Affiliate Disclosure: At CasinoFreak.com, our objective is to help all players find the best-suited casinos and promotions to meet their needs. To facilitate this, we may include affiliate links to recommended websites. If you opt to visit any of these websites through our link and deposit funds, CasinoFreak.com may earn a commission, but this will not affect your expenses. Find out more.
Curious about what’s fresh for MULTIBANCO online casinos? Check out the newest casinos that take MULTIBANCO, established in the last 12 months, and explore their bonuses below.
MULTIBANCO has been a trusted name in Portugal for over three decades. It initially began with a handful of multi-bank ATMs in major cities like Porto and Lisbon. Today, it boasts over 60 different financial services for its customers. It’s also one of the most used casino payment methods in the country.
 | |
|---|---|
| Payment Method Type | ATM Network |
| Year Founded | 1985 |
| Headquarters | Lisbon, Portugal |
| Countries Available | 1 (Also available in casinos in 11 other countries, including Poland, Romania, Algeria, and Malta. Availability varies by casino operator) |
| Revenue | $176 Million |
| Number of Users | 8.85 Million+ |
The popularity coupled with the convenience of accessing a wide range of banking services has made MULTIBANCO a go-to choice for many Portuguese citizens.
To use it, you need to have an active Portuguese bank account. While most Portuguese banks require in-person visits to open an account, a few of them offer online account setup.
If you already hold a Portuguese bank account, you're eligible to use it for online casino transactions. Simply log in to the MULTIBANCO portal using your existing banking credentials.
Portuguese bank account holders aren't charged fees for withdrawing euros from a MULTIBANCO ATM.
Keep in mind
If you are a visitor to Portugal, it might incur a minimal withdrawal fee, and a foreign exchange fee may apply, the latter of which can vary based on your bank.
MULTIBANCO employs robust encryption techniques to safeguard your data during transactions.
One notable advantage I found is its spending management features. Users can set spending limits on their virtual cards, promoting responsible gaming. Transfers are instant, ensuring quick access to winnings.
MULTIBANCO offers comprehensive customer service. For inquiries or technical assistance, you can contact their support team online. In case of card issues, a 24-hour hotline is available.
MULTIBANCO can be used for deposits and withdrawals at online casinos, but only if you have a Portuguese bank account. To make a deposit at any of the several MULTIBANCO casinos in Portugal, follow these steps:
With the instant processing of MULTIBANCO deposits, you can dive straight into playing your favorite casino games once your balance is credited.
Important to know
In Portugal, the typical ATM limit is €400 daily (roughly USD 422), but some machines may restrict you to €200 (roughly USD 211) per transaction; if needed, withdraw twice to reach the €400 cap.
When I was in Portugal, I quickly realized that "MULTIBANCO" is almost the same as saying "paying by card." At most restaurants, waiters would casually ask if I'd prefer cash or MULTIBANCO.
It's a testament to its widespread use, and it's worth noting that many MULTIBANCO casinos do not accept international ones. So, if you're an international traveler like me and fancy some online casino fun, you might want to scout for other globally accepted casino payment options.
