The Kingdom Bank

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Most of us handle our day-to-day business using a local bank. The approach is convenient for users, as their nearest financial institutions can better support their needs than international banks. However, there are some areas where global financial institutions shine! If you are looking for a crypto-friendly bank with outstanding cross-border payments, then The Kingdom Bank will be right up your street.

The service follows strict security protocols as required by the financial regulator overseeing its operations. It also backs up safety with convenience, combining banking services with effortless international payments in fiat and cryptocurrencies. All these factors make The Kingdom Bank a very appealing payment method to use in online casinos.

Keep reading to learn more about this banking option and its capabilities. Find out if The Kingdom Bank is the right casino payment method for you in this review.

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About The Kingdom Bank

The company was founded in 2015 and is based in the Commonwealth of Dominica. The Kingdom Bank is licensed and authorized by the country’s Ministry of Finance under the Offshore Banking Act. The company has earned multiple awards, including the Best International Fintech Banking award at Crypto Expo Dubai 2021. Users can also rest assured that The Kingdom Bank is both ISO 27001 certified and PCI-DSS compliant. That means all services offered by the bank adhere to the strictest security standards in the world.

Target Markets

The bank accepts clients from all over the globe barring the United States. This is excellent news for players, as they can add and remove funds from any casino that integrates The Kingdom Bank into its payment methods. The company allows users to make local and global payments with over 50 currencies. The Kingdom Bank’s accounts support multiple legal tenders, meaning you can transfer funds into different currencies as needed.

The Kingdom Bank is trustwothy when it comes to crypto payments

The Kingdom Bank is trustwothy when it comes to crypto payments

The Kingdom Bank Account

You must register an account with the bank before using its services. Fortunately, the registration procedure is easy to complete. For individual users, you just need to provide your full name, country, and phone number to sign up for an account. After registration, you must enter additional information to complete The Kingdom Bank’s KYC verification.

How to Deposit with The Kingdom Bank?

Depositing funds through this banking option is remarkably straightforward. After logging into your casino account, open the cashier page and find The Kingdom Bank among the available casino payment methods. Fill out all the requested information on the deposit page, then initiate the transaction. You will have to sign into your bank account to approve the deposit. If everything goes well, the funds will be added to your casino balance immediately after the deposit completes.

How to Withdraw with The Kingdom Bank?

Access the cashier or banking section from your casino’s home page and select the withdrawal option. Depending on the gambling site, you will see The Kingdom Bank listed separately or included in the wire transfer payment method. After choosing the banking option, fill out the required details and press the Withdraw button to start the cash-out.

Transfer Times, Fees, and Security

The Kingdom Bank’s deposits transfer your funds to the casino as soon as you hit the deposit button. Meanwhile, you will have to wait a couple of days to receive your funds. The delay comes down to the casino needing time to review and approve your withdrawal request and the money being wired to your bank account.

As best we can tell, the company does not charge you extra for depositing and withdrawing using its service. However, some online casinos may impose fees when using The Kingdom Bank.

The bank is ISO-27001 certified, meaning it adheres to strict data security rules. It also meets PCI-DSS security standards, meaning The Kingdom Bank payments are as safe as credit and debit cards.