Your Guide to Depositing and Withdrawing with Use My Funds

Originated in Canada, used around the world

UseMyFunds originally launched in 2002 under the name UseMyBank as an online payment system facilitating real time online transactions via participating banks (online services). The UseMyBank service was conceived in Toronto, Canada with the aim of allowing various Canadian Banks a way to allow their customers to transact online without needing to divulge their personal details.

After some time UseMyBank re-branded itself to UseMyServices and launched several innovative payment options for its users. This included the very popular UseMyFunds which is offered by most top online casinos and is covered in over thirty different countries. UseMyFunds also partners with dozen of major banking brands around the world including Canada, Germany, Austria, Belgium, the Netherlands, Poland, Sweden, Switzerland, United Kingdom, Mexico and others.

Use My Funds Canada

Online casino gamers love using the UseMyFunds service as it provides them with a fast, easy and extremely reliable payment option. One of the biggest benefits to using UseMyFunds, is that it provides a fairly high degree of anonymity online as there is no need to divulge private details when funding an online casino account. However, in recent years, due to increased compliance and regulatory concerns with various payment options, there are instances where users need to sign up for the service (membership).

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Top Scores for: Use My Funds

  • Simplicity – You only need to ensure that your bank is part of the supporting network and then sign up to use it at a participating online casino – 4/5
  • Charges – There are absolutely no additional charges levied when using UseMyFunds – 5/5
  • Safety – Extremely safe to use as you do not need to open any additional accounts and go through your secure bank account – 5/5
  • Availability – More and more top online casinos are now beginning to offer UseMyFunds as a preferred payment option – 4/5
  • Speed – Depositing funds into your online casino player account are available to you instantly – 4.5/5

Why Use UseMyFunds at Online Casinos?

UseMyFunds is fast becoming one of the more popular online payment options available at top online casinos in Canada for a number of reasons. More and more Canadian players are seeing just how many benefits there are in using this payment option, with the following our top reasons why you should consider using UseMyFunds for your online casino payments.


The sheer convenience of the UseMyFunds system is one of its biggest attractions as there is no need to create separate online accounts. UseMyFunds is essentially the facilitator between your bank and your online casino and all funds are transferred instantly.


Again, since you are using your existing secure bank account as your starting point, and there is no need to create a new online account, the system is extremely safe to use online. UseMyFunds links to your bank (provided your bank is a member of the network) and your personal details remain with your bank while your funds transfer through UseMyBank virtually anonymously.

Quick and Easy

All you need to do in order to use UseMyFunds, is to make sure that your bank is an active member of the UseMyFunds network and that you have funds that you can transfer through the payment system. Your funds will be transferred instantly to your casino account with no waiting time at all.

Born and Bred Canadian Payment System

UseMyFunds is actually a born and bred Canadian invention, making it the ideal online casino payment option for Canadians to use. This also means that the UseMyFunds payment option is already available to use at most of our recommended Canadian online casinos.


The only real drawback to the UseMyFunds payment system is that using it to withdraw winnings can be slightly more complicated than it is for making instant deposits to your casino account. This is mainly because the verification process can be quite involved, even more so than a few other payment options. However, for Canadian residents with an eligible bank account the process is somewhat easier.

How to Deposit with UseMyFunds

One of the biggest advantages to the UseMyFunds payment system is just how easy it is to get started with it in making your first successful online casino payment. To use the system, simply follow these basic steps described below:

  • Go to your online casino that offers the UseMyFunds payment option
  • Click on the Cashier or Banking tab
  • Click on ‘Deposit Funds’
  • Click on UseMyFunds from the selection of payment options
  • From the list of financial institutions, pick the one that you bank with
  • Enter your online banking login ID and password when prompted to do so
  • Enter the amount that you want to deposit and confirm
  • Click to complete the transaction and return to your casino homepage
  • Your funds will be available instantly and you can start playing right away

Where Can I Get UseMyFunds?

The UseMyFunds payment option is available from a number of Canadian financial institutions including the following:

  • Bank of Montreal
  • CIBC
  • Desjardins
  • Royal Bank
  • Scotiabank
  • TD Canada Trust
  • National Bank

All of the financial institutions mentioned here offer easy access to secure UseMyFunds transactions simply by using your internet banking facility. If you would like to begin using UseMyFunds at your preferred online casino, check if your bank offers UseMyFunds facilities first. If not, the above list should provide you with a few great alternatives to use this payment option. All of these Canadian banks also offer the UseMyFunds payment facility for secure mobile transfer of funds to your online casino’s mobile platform. Aside from these top Canadian financial institutions listed above, UseMyFunds is available through a number of other financial institutions around the world.

Further info about UseMyFunds

Email: [email protected]

Telephone: (416)907-8382

Available Hours Telephone: 24/7

Bottom Line

If you are thinking of switching to a new and more efficient online payment system for your online casino gaming, UseMyFunds could be your best option. The payment option is one of the easiest of all online payment systems to use and is the preferred option for most Canadian online gamblers. UseMyFunds has a lot going for it in terms of ease of use as well as excellent online security.

The fact that you do not need to worry about creating new accounts online that you really don’t want to, makes it the ideal system since you simply go through your existing, secure bank account. UseMyFunds will deposit your online casino Canada real money cash into your top online casino account instantly which means that you can get to the games you love right away and it works great on mobile too.

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Last Updated: December 30, 2022