BankLink

BankLink

BankLink is a well-established banking service that originated out of Sweden. This payment option is available to residents of Sweden, Latvia, Lithuania and Estonia. BankLink acts as an interface between your Swedbank, Nordea or Hansabank account and the online merchant or online casino. This payment service allows you to move money surely and quickly without having to worry about any details being compromised. Although this payment method may sound like an eWallet, it is not and considered a payment processor, this is because it is only linked to a small number of bank accounts and not multiple other banking services like most eWallets allow.


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Overview

BankLink is an online payment processor that is widely used around some areas of Europe. The company has been around since 1986 and very much made its name in safe, reliable and convenient banking. The payment method is fully regulated by the jurisdiction of Estonia and other European financial authorities. The service provides quick and easy casino deposits and withdrawals. As the name suggests, BankLink acts as an intermediary between a bank account to your online casino and vice-versa.

Bonus

You can grab a bonus offer when you make BankLink deposits. The process of claiming a bonus remains the same as with depositing using a standard bank account. Depending on your online casino you can enjoy excellent welcome bonuses, regular match bonus, free spins and many other deposit bonuses. We always like to remind our readers to take some time to explore the bonus terms and conditions to understand where the bonus value is. You should be looking at the wagering requirements and other terms that determine how to convert the bonus funds into real money.

Advantages

You can enjoy a number of nice advantages when making online casino transactions using the BankLink service. This payment provider has grown and maintained relevance thanks to the convenience it provides. Let’s take a look at some of the perks of using this payment processor.

Security: BankLink has gained a very respected reputation thanks to the hardened security measures that go with every transaction. Furthermore, the processing service does not require users to share all their banking information when making deposits and withdrawals;

Faster transaction: You don’t need to sign up to an eWallet service when using this payment processor. As it works in conjunction with your bank account you can make faster transactions.

Disadvantages

With every payment method, there are good points and bad points. Let’s take a look at some of the disadvantages you may find with the BankLink deposit option.

Availability: BankLink is only available in four countries and must be partnered up with one of the compatible bank accounts for the service to work.

Fees: You will have to pay to get the BankLink processing service and continue paying a monthly service fee to use the service.

Fees

BankLink is not the most cost-effective way to make online payments. First, you will need to pay a monthly service fee. What’s more, there is a small fee for each transaction you make. There are some online casinos that also add processing fees to each deposit and withdrawal, which further increase the cost of service. You can find out if your casino operator applies transaction fees by contacting the customer support team or by consulting the FAQs page.

Creating an Account

To get started with BankLink you will need to be a banking customer of Swedbank, Nordea or Hansabank. Once you have a bank account with one of these established banks you can sign up to the BankLink processing service. You will need to pay a service charge and provide some details before you are accepted to use BankLink.

Funding your Account

BankLink is not an eWallet, nor is it a bank account, it is a payment processing service that works with your bank account. This means you will need to make sure that your connected bank account is funded before you can make BankLink transactions. You can do this by transferring funds from another bank account you hold or by depositing cash into your local bank branch.

Depositing

You can enjoy quick and easy deposits using BankLink. The process is somewhat similar to a standard bank deposit. Let’s take a look into how you can send money into your real money casino balance using the BankLink payment service.

  • Choose BankLink as your deposit option.
  • Enter the amount of your deposit.
  • Confirm the deposit transaction.
  • The money will be deposited into your account instantly.
  • Start enjoying the games!

Withdrawing

BankLink supports casino withdrawals and the process is very similar to that of the deposit. However, the time it takes to receive your money is much longer. You could be waiting up to 5 days before your winnings reach your account.

  • Head over to the casino cashier.
  • Choose the BankLink withdrawal option.
  • Enter the amount you wish to withdraw and confirm.

Security

BankLink is a fully regulated service that has built a reputation on trust. This processing service protects every payment with the best online payment encryption technology and maintains the security measures in place from the connected bank account. Further to this, you will not need to enter your banking details or personal information to make deposits and withdrawals.

Support

BankLink has a customer support service where you can reach out through email or phone. There is also some good information on the website. You can also contact the support service provided by one of the compatible banking services.

Availability

BankLink is not a wildly popular payment option and only available on a small number of online casinos across the countries it operates in. It’s a service that provides players with added security and peace of mind, but some may see it as a bit outdated with more advanced eWallets taking the attention away from this service. BankLink can still offer players something when it comes to making everyday casino deposits and withdrawals.

FAQ

Yes, you can send money back through the Fast Bank Transfer method. Withdrawals are usually sent back within 5 days.

Yes, there is a small fee for making payments using this method. However, some casinos apply additional fees to the transaction.

We have researched for you so you can view the best casinos that accept BankLink payments and make a choice yourself. We have listed the top-rated BankLink casinos here.

Use the list of BankLink casinos to see all online casinos that accept BankLink payments. We filter the casino top list to only show BankLink casinos that accept players from your location.