it the beginning of the end for online canadian gamblers? :eek:
     
  24. Apr 16, 2016
  25. loren

    loren Experienced Member

    Occupation:
    wild crafter/but I'm almoust good enough a video p
    Location:
    vancouver island
    Kind of sad really

    I was just looking into opening an account with playnow bc is that an omen?
    It would be a steady diet of that Rhino game.

    And yet I've been good to go with instadebit, still accepted at a host of sites,
    though Guts took that away....so now BMO better be accepting wires....

    barbara12 may have an answer with that ecopayz.
     
    1 person likes this.
  26. Apr 16, 2016
  27. AintWon1967

    AintWon1967 Experienced Member

    Location:
    Canada
    I wonder if ScotiaBank is the Canadian bank that was fined 1.1 million for not reporting to Fintrac, or maybe just a knee jerk reaction to that ruling?

    You must register/login in order to see the link.

    Connie
     
  28. Apr 16, 2016
  29. lockinlove

    lockinlove Staring into the sun PABaccred

    Occupation:
    I work :D
    Location:
    Canada
    I dont have that option on those sites. I do however have instant banking on sportsinteraction. It takes 24-48 hours after processed to arrive in my bank with zero complaints. I am also able to deposit with my scotia bank visa card with them but its a little different. You buy a voucher and its processed that way. Im going to assume its SIA casino smart way to get around things.

    It looks like Scotia know about ewallets thought because they mentioned ecopayz to me today and a few others they wlll no longer be accepting. She also said CIBC will soon be following.
     
  30. Apr 16, 2016
  31. hhhelllo

    hhhelllo Senior Member

    Occupation:
    Modern age slavery
    Location:
    canada
    Maybe the less complicated option here is to stop gambling online. It's already hard enough to win.... Now you have to fight with your bank to receive your winnings? No thanks. Depressing.
     
  32. Apr 16, 2016
  33. Harry_BKK

    Harry_BKK Senior Member CAG mm1

    Occupation:
    job is OK
    Location:
    Balcony
    Not Canadian but maybe a small suggestion ref.: Ecopayz.

    They allow you multiple accounts and for each you can apply for a MasterCard Debit Card. Using that you can withdraw up to 750EUR/day on each card, the max. is 250EUR/ withdrawal. It will cost you appr. 8EUR for each withdrawal but with, lets say, 4 cards you can withdraw 3,000EUR/day which is roughly 4,500CAD. :thumbsup:

    You can make up to 8 withdrawals / card within 5 days and a max. of 3/day/card. That should cover most casino payouts you have, unless of course you are a high roller :D

    The transfer to your bank is costing you as well 15-30CAD + currency exchange fees, maybe even more, hence the Ecopayz withdrawal fees won't be that much more but at least you can get to your money whenever you want and without any Canadian bank knowing about your winnings.

    I have 3 cards and should i have a nice payout from a casino i just transfer between my accounts to cover for the cash withdrawals. Never had an issue. :)
     
    Last edited: Apr 16, 2016
    3 people like this.
  34. Apr 16, 2016
  35. hedgehok

    hedgehok Meister Member mm3

    Occupation:
    self-employed
    Location:
    Germany
    Good suggestion. Let me add that it might be cost-saving if you buy vouchers with the MasterCard to just purchase your ordinary stuff like food/cloth etc. or directly use your card in the supermarket. The obvious drawback is that the winnings will sit in an e-wallet until used which for some isn't the safest place when the gambling-cravings are spooking.
     
    1 person likes this.
  36. Apr 16, 2016
  37. Steviedoo

    Steviedoo Senior Member

    Occupation:
    Writer
    Location:
    South
    There would be an added cost for US dollar exchange, we're dealing in CDN dollars
     
    2 people like this.
  38. Apr 16, 2016
  39. Steviedoo

    Steviedoo Senior Member

    Occupation:
    Writer
    Location:
    South
    Or you can play at the fortune lounge group or palace group where they will send you a check however there is that nasty 24 hour reversible period.
     
    1 person likes this.

Share This Page