Payment method
Multibanco Casinos
Multibanco runs on Portugal's ATM network. It has run since 1985 under SIBS, works through homebanking, the MB WAY app or a physical ATM, and handles deposits only, since it was never built to send money back out to players. Withdrawals never come back this way.
- Bank transfer
- Since 1985
- SIBS (Sociedade Interbancária de Serviços, S.A.), Portugal
- Portugal only
- WithdrawalsNot supported
Our Take
Multibanco is deposit-only, full stop. A payment reference gets generated at checkout and then paid at any ATM, through homebanking, or via the MB WAY app, which fits naturally into how people already pay bills across Portugal. SIBS runs fraud monitoring behind every transaction through its Gateway platform. You'll still need a separate way to get winnings out of the casino.
Multibanco is a Portuguese interbank payment network run by SIBS. It is a reference-based bank payment that you can use to deposit at some online casinos. It works only from Portugal and only in EUR, and it does not support withdrawals.
What Is Multibanco
Multibanco is a Portuguese interbank network owned and operated by SIBS, Sociedade Interbancaria de Servicos. It has been running since 1985. It links the ATMs of 27 Portuguese banks, about 12,700 machines as of December 2014.
It is a voucher or reference-based payment method. You do not enter card details. You do not log in to a card scheme. You settle the payment outside the casino checkout, through your bank.
That distinction matters. Multibanco is a bank payment with a reference attached, and it is not a credit or debit card scheme.
The flow is simple. At checkout you receive a voucher with three parts: an entity number, a payment reference and the amount, and you then pay that voucher through online banking, known as homebanking, at an ATM, or through the MB WAY app.
Multibanco is Portugal only. The currency is EUR. The method is meant for customers in Portugal.
Best Multibanco Casinos
The list below shows the casinos we review that accept Multibanco. Availability and bonus terms are set by each casino.
That list is short, and it can change. Check the cashier before you sign up. Confirm Multibanco is offered in the cashier before you deposit.
For context on how this method compares with others, see our payment methods section.
How to Deposit With Multibanco
- Choose Multibanco in the cashier. Open the deposit page, pick Multibanco from the list, and enter the amount you want to deposit.
- Receive the entity, reference and amount. The casino shows a voucher with an entity number, a payment reference and the exact amount. Keep this screen open or copy the details.
- Pay through online banking, at an ATM, or through the MB WAY app. Use the entity and reference to set up the payment.
- Wait for confirmation. Payment confirmation is customer-initiated. It can take several days, especially over weekends, because this is a bank transfer.
- Funds are credited. Once the payment is confirmed, the casino credits your balance, though the timing depends on the casino. Bank transfer timing applies, so funds are not always instant.
If you want to compare this with card or e-wallet deposits, our online casino reviews cover the cashier options at each operator.
Multibanco Withdrawals
Multibanco does not support withdrawals. It is a pay-in method only. You cannot send money from a casino back through Multibanco.
Merchant-side refunds exist, but they are not a casino payout route.
So you need a second method to cash out. Withdrawal options depend on the casino, so check its cashier for a method you can use. Which ones they offer depends on the casino and on your account. Before you deposit with Multibanco, check the withdrawal page and confirm you have a method you can actually use, because if the only method you have is Multibanco, you will deposit fine and then be stuck at the payout stage.
This is the main trade-off with this method. It covers deposits only.
Fees, Limits and Currency
Fees are not published for players.
Limits come from two sides.
- Payment processor limits. Stripe-processed Multibanco charges have a minimum of 0.50 EUR and a maximum of 99,999 EUR per charge.
- Casino limits. Check the cashier for the limits that apply.
Currency is EUR. Multibanco is a Portuguese network and does not operate in other currencies.
Recurring payments are not supported. You cannot set Multibanco as a stored method for repeat deposits.
Safety and Licensing
Multibanco is a bank payment. You never type card details into the casino for this method.
SIBS runs systemic fraud prevention and detection behind transactions on its SIBS Gateway. The system is called PAYWATCH.
On the gambling side, Portugal is regulated by SRIJ, Servico de Regulacao e Inspecao de Jogos. Our position is simple. Use operators licensed for Portugal where you live. We do not claim any specific casino holds a Portuguese licence. Check the licence yourself on the operator's site and, where relevant, on the regulator's register.
Pros and Cons
Pros
- Runs on a Portuguese interbank ATM network.
- No card details entered at the casino.
- SIBS runs fraud monitoring on its Gateway.
- Works through online banking, ATMs and the MB WAY app.
Cons
- Deposit only. No withdrawals.
- Confirmation can take several days, especially over weekends.
- No recurring payments.
- Portugal and EUR only.
- Fees are not published for players.
- Check the cashier for the limits that apply.
Frequently Asked Questions
Can I withdraw using Multibanco?
No. Multibanco is a pay-in method only and does not support withdrawals. You will need a second method to cash out. Withdrawal options depend on the casino, so check its cashier for a method you can use before you deposit.
How long does a Multibanco deposit take?
It depends. Payment confirmation is customer-initiated and can take several days, especially over weekends, because it is a bank transfer. Bank transfer timing applies, so treat it as not always instant.
Is Multibanco a card payment?
No. Multibanco is a reference-based bank payment, and it is not a credit or debit card scheme. You pay a voucher with an entity number, a reference and an amount.
What are the Multibanco deposit limits?
It depends on the casino and on the payment processor. Stripe-processed Multibanco charges run from 0.50 EUR to 99,999 EUR per charge. Check the cashier for the limits that apply.
Are there fees for using Multibanco at a casino?
It depends on the casino. The provider fee and any foreign exchange fee are not published for players.
Never miss a bonus
- Trusted by playersReviewed by real players
- Exclusive bonusesOnly the best deals
- Fast payoutsQuick & secure withdrawals
- 24/7 SupportWe're here to help
