What Are The Banking Options At Play OLG Canada?

Banking Options At Play OLG Canada

Banking options at Play OLG Canada are the deposit and withdrawal methods that players in Canada can use to play the games offered by the casino site. Play OLG Canada is the official Canadian lottery site to play Daily Keno online. You can play Daily Keno in two ways. That is either online or offline. When you play Daily Keno online you need to make a deposit and buy the ticket.  You can also add an encore for just an extra buck.

Buying your lottery tickets online is easy. All you need is to register at Play OLG either on PC or tablet or on your cell phone with their app. This means you need to open your real money account go play Daily Keno.

On the Play OLG Canada homepage browse the lottery games and select the one you wish to play.

If you want to play Daily Keno Select ‘Buy Tickets’ to pick your numbers. Or choose the Auto pick option that will automatically generate random numbers for you.

Once you’ve chosen your total number of plays, and confirmed your number of selections, review your ticket details and complete your purchase!

The second way to play Daily Keno is that you will visit your nearest lottery retailer and buy Keno ticket. There you don’t require any specific banking options at Play OLG.

Deposits and Withdrawals at Play OLG Canada

Under the banking options at Play OLG Canada you will find that it accepts Visa Debit, Visa Credit, MasterCard, Debit MasterCard as well as INTERAC  Online payment. Certain credit cards backed by U.S. financial institutions, as well as retail store-branded credit cards, do not accept online gambling transactions. If your deposit is rejected, you  try a credit card issued by a major Canadian bank or contact your card issuer to find out if they restrict deposits to OLG.ca.

You can also choose to add funds to your account using INTERAC Online. This service is different from the INTERAC payment you use in stores. It’s a special service for se cure online transactions that lets you make online payments INSTANTly and directly from your bank account.  Not all banks support INTERAC Online payments. To see if your financial institution supports this method, check out INTERAC Online. Also check with your bank to see if they charge any additional fees for this service.

• Remember that you can make up to 10 deposits a day and you can change payment methods once a day. 
• Your banking information is protected and only accessible to OLG and its third-party service providers (e.g. payment processors
• OLG doesn’t charge fees for deposits. Any additional fees are charged by your financial institution.  
• In most cases, credit card deposits made to an internet gaming site such as OLG.ca are treated as cash advances and are therefore subject to the applicable fees.  
• Other fees may be associated with Visa Debit, Debit Mastercard and INTERAC online transactions as well.  

Note that Credit card gift cards are not supported for any OLG.ca transaction.  But can be used at your nearest lottery retailer.

Your funds are available for play on OLG.ca as soon as you make a successful deposit using your selected payment method.  

Identity Verification

In order to meet Canadian anti-money laundering and terrorist financing legislation, the lottery team is required to conduct identity verification that meet the regulations enforced by FINTRAC for all deposits valued at $3,000 or greater when the Player has not already been verified.  These deposits trigger an electronic identity check and depending on the result, the deposit either continues forward or it is stopped. 

The banking options at Play OLG. and deposit can be stopped for one of two reasons. 

• First, if the verification system is down, all deposits of $3,000 or greater cannot proceed until the verification have been completed. 
• Second, if the identity verification result is ‘failed’, further deposits of any value are prohibited until the identity can be verified.

If the electronic check failed, OLG now have to identity you, using copies of identification and supporting documentation.  

There are mainly two documents required when using banking options at Play OLG. One that includes your Name and Date of Birth at a minimum, and another that includes your Name and Address.  Acceptable documents include:

To upload your documents, navigate to the Upload Documents page located under the Account Information section of ‘My Account

Make sure to use the formats and maximum file sizes indicated on the upload page.

Finally, once updated, you can contact Player Support and advise them that you have uploaded documents when using banking options at Play OLG for review due to a deposit greater than $3,000. OLG will review the documents and follow up with you within 48 hours.

How to make a withdrawal at Play OLG Canada?

• Before you can withdraw funds, you need to register a bank account that is in your name and upload supporting documentation so that the casino can securely transfer the money to your bank account.
  
  Simply log in and navigate to ‘My Balance’ in the upper right corner of the header beside your Player Icon.
  
  Click your balance amount (highlighted in yellow) and choose ‘Withdraw Funds.’
• To register your bank account grab a void cheque or a bank statement: you’ll need a few details to register. Enter your banking institution, transit and account numbers. Then click ‘Continue’ to save your banking details. You’re halfway there! Note, you must save your banking details before proceeding to the next step that is to upload the documents.

Next, verify your account when using banking options at Play OLG is by securely uploading  recent documents (within 2 months)  containing your name address and banking information. Acceptable documents include copies, electronic images or downloads of a:

• Void Cheque / eVoid Cheque
• Cleared Cheque
• Bank Statement

To proceed with uploading the required documents, select ‘Add File(s).’

