Direct Bank Transfer is no longer a supported deposit method at any of our recommended sportsbooks for Canadians.
I suggest depositing via Interac if you have access to Canadian bank account. Interac is the easiest, safest, and preferred deposit/withdrawal method for all of our recommended sportsbooks, and you have to provide far fewer bank details than you had to with the Direct Bank Transfer method.
**The below information is how you would have deposited via Direct Bank Transfer when the method was accepted. As I mentioned above, Interac is now the preferred method to instantly deposit funds from your bank account to your sportsbook account, and withdraw funds instantly from your betting account to your bank.
Direct Bank Transfer Deposit Guide **No Longer Active**
Here is a step by step guide to depositing via Direct Bank Transfer:
First of all you will have to fill in the Direct Bank Transfer form. It will ask for your Bank Name, Institution ID, Transit Number, Account Number, and last four digits of your Social Insurance Number.
If you are unsure what your Branch Transit, Institution ID and Account Number are, they are all easily found on your personal cheque. Here is an example:
As you can see the first 3 digits on the cheque are simply the cheque’s number so they are not needed in this form. The next 5 numbers are the Branch Transit number, with the following three digits being the Institution ID. The remaining numbers on the cheque are your account number.
You must also enter the amount you wish to deposit, your account type (Savings or Chequing) and your Bank Name.
You also have to include the last four digits of your SIN #. I know this is a deal breaker for many people. Again, I suggest the Interac deposit option as a much easier alternative to Direct Bank Transfer.
After filling out all of this information go ahead and click Deposit to fund your account.
If everything was filled out correctly you will receive a confirmation message that your deposit was successful.
Withdrawing via Direct Bank Transfer
The great thing about Direct Bank Transfers is that when you decide to withdraw the money is paid out directly to your bank account.
It will usually take between 1 and 3 business days from the time of your payout request for the funds to appear in your bank account.