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.
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.