Multibanco

Complete Guide to Using MultiBanco in Online Casinos for Portugal

There are 100s of great online casinos accepting players from Portugal. We are talking about not only the locally licensed brands but also about international lobbies that are allowed to welcome this country in their virtual libraries. Since the banking system is the cornerstone of any online casino, it is only natural to expect that Portugal-friendly places to bet and win have MultiBanco in their cashiers.

This payment method supports fast and secure deposits at low fees via credits cards – a type of a product that most of the Portuguese players have.

Our review covers all the nuts and bolts of using MultiBanco in online international casinos. We give the inside scoop on fees, recommended lobbies, and possible promotions. Don’t miss out on all the valuable insights.

1
Number of countries
3
Number of currencies
176
Number of casinos

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Best Multibanco Casinos

Our database has over 100 online operators accepting players from Portugal, and out of them, quite a few added MultiBanco to the cashier. Among others, there is RedKings. Powered by SkillOnNet, it is home to more than 10 software developers. The website opened its virtual doors to players back in 2006 and complies with the Malta Gaming Authority. In addition to 100s of games, this platform also supports a Sportsbook section and a poker room. Portuguese is among its language adaptations, and Euros are among the accepted currencies.

Casino Adrenaline is also on our list of recommendations. It was founded back in 2014 and it has a license from the jurisdiciton of Curacao. Monthly withdrawal limits are capped at 5,000 EUR. The ratings for this location are high, and feedback from registered members is positive. The list of studios includes, among others, Microgaming, Net Entertainment, and Oryx Gaming.

When talking about MultiBanco deposits, you should put BetClic on your radar, too. The platform exists online since 2005 and in addition to MGA, also has certification from the Portuguese jurisdiction. Registered players can choose among lots of slots and table games, and also place bets in a poker room and in a Sportsbook section. 

Finally, we can also put 888 Casino on the list of recommendations. This is a popular and reputable brand with licensing from Portugal, two decades of experience, and lots of games. Cashouts are fast, and the risk of non-payment is low.

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Multibanco Facts and Figures

Established back in 1985, MultiBanco is an interbank network highly popular in Portugal. Its managing company, Sociedade Interbancaria de Servicos S.A. started out with only a dozen ATMs in Porto and Lisbon and eventually grew to become a country-wide payment network.

Today, among many of its payment services, Multibanco supports a gateway that you can use to pay by credit cards, and it also offers the ability to pay online with virtual cards – VisaMasterCard, or American Express. To get these, you will need to head to the nearest bank that partners with MultiBanco, and order the service. The virtual card will then be tied to your bank account and you are ready to use it for payments online, including in online casinos.

For casino deposits, MultiBanco is a very straightforward banking system. In the cashier, after entering the amount you’d like to deposit, and choosing the product’s logo, you will be redirected to a separate page to share your card number, name, and CVV, and to specify the billing address. Funds are added to the account instantaneously.

MultiBanco only works with deposits, and for cashouts, the help desk representatives should consult on on some alternatives, such as bank transfers.

As far as deposit fees go, there should not be any from the casino’s site as according to MultiBanco’s T&C, it is the merchant that takes care of the deposit processing fee.

With all of these factors considered, the only question that remains is the one regarding safety. If you are not a fan of using your real credit card online, a virtual product from MultiBanco might just be the perfect solution.

Name

Multibanco

Type

Bank Transfer

Year Founded

1985

In casinos for depositing

175

In casinos for withdrawal

31

Website

https://www.multibanco.pt/

Countries

Portugal

Currencies

EUR, GBP, USD

Minimum Bank Wire deposit fee

N/A

Maximum Bank Wire deposit fee

N/A

Minimum Credit card deposit fee

N/A

Maximum Credit card deposit fee

N/A

Currency conversion fee

0.00%

Other fees

Not found

Limites: transaction min

10.00

Limites: transaction max

400.00

Other Limits

"Por dia, o utilizador não pode levantar mais do que 400 euros, sendo o montante máximo por levantamento de 200 euros."

Processiong time

1

Best Multibanco Bonuses

When depositing with MultiBanco, you can qualify for lots of welcome and ongoing promotions. The only factor you need to take into consideration is the country of residence. In some lobbies, there can be some restrictions or alterations for Portugal-targeted bonuses.

That being said, each of the websites on the list of this page offers plenty of deals. The starter pack at RedKings is a 100% cash match plus bonus spins on the initial deposit. The rollover requirements are 30xBD, and the deal is non-cashable.

When registering in the lobby of Adrenaline, you can count on a cash match for three initial deposits. These are between 100% to 25%, and the rollover requirements are 35xB. The deal is non-cashable. For ist registered players, the website will offer a monthly 50% reload with T&C and the wagering requirements of 45xB among other ongoing propositions.

Newbies of BetClic can take a 200% cash match into consideration. It is topped with bonus spins. Alternatively, instead of the deal on slots, you can claim an offer on live blackjack. There is also an array of country-targeted welcome deals at the 888 Casino. The deals are cashable, but they need to be wagered 30xB. Slot machines contribute up to 100%, and terms and conditions apply.

Each of these, as well as other brands on the page also has lots of ongoing propositions. There are daily deals, weekly reloads, and weekend offers, as well as tournaments and loyalty programs. Adjust the search filter in the Bonuses section to find exactly what you like.

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Payment method: Multibanco 
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Alternative payment methods for United States: Virginia

FREQUENTLY ASKED QUESTIONS

MultiBanco is a Portuguese payment method available only to the residents of this country. The default currency is Euros. The system manages conversions, too, but at an additional cost.

This is a certified and regulated money service with all the safety protocols in place. As far as online transactions go, these are SSL-encrypted. Plus, with the virtual card, you won’t need to worry about exposing too much of the payment information.

No, unless you are after a virtual card, for which case, you will need to sign up for MB Net.

This matter is handled by the partnering service, MB Net. Sign up online, from the ATM, or at a local bank to qualify for a virtual card.

  • Have a card ready.
  •  
  • Choose an online casino that supports MultiBanco.
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  • Register an account and head to the cashier.
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  • Specify the amount you’d like to deposit and proceed by opting-in for MultiBanco.
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  • Pay online by a card, as you would in any regular online store (this means providing 16 digits of a card, its expiration date, name on the card that matches the account holder, and CVV).

No, for this purpose, you will need to use alternative methods advised by the help desk representatives.