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What are BankID casinos?

BankID casinos are all online casinos that accept BankID payments. BankID is an electronic identity certificate issued by a group of ten Swedish banks. To mention just three functions, customers can use BankID to access their bank accounts, purchase goods and services, and sign online contracts.

Because the BankID system is a secure payment method, several online casinos also support it. These are the so-called BankID casinos, where you can use your BankID to make a deposit.

First, though, it's important to find the best online casino possible: this page will help you do that, as well as inform you of this service's pros and cons, the history of BankID, and how to find bonuses offered by BankID casinos.

Table of contents:
  1. History of payments by BankID
  2. Pros and cons of BankID
  3. How to pay by BankID in an online casino
  4. BankID mobile casino deposits
  5. Finding the best BankID casino for you
  6. BankID casino bonuses

History of BankID

The need for BankID came from the Swedish authorities in 2001. They wanted to give the Swedish population the option of identifying themselves with an electronic signature, rather than a physical one.

Their solution was to turn to the country's banks, who among them already had millions of customers' electronic records. They formed a consortium called Finansiell ID-Teknik BID, and in 2003 it issued its first e-ID to a customer, known as a BankID.

Note: The idea was a success. By the end of 2004, the number of BankID users passed the 100,000 mark. Early uses included signing into tax and social insurance accounts, but BankID's booming popularity meant the consortium quickly acquired new services.

Fast forward to 2010, and BankID was now the most common way for Swedish users to log in to internet and mobile banking. Mobile BankID, under the name of Swish, helped to fuel growth further. The service recorded over one billion transactions in 2015 alone.

BankID has continued this remarkable expansion to this day thanks to its speed and security. According to the official website, over 99% of Swedes between the ages of 18 and 67 now use the service. Furthermore, BankID is regulated by the Swedish Digital Administration Authority (DIGG).

Pros and cons of BankID

With BankID being such a popular service in Sweden, it must have several excellent features, but it does also have some drawbacks to consider.

Pros Cons
Great versatility Available only in Sweden
Free to use desktop version Accepted by small number of online casinos
High level of security Possible withdrawal fees
Pros and cons summarized

BankID is extremely versatile. You can use it for over 5,000 services, including paying bills and handling taxes. As a simple platform, it's also extremely easy to use, meaning you can do a range of secure activities online in a matter of minutes.

Another advantage of BankID is that it is publicly funded, so there are no fees for using the desktop version. This is unlike many banks or start-ups that charge for their security measures. There may be a fee for the mobile version, so check the T&Cs for that before signing up.

Also, its main purpose is to ensure that the player is who they say they are, so the banks involved pull out all the stops to keep it safe. Therefore, BankID is licensed by Sweden's top security authority, and uses the latest tech measures, like QR codes, to keep payments safe.

The main drawback is that although BankID is great for Swedish residents, it is not available for people based abroad. You need a Swedish bank account to get a BankID, ruling out most global citizens.

Since BankID is unavailable outside Sweden, naturally, the range of casinos accepting it is also quite low.

How to use BankID in online casinos

BankID offers a simple identification process, so making a casino deposit shouldn't take long at all.

Once you've found a top casino, make sure that you have your account ready to go and your bank details with you. Then, follow this quick step-by-step guide:

  1. Go to the casino's banking section and select BankID from the list of deposit methods.
  2. Enter your BankID code and the amount you wish to deposit.
  3. Double-check everything is correct then click 'Confirm'.

Note: Depending on the bank your funds are coming from, the transfer could take anything from a few seconds to a day or so. If they don't appear after two or three days, then check with your bank and/or casino to check if the payment went through.

BankID withdrawals are also possible. In this case, all you need to do is repeat the above process, but by going to the casino's withdrawals section and choosing 'BankID' there. Some casinos are quicker than others, so it might take longer for your funds to arrive in your account; they may also be subject to a withdrawal fee.

BankID mobile casino deposits

BankID also uses a QR Code-based system for mobiles and tablets, which is good news for fans of mobile-friendly casinos.

To make a mobile deposit, you need to get the casino's QR code, which it should offer you once you enter your deposit information in the BankID option of the cashier.

You then open your BankID app and press 'Scan QR code': this will verify that you are in the same place as the device you're using and will give you the go-ahead to make the deposit.

Finding the best BankID casino for you

We know that looking for the best online casinos is a tedious and time-consuming process. This is why Casino Guru decided to create its very own process, one that's designed to help you root out bad sites and give you the best playing experience possible.

Our team of experts has done this by assigning a Safety Index to every BankID casino on our database. Rather than look at factors that are a matter of opinion, like the quality of its games, this rating is based on objective factors like:

  • The size of the casino and its ability to pay out big wins
  • The standard of its related casinos
  • The number of complaints it's received

Plus, several other standards that we can use to assess each site in the cold light of day.

You can see the BankID casinos with the best ratings by clicking the 'Recommended' tab at the top of this page. These are the finest options available, and we encourage you to start with them.

It's not just established sites that can give you a good time, though. New casinos might have nice welcome bonuses as they try to build their reputation, and you can see the latest BankID sites by clicking the 'Newly opened' tab.

Other filters you can make use of include 'Game Provider' (so you can find sites with games from your favorite developer), 'Language', 'Currency' and 'Withdrawal Limit'.

If you'd like to see the full list of BankID sites, then just click the 'All' tab.

Note: For anything we might have missed in this section, our How to choose an online casino guide will have it covered. Read this to become an expert in casino hunting.

BankID online casino bonuses

You might be wondering which of these BankID casinos offer bonuses for new players. Well, you're in the right place. Casino Guru will make it easier for you to track down those deposit bonuses—the free spins on slots or credit you get for putting money into your casino account—or no deposit bonuses, those extras you get simply just for registering.

The starting point is our list of casino bonuses. Here, you can choose BankID in the 'Payment Method' filter to see all the relevant offers. You can also narrow these down to type: for deposit bonuses, for example, go to the 'Bonus Type' section and choose 'Deposit Bonus'. You can also go to our list of deposit bonuses to see these.

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