• Once your documents have successfully uploaded for banking options at Play OLG., you can click ‘Submit’ to finish uploading your banking documentation.
• Now that your documents have been uploaded and are awaiting verification, click ‘View’ to review your bank account information.
• If your bank document does not contain your address, you can upload a combination of:
  A) One of the banking documents mentioned above
  B) A piece of mail, such as a utility or phone bill, that includes your name and address.
• Once verification is done you are ready to use banking options at Play OLG or make a withdraw
• You’re now ready to withdraw! Enter the amount you wish to withdraw into the field and click ‘Submit.’
• Once submitted, you will get a notification saying your request has been received and is pending approval. You can also scroll down to your ‘Pending Withdrawals’ to check.
• To see all your withdrawals Click the Player Icon, select ‘My Transaction History’, then ‘Banking Transactions.’

What is a 7 day deposit limit at Play OLG?

At Play OLG Canada they offer a 7-Day Deposit Limit which is a mandatory money limit in your  ‘My PlaySmart Tools’ to help you budget your play on OLG.

To get the 7 Day deposit limit at banking options at Play OLG optimized you need to first visit the Play OLG online casino in Canada and visit the My PlaySmart Tools section once you login to your casino account. This settings can be customized according to your set limits which will help you stick to your bank roll when you play the games at play OLG casino site.

Earlier your deposit limits for banking options at Play OLG and for all OLG players would reset on Monday at midnight, and now it is a rolling limit and will refresh 7 days after each deposit.  This means that the amount of deposit you have against your limit is cleared in 7 days later to the minute. For example suppose you make a deposit limit is of $100 and you deposit $100 on the same day then you will have to wait for 7 days to again make a deposit of $100. Also suppose your deposit limit is $100 and then you make a deposit of $25 on Friday and another deposit of $75 on Saturday, then in this case also you will have to wait till the following Friday completing your 7 days limit to make another deposit of $25 and then of $75.

How does a 7 Day Deposit Limit Work?

When it comes you how does this deposit limit work then as stated above this 7 day deposit limit is the maximum amount that you can deposit into your casino account in a 7 day period.

You can never deposit more than the deposit limit that you have set. You set yourself the amount of limit  though it is not necessary to deposit it in full in a 7 day period unless you wish for.

The benefits include:

• You can control your budget when playing games and not spend more than your limit.
• Staying within a budget is manageable for you.
• You yourself set your limit according to your affordability.

Also remember that you should not increase your deposit limit to try to recoup your losses. There’s no guarantee of winning and all games on OLG.ca are meant for entertainment only.

You can choose to increase or decrease your deposit limit at any time. If you make a decrease in  limit it will take effect at once and if you increase the limit then you will have to wait for 7 days,

While decreases will take effect immediately, increases require a waiting or “cooldown” period of 7 days.

If you have a pending limit and are within the waiting period and then choose to increase the limit again, the cooldown period will refresh by another 7 days.

Whatever changes you will make on your deposit limit you will get a confirmation message  which will showcase your limit change details. Also you can tap on your player icon given on the right hand corner of your account page and click on my messages to get the confirmation.

How to set your 7 Day deposit limit?

There are two ways with which you can set your deposit limit.

The First Method:

• Go to your player icon of your casino account in the navigation bar and get to My Balance. Tap on that and you will get a drop down menu.
• Select ‘My Playsmart Tools’. Tap on ‘Edit’ in the upper right corner of the 7-Day Deposit Limit box and set your limit.

Second Method:

• You can do this automatically when you get a prompt to do so when you make a
  first deposit.
• Note that you won’t be able to deposit more funds until your limit refreshes in 7 days. You can set your 7-Day Deposit Limit and visit the ‘My Play Customizer’ of ‘My PlaySmart Tools’ to view more information about the types of limits set, and the duration of your limits.

Conclusion

Banking options at Play OLG Canada offers a range of convenient and secure deposit and withdrawal options to enhance the gaming experience for its customers. With various payment methods available, including credit cards, e-wallets, and bank transfers, players have the flexibility to choose the option that best suits their preferences and needs. These deposit methods make it easy for players to fund their accounts and enjoy the wide array of games and services offered by Play OLG.

Furthermore, the withdrawal options provided by Play OLG ensure that players can access their winnings efficiently. Whether opting for e-wallet transfers, bank withdrawals, or other suitable methods, the platform ensures that players can securely and promptly receive their funds. This flexibility and reliability in both deposit and withdrawal processes contribute to a positive and satisfying gaming experience for users on Play OLG Canada. Players can enjoy peace of mind, knowing that their financial transactions are handled with care and efficiency, allowing them to focus on the excitement of gaming.

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