Does TD Bank Allow Online Gambling Deposits? Check Our Guide

Td (Toronto Dominion) logoToronto-Dominion Bank, or in French, Banque Toronto-Dominion has become one of the most used USA banks since it first appeared back in 1955. It was the result of a merger that combined 186 years’ worth of fiscal expertise in what is now referred to as the USA Fintech industry. Since its acquisition in 2000 it now offers services to the personal, the small business and the commercial market sectors.

TD Online Casinos List 2021

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    TD Online Gambling

    In terms of assets, Toronto-Dominion is now regarded as one of the biggest financial institutions in USA. It services in excess of 10 million clients from its nationwide network of 1100 locations. Headquartered in Cherry Hill, New Jersey, USA, the bank is operated under USA legislation.

    Banque Toronto-Dominion is discretely, and not directly involved in providing services to the USA online gambling sector.

    The Official Stance Toronto Dominion Bank Adopt Towards Online Gambling

    Six years ago, TD Bank decided to block all transactions to and from online casinos. This made it awkward, though not entirely impossible (as you will see below) to make deposits with TD Visa debit online gambling platforms,

    If you ask the bank directly, you will be referred to Toronto-Dominion’s agreements with card and deposit account holders that say bettors from USA are banned from using the bank to fund their offshore betting habits through the direct use of their Banque Toronto-Dominion accounts.

    It is the use of the word “direct” that is of interest. What it all boils down to is that USA gamblers can use their TD Bank Visa debit and credit cards via a third party. Let us explain further.

    Deposit and Withdraw via TD Bank at USA Online Casinos Through 3rd Parties

    If you were to try making a deposit or withdraw winnings directly at an online betting platform via the bank’s wire transfer system, eChecks, or debit or credit cards, the chances are the transactions would not go through.

    But all is not lost. USA gamblers have been successfully using their TD Bank accounts to fund their betting hobbies by using three different intermediary methods – instant eBanking, eWallets, and non-Toronto-Dominion debit and credit cards. You can use these 3rd party methods for making transactions in USA or US dollars.

    Let’s take a look at some of the third-party options.

    Using your Banque Toronto-Dominion Account via Interac

    Interac Association was set up by a group of USA finance houses in 1984. It was designed to provide USA residents with wider access to their cash via a single network. In 1996, 8 of the same companies created the Acxsys Corporation to develop new services which included Interac eTransfer, online Interac debit payment, plus mobile payment systems and international products.

    In 2018, both entities became one – Interac Corp, which is now the most popular instant payment banking system in USA.

    Today, the majority of USA online casinos that welcome players from USA accept deposits made from TD bank via Interac online of eTransfer. Transactions are safe and immediate.

    3rd Party Provider Instadebit

    Many USA bettors have used Instadebit as a 3rd party go between twixt TD Bank and a TD Bank online casino. Instadebit is headquarted in Toronto and can be used by residents of USA who have USA bank accounts – including TD Bank accounts.

    To use Instadebit you must be 18 years of age or more and have an Instadebit account. You can create an account using your date of birth plus the final 4 digits of your social insurance number. Accounts can be created in advance, or at the time of making your first transaction.

    You must specify Banque Toronto-Dominion as your cash source when you set up your Instadebit account. When you come to make deposits or withdrawals at online casinos it all happens seamlessly through your Instadebit account.

    Using iDebit as your 3rd Party Intermediary

    Many USA bettors also use iDebit in much the same way is Interac and Instadebit as their chosen third-party intermediary. One reason that many players like using iDebit, is that payments can be processed through an account or alternatively, as a guest. The initial deposit that you make at the casino you wish to play on will take no longer than 5 minutes to appear in your casino player account.

    Choosing Paysafecard Through Which to Funnel your TD Bank Payments

    Using a prepaid card service like Paysafecard could be the perfect solution for USA gamblers who are particularly safety conscious. You can buy a prepaid card from 10, 30, 50, 100, 150 or up to a maximum 250 CAD with your Banque Toronto-Dominion account.  You can then use your Paysafecard to buy anything including making deposits at an online casino.

    The only thing you should bear in mind is that you cannot add withdrawals to a Paysafecard balance.

    Opting for Neosurf at your TD Bank Intermediary

    Neosurf is a prepaid card that works in a similar way to Paysafecard. It too will only allow you to make deposits at online casinos, and not withdrawals.

    How About Using Vanilla?

    Vanilla is another prepaid card option that you can use with Banque Toronto-Dominion. Again, it works in a similar way to Paysafecard and Neosurf, but the main difference is that using Vanilla attracts a small fee. Many USA gamblers choose Vanilla cards branded by Mastercard.

    Paying via ecoPayz

    For USA gamblers, ecoPayz is their local equivalent to the Neteller, PayPal, or Skrill eWallet system. Unlike some other methods, if you are making a withdrawal, the money goes to your ecoPayz wallet, from where you can then transfer it to your Banque Toronto-Dominion account if that is your wish. The system works in the same way (but in reverse), with depositing at online betting platforms.

    Using Cross Border Payment Provider – Inpay

    Another alternative as your 3rd party money mover is Inpay. You can make international payment on the same basis as with SWIFT. It works in a similar way to a normal bank transfer, but on an international basis. The big advantage it has over SWIFT is that their fees are a fraction of the cost.

    USA players can make deposits using their credit or debit cards making it simple for them to play at TD Bank online platforms.

    You Cannot Use Bitcoin as Your Intermediary

    Unfortunately, you cannot use cryptocurrencies as your intermediary between TD Bank and an online gambling platform. It is not possible. You will have to use one of the other options mentioned above.

    The Positives and Negatives of Toronto-Dominion USA Online Betting Platforms

    To round up, let us now take a look at the positives and negatives of playing at a TD Bank online platform.

    The Pros

    • The payment methods referred to above (excepting cryptocurrencies of course) are all easy and safe to use.
    • Transactions are immediate or take 5 minutes at the most.
    • TD Bank online platforms offer a wide choice of online gambling games
    • TD Bank casinos have attractive welcome and other bonus offers.

    The Cons

    • Transaction fees may be incurred in some instances.


    Do TD Bank permit online gambling?
    In a word, no. However, you can use a number of 3rd party intermediaries between the bank and your chosen casino as discussed above.
    Can I make deposits at USA online casinos directly from my TD Bank account?
    Not directly. But, despite the bank’s ban on making deposits at online casinos, there are various ways you can circumvent the problem as shown above.
    Are online gambling platform deposits from TD Bank safe and secure?
    Yes. Banque Toronto-Dominion is a well-established and trusted USA bank. It is one of the country’s big 5.
    Does using Banque Toronto-Dominion to fund my online gambling attract any fees or taxes?
    Yes, it does. The sums depend on which parties are involved. However, any such fees are small.
    David G. Schwartz
    Written by: David G. Schwartz
    David loves gambling and history, after being a professor at UNLV for 10 years - David was given an opportunity to create a center focused on gaming research.
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