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Accounts for regulated iGaming businesses

Account opening time

14 days

SEPA Business account
Multicurrency SWIFT accounts

iGaming industry challenges

International iGaming companies face significant challenges in managing their financial operations, as traditional banking systems have imposed high fees and restrictions on such businesses. This has been particularly problematic for companies needing to seek gaming licenses in jurisdictions like Anjouan and Curacao, which have started issuing such licenses around early 2000s.

iGaming companies can be susceptible to the following operational challenges:

  • Difficulty in getting banking services due to perceived high risk
  • Demanding regulatory requirements for popular jurisdictions like Anjouan and Curacao
  • Rigid fees imposed by traditional banking systems
  • Inefficient processes for managing international transactions
  • Lack of digital asset support

Satchel solutions

Understanding the nature and needs of the iGaming business, Satchel offers a full set of financial solutions tailored exactly to serve the iGaming industry:

Direct connection to SEPA
European IBAN and SWIFT accounts in 20+ currencies
Segregated account protected by the national bank
Compliance team with an expertise in iGaming
Flexible tariffs
API integrations
Personal human manager

Expected outcomes

By integrating Satchel solutions, iGaming companies can achieve the following results:

Full adherence to regulatory requirements in popular jurisdictions like Anjouan and Curacao
Fully remote business account opening
Accepting and sending payments
Sending and receiving payments worldwide in the most popular fiat currencies (20+)
Expert advice on any operational challenges
Accelerating funds in the accounts fully protected by the national bank

How to get started

1

Fill out KYC/KYB forms

2

Submit required documents for compliance verification

3

Confirm iGaming license

4

Provide IDs, VBOs, and the source of funds

5

Open a business account with Satchel – get EU IBAN right away

6

Open additional accounts (if needed) in 20+ currencies

7

Order corporate cards for managing expenses, payroll, etc.

8

Explore digital asset on-ramp/off-ramp services