Bankera

The world of finance is constantly evolving, with alternative payment methods slowly but surely gaining traction. Bankera is one of them, which is why, today, we’ll explore this payment gateway and delve deep into its functionalities and options.

We’ll check out its background, learn how to get started with it and provide valuable insights into Bankera’s potential for online gambling.

What is Bankera?

Bankera represents a modern banking option suitable for both individuals and businesses. The services it provides for individual users include European IBAN accounts supporting SEPA transfers. The payment gateway also has a dedicated app, making everyday transactions easy and further adding to the experience.

Another significant advantage of Bankera is the fact it’s crypto-friendly. In practice, it means that Bankera can be used to make fiat deposits and cashouts from crypto trading and exchange players. However, we must point out that this service cannot be used as a crypto wallet. For the time being, Bakera is solely a fiat-oriented payment solution.

Bankera is available in most countries around the world. However, the service is not available to users from the United States, Russia, Belarus, North Korea, and Iran.

Bankera can be used to deposit money into your casino account

Company

Since Bankera is a digital business, it doesn’t have physical branches. However, it doesn’t mean it’s not legit. Bankera is operated by Era Finance Ltd, a registered agent of Pervesk UAB.

Pervesk UAB is an electronic money institution holding a license No. 17 from the Central Bank of Lithuania, allowing it to conduct electronic money and payment transactions.

Bankera Account

To use Bankera, you’ll need a dedicated European IBAN account. It’s all done at the payment gateway’s website, and the entire process is simple and doesn’t take long.
Visit the Bankera official site and open the Signup page. Then, enter the required details and follow the on-screen instructions to confirm your email address.

Once you verify your email, you can start using your Bankera account. But before you can use this banking method for depositing and withdrawing at online casinos, you’ll have to top it up. To do so, you must carry out a transaction from your account with another financial institution to the dedicated IBAN account you opened at Bankere. Currently, you can rely on SEPA transfers.

If you wish to make the most of Bankera, we recommend to verify your account. Log into your account and click the Start Verification button to begin the process. You must provide a photo of your identification document and a selfie where you hold the said document. Additionally, you’ll need to answer a couple of questions. The verification process has two extra optional levels. However, if you want higher limits, completing this step is necessary.

After submitting the documents needed for verification, it may take up to 3 business days for them to be reviewed. Typically, verification is completed sooner.

Facts

Payment Type	Payment gateway
Headquarters	Vilnius, Lithuania
Founded	2017

How to Deposit with Bankera?

Depositing with Bankera is easy and, most importantly, fast. The entire process is also straightforward. Go to your online casino’s Cashier page, find the list of supported methods and choose Bankera as your preferred means of payment.

You’ll need to provide the required information. It includes user data and the amount of money you plan to deposit. Finally, click the Deposit button to finalise the transaction. The deposited funds should immediately appear in your casino balance, meaning you can start placing real money bets in no time.

How to Withdraw with Bankera?

You can use Bankera to withdraw your online casino winnings. The process starts at the Cashier page of your chosen online casino. Click on the Withdraw tab and select Bankera as your cashout option. Enter the necessary information, including the sum you want to claim. Submitting the requests completes the transaction.

FAQ

Do I need an account to use Bankera?

Yes, you’ll need to open a Bankera account to use this service. The process includes connecting your account from another financial institution with a Bankere IBAN. Once you complete the verification, you can use all the functionalities of this service.

Where is Bankera available?

Bankera is available in most countries around the globe. Unfortunately, customers from the US, Russia, Belarus, Iran, and North Korea cannot use it.

Does Bankera support cryptocurrencies?

Bankera is a crypto-friendly solution accepting fiat deposits and cryptocurrency platform withdrawals. Keep in mind that it can’t be used as a crypto wallet.

Transfer Times and Fees

Transfer times depend on the type of transaction. Transactions within the EEA usually take between 1 and 3 business days, while international transfers can take several business days.

Personal Bankera accounts come with no maintenance fees. All incoming transactions are free of charge, while SEPA outgoing transactions come with a €1 fee for non-EEA residents. EEA, UK, and Ukraine residents can use this service cost-free.

Security

Bankera uses a wide range of cybersecurity measures to keep the money of its users protected at all times. Multi-factor authentication is among them.

Second-factor authentication is always active, further ensuring that user accounts are safe. Currently, the available second-factor authentication option is SMS. So, whenever you want to log into your Bankera account, you must enter a one-time code. The same applies for any payments made with Bankera.

All funds kept in your account are electronic money backed by liquid assets and highly liquid bonds. This model provides an additional layer of safety, allowing the user to recover their money in case the company becomes insolvent.

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