Bank accounts for licensed gambling companies
Many banks hesitate to onboard gaming companies, and offshore licensees face the hardest questions. We match you with banks and EMIs that work with the gambling sector and prepare a complete onboarding file with you.
From the right bank to an approved account
Bank and EMI matching
Providers selected for your license, verticals, volumes and currencies, so applications go where they can be approved.
Onboarding file preparation
Corporate documents, director and signatory IDs, statements and references assembled to each provider’s checklist.
Source of funds narrative
A clear explanation of where the company’s funds come from and the transactions you expect.
EU banking entity
Where an offshore licensee needs it, a holding or operating company inside the EU banking area to hold and manage the accounts.
Merchant and EMI accounts
Accounts linked to your payment providers, so player deposits and payouts settle cleanly.
Review support
Help answering the questions banks raise during onboarding and periodic reviews.
What banks ask for
A typical onboarding pack for a licensed gambling company.
- Certificate of incorporation and registration
- Articles of association and governance structure
- Proof of identity for all directors and authorized signatories
- Company bank statements for the past 6 to 12 months, where available
- Source of funds and expected transactions, explained in detail
- Professional references from lawyers, accountants or other advisors
- Your gambling license and the regulator’s register entry
- AML/KYC policy and responsible gambling policy
Why offshore licensees struggle with banks
Offshore jurisdictions are associated with money laundering and tax evasion risk, so many banks decline gambling companies licensed there, and others demand extra documentation and longer due diligence.
Financial institutions in Europe that work with electronic money are generally more open to the sector. They can offer accounts, payment processing, merchant accounts and e-wallets. Opening an account is not impossible; it takes the right provider and a well-prepared file.
Preparation decides the outcome. Banks and EMIs ask for the license and its register entry, the group structure down to the beneficial owners, source of funds and wealth, AML and responsible gambling policies, and expected volumes per payment method and market. A complete, consistent file shortens onboarding and avoids rejections that are hard to undo.
Many groups add an EU entity to hold operating accounts and run payments through EU payment institutions, while the license stays offshore. We plan that structure with you, so the company that banks, the company that is licensed and the payment flows match what each provider expects to see.
Jurisdictions covered
We combine this service with licenses in these jurisdictions, and with the other 33 we cover on request.
B2B suppliers to EU-regulated markets
MaltaLicensing openEstablished EU-facing B2C and B2B
CuraçaoLicensing openEstablished offshore operators
AnjouanLicensing openFast B2C or B2B market entry
NevisLicensing openHolding structures and an alternative offshore license
KahnawakeLicensing openNorth America-facing international operators
Frequently asked questions
Can an offshore-licensed company open a bank account in Europe?
Yes. Because of the offshore status, the process is usually harder than for an EU-licensed company. EMIs and banks that work with the gambling sector are the realistic route, and some structures add an EU entity to hold the accounts.
Do banks treat gambling companies as high risk?
Often, yes, especially offshore licensees. Perception varies between institutions, which is why matching you with the right providers matters more than the number of applications.
Do I need a license before applying?
In practice, yes. Banks and EMIs ask for the gambling license and the regulator’s register entry. If you are not licensed yet, we plan the license and the banking together so accounts open soon after the license is issued.
Open accounts that stay open.
Answer a few questions and get your roadmap. Our team replies within 24 hours.