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Making a bank transfer to a Canadian bank account from a casino in Europe

bank transfer to a Canadian bank account

Making a bank transfer to a Canadian bank account from a casino in Europe

 

 

Are you struggling to make a bank transfer to a Canadian bank account from a casino in Europe? This is a common problem for Canadian players and is actually quite a big annoyance. See how to write out the Sort Code/Bank Code, Swift/BIC so that you can get your withdrawal quickly!

 

Since the banking conventions in Europe and Canada differ, there is somehow a loss in translation as to the confusion around the various types of codes needed in order to make a bank transfer. It can be especially annoying that most online casinos do not give a clear interpretation of what and how to accurately provide bank transfer information. This usually causes a delay in your withdrawal payments due to the back and forth communication with the casino. How frustrating! If you are making a bank transfer to a Canadian bank account from a casino in Europe, then you definitely need to have a look at our explanation below.

 

 

So where is the confusion?

 

Most of the confusion arises from the fact that in Europe they have a Sort Code/Bank Code and in Canada there is an Institution No and Transit Code.

 

In the example below, you will find how to put together the Institution No and Transit Code to come up with a Sort Code/Bank Code that the Europeans require.

 

The Sort Code/Bank Code is represented by:

Preceding 0 + Institution No (3 digits) + Transit No (5 Digits)

 

 

Below you will find the common information that an online casino will require if you are making a bank transfer from your casino account to a Canadian Bank account. We have illustrated this information as an example so that you know what information you need to provide, and how it should be displayed, so that your withdrawal is expedited seamlessly.

 

 

Information that is usually required for a bank transfer

 

Country: Canada

Bank Name: (my bank name)

Branch name: ___?

Customer Name: (my name)

Account Number: (my account number)

Sort Code / Bank Code: _____?

Branch code: _____? Not sure what the difference is from bank name. I’m assuming this is my 5 digit branch code for my bank

BIC / SWIFT: _____?

 

 

Example: If you Bank with CIBC

 

Bank Name: CIBC

Branch Name: Bayview

Bank Address: 2901 Bayview Avenue Toronto Ontario M2k 1e6 Canada

Customer Name: Jane Doe

Account Number: 4xxxxx6

Sort Code/Bank Code: 0 + Institution No (3 digits) + Transit No (5 Digits)

 

So in this case, Start with the preceding 0  and if your Institution No is (010) and Transit No is (02779) then your Sort Code/Bank Code will be:

001002779

The sort code should be 9 digits in total.

 

Branch Code: (5 digit Transit No:) 02779

BIC/SWIFT Code: CIBCATT

 

 

Please note that the information provided above is only an example. It is very important that you obtain up-to-date, accurate bank details and any other information pertaining to Transit No, Institution No, Swift Code, and branch code from your bank.

 

We hope that this article has helped you to make a bank transfer to a Canadian bank account from a casino in Europe easier and that the confusion around the ‘Sort Code/Bank Code’ problem has been clarified.

 

 

 

 

 

 

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One response to “Making a bank transfer to a Canadian bank account from a casino in Europe”

  1. […] Withdrawing winnings to a Canadian bank account […]

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