Multibanco Casinos 2026 - Online Casinos Accepting Multibanco

Simon Young

Updated:21.6.2026

What Is Multibanco?

Multibanco is the most popular payment system and a secure payment method for online casinos used in Portugal. It allows players to make secure, bank-based deposits and withdrawals without sharing card details, using a familiar system supported by major Portuguese banks.

Many reputable online casinos support Multibanco as a banking method for deposits and withdrawals. Beyond gambling, you can use Multibanco to receive transfers from other users and withdraw cash from ATMs across Portugal, it is a versatile everyday payment solution.

How MultiBanco Works Behind the Scenes

When you select Multibanco as a funding method at the cashier, the casino sends a payment request to the Multibanco network via its gateway provider. This generates a unique Entity Code and Reference Number, which act as tokenised identifiers for the transaction. 

Casinos Multibanco real-time checks to validate the reference against your bank, confirms sufficient funds for the transfer, screens for fraud, and authenticates via the secure banking system.

Authorisation grants instant permission, per the push model, while settlement follows just seconds later. The funds are then credited to your account, and you are free to start exploring the games lobby.

Best Casinos With Multibanco – Mr. Gamble’s Picks

Mr. Gamble’s team has handpicked the best Multibanco casinos for players in Portugal. These gambling platforms combine secure local payments with entertaining casino games and great bonuses.

Thor Casino

Thor Casino is an instant bank transfer casino, known for speedy deposits and same-day withdrawals via e-wallets.

Players outside of Portugal can use cards, CashtoCode, Skrill, Neteller, and many more options for fiat currency payments, while crypto is also supported. 

Rating: ⭐️⭐️⭐️⭐️☆

Stone Vegas

Stone Vegas is another top casino site offering a wide selection of payment methods, including credit and debit cards, bank transfers, e-wallets, cryptocurrencies, and more. 

The minimum deposit is €10, with maximums of up to €5,000, depending on your preferred method.

Rating: ⭐️⭐️⭐️⭐️☆

How to Deposit to Multibanco Casinos Online?

If you don’t know how to make deposits to Multibanco casinos, don’t worry. We have created a miniguide for our readers for this very reason.

1. Start by choosing a Multibanco site from our top list of recommended casinos and click on our unique link to be taken to the operator’s sign-up page.
2. Once you have created your account, visit the casino cashier to make your first deposit and claim your welcome bonus.
3. Choose Multibanco from the payment options listed and enter your desired transfer amount, ensuring it meets the casino’s minimum deposit requirement (often €10).
4. Once confirmed, the casino will generate a five-digit Entity Code and a seven- to nine-digit Reference Number.
5. Next, access Multibanco through your preferred method (e.g., ATM, app, bank) to authorise and complete the transfer.
6. That’s it. The funds should be deposited into your casino account instantly, and you are now ready to start playing.

Deposits via Multibanco use a push payment model, where you actively authorise the funds to be transferred in real-time. This is why deposits are often processed instantly, compared to the longer wait times associated with withdrawals.

How to Withdraw Money from Multibanco Casinos?

Multibanco rarely supports direct withdrawals at casinos, so you may need to use the bank transfer method, which adds to the processing time for withdrawals. Where supported, follow these steps to request a Multibanco payout:

1. Before requesting a withdrawal, ensure you have completed all your KYC requirements and that all documentation is up to date to prevent further delays.
2. When you’re ready to proceed, log in to your casino account and head to the cashier to make your withdrawal request.
3. Select 'Bank Transfer/Multibanco' from the withdrawal options listed, and enter the amount you wish to withdraw, ensuring it meets the minimum requirements.
4. Enter your IBAN/bank details in the required field to specify where you want your funds to be sent. Check your details carefully and click to confirm.
5. The casino will process your request and transfer the funds into the banking system, where they will be deposited into your account over the next few days. Exact time frames vary, but it typically takes five business days for your payout to be credited to your account. 
   
   Casino Multibanco Fees & Processing Times

As support for Multibano payments is limited, casino processing times for withdrawals appear to be relatively slow compared to alternatives. The advantage is that Multibano charges no fees, so if you’re happy to wait to receive your funds, you won’t need to sacrifice any to payment charges.

Multibanco Casino Online Security 

Multibanco is a standout casino payment method for Portuguese players as it's built with a robust design based on bank-level protection. 

Transactions utilise strong encryption to scramble data during transmission, thereby reducing the likelihood of hackers accessing sensitive information.

The authentication process adds another layer of security, with unique Entity Codes and Reference Numbers generated by the casino for you to use while authorising the payment via your bank, app, or at the ATM. 

Your card and bank account details aren’t shared with the casino; instead, the system tokenises your details, creating a one-time virtual link that verifies your casino online Multibanco deposit. 

Multibanco vs Other Payment Methods

Here’s how Multibanco compares to other popular casino payment methods:

• Multibanco vs Trustly: Trustly is the best alternative for international players who cannot access Multibanco. Both services offer instant, fee-free deposits with top security via bank redirects, and Trustly has the bonus of being available outside of Portugal.
• Multibanco vs Neteller: Neteller supports instant e-wallet payments, whereas Multibanco provides instant bank transfers. Both are fee-free, but Multibanco is only available in Portugal, whereas Neteller has global availability.
• Multibanco vs. Bank Transfers: Although Multibanco utilises the banking network, it enables instant and fee-free deposits. Both methods are equally secure, but Multibanco wins for convenience of processing times.

Multibanco: Common Issues & Fixes

If you encounter any issues while using Multibanco casinos, try these common troubleshooting steps:

• Entity or Reference Not Recognised: If these unique codes are entered incorrectly, they will not work. Double-check all details and try again. Use the copy and paste function on your device for accuracy.
• ATM Out of Service: Even if you are not withdrawing cash, some ATMs may appear out of service if they need to be refilled. Try a different machine or use your banking app if you’re unable to use the ATM to fund your account.
• Bank Limits Reached: If you have limits set on your bank account, reaching this limit may cause a payment to be rejected. Review your spending and account limits, and make adjustments as necessary to release the payment.

Who MultiBanco Casino Payment Method Is Ideal For

As Multibanco is a uniquely Portuguese product, it is only suitable as a casino payment method for players based in Portugal or those holding Portuguese bank accounts. For the rest of Europe, the UK, and the US, methods like Trustly make a suitable alternative.

Multibanco offers players bank-level security, making it a fantastic option for security-conscious gamblers. Additionally, as you can use an ATM to fund the payments, it opens up more options for players who wish to use cash without having to visit a land-based casino.

What Can Delay Your Multibanco Payment?

Several factors may cause your Multibanco payment to be delayed, as with any major payment system. For example, casino side-checks, such as fraud flags and ID verification, are particularly prominent on your first payment at a new casino site.

Insufficient funds in your account can result in instant rejections, requiring you to re-enter the payment once the funds have been added.

Delays can also increase during peak times or when casinos are experiencing high volumes of KYC checks, or if banking networks are congested.

FAQ

Written bySimon Young

Casino Writer and iGaming Editorial Expert

Simon is a former national newspaper editor with 20 years in iGaming, including a decade leading global content at PokerStars. At Mr. Gamble, he writes about mobile casinos, apps and payment methods, using his newsroom and operator-side experience to make the practical details clear.

Meet Simon