Casinos Accepting Canadian Dollars
For example: You wish to deposit $1,500 Canadian Dollars into an online casino account. Multiply 1500 by 0.91651 to get 1374.765. So, although you are depositing $1,500 in Canadian dollars into an account, the actual deposit is only $1374.77 in United States Dollars. However, if you expect to receive $1374.77 USD as a withdrawal to Canadian Dollars, you would actually receive $1,500 instead of the United States amount (simply divide instead of multiply).
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Who Uses Canadian Dollars?
Obviously, residents of Canada have bank accounts and credit cards that appear in Canadian Dollars. Many people prefer to continue to use this currency internationally to avoid confusion about deposits and withdrawals. While none of our sponsored sites allow transactions to remain in Canadian Dollars, more sites are constantly emerging to handle this problem.
Using your Canadian Dollar at Online Casinos
At any casino that does not accept the Canadian Dollar as is, you must either convert the sum through your payment method or plan for it to be adjusted on the banking page of your online gambling website. When using a credit card or ewallet, this will be done before the money is sent and there will be no issues with the gambling site. However, certain eCheck transactions may convert the currency as the money is sent.
Fees and Costs
Normally, casino websites that offer currency conversion will perform this service for free. However, alternative payment methods (namely ewallets) often charge a fee to perform this service before the money is sent. It is often best to plan for this fee by sending money that covers both the fee and the initial deposit amount. These fees are usually very minor depending on the amount of money you are sending.