For gambling and iGaming companies, access to reliable business banking isn’t just a convenience, it’s a necessity. Whether you run a white-label casino, affiliate network, or software platform, securing the right gambling business bank account is a critical step in setting up your operations.
Yet many traditional banks remain hesitant to onboard companies in the gambling space due to perceived risk. But operating in a regulated industry doesn’t mean you should settle for subpar service.
At Xace, we provide purpose-built iGaming banking solutions, designed to support licensed operators, emerging platforms, and high-growth businesses with the infrastructure they need to succeed.
Prepare the Right Documentation
If you're wondering how to open a bank account for a gambling company, the process starts with clear, compliant documentation. At Xace, we streamline onboarding, but we still require core documents to meet regulatory standards and evaluate suitability.
Core Documents (All Entities)
- Memorandum & Articles of Association
- Certificate of Incorporation or Certificate of Good Standing
- Director register(s) for the applicant company and any holding company
- Shareholder register(s) for the applicant company and any holding company
- A bank account statement from the last 3 months
Additional Documents (For iGaming Businesses):
- KYC/AML policy (if applicable)
- Gambling licence or legal opinion confirming regulatory standing (if applicable)
- Agreements with KYC or AML software providers, wallet screening tools, or source-of-coin verifiers
- Wallet address(es) (if applicable)
- Agreements with key third-party partners you intend to transact with
Requirements may vary depending on your business model and jurisdiction. Our team will advise on exactly what’s needed during onboarding.
Prioritize Multi-Currency and Global Payment Capabilities
One of the most important features for any bank account for gambling operators is the ability to manage global payments seamlessly.
Xace accounts offer
- Access to 20+ currencies, including EUR, GBP, USD, and CAD
- Support for major payment rails: SEPA, TARGET2, BACS, CHAPS, and UKFP
- Instant FX between currencies
- No restrictions on local, cross-border, or offshore payments
Whether you're settling affiliate commissions, paying providers, or managing multi-brand operations, our multi-currency IBAN for gambling companies puts you in control.
Streamline Internal Operations and Controls
Your payment account should scale with your business, not slow it down.
With Xace, you can:
- Manage multiple accounts under one login (sorted by brand, region, or function)
- Set up dual approval sign-offs and customizable user permissions
- Automate recurring payments and upload batch files
- Access detailed analytics and payment history with real-time tracking
These tools support better internal governance while maintaining flexibility for day-to-day operations.
A Partner That Understands the iGaming Industry
Choosing a payment partner isn’t just about features, it’s about alignment. At Xace, we specialise in iGaming banking solutions, not generic business accounts. That means:
- Fast, efficient onboarding for regulated sectors
- Compliance-friendly infrastructure
- Support for gambling, betting, affiliate, and software models
- Dedicated account managers who understand your challenges
Whether you’re expanding into new markets or upgrading from outdated banking, we’re here to support your business at every stage.
Ready to open your gambling-friendly business account?
Apply online today or speak to our team about your licensing, structure, and documentation.
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