Online casino deposit options for Malaysians
Online casino deposit options for Malaysians
Looking for a safe way to deposit Malaysian Ringgit (MYR) to an online casino account to play your favourite casino games? This article details the most popular MYR deposit options for Malaysian players and how to make a safe deposit to an online casino site.
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Is it legal to play for real money online in Malaysia?
The online gambling laws in Malaysia are complex, with Sharia Law heavily dictating the way gambling legislation is enforced for the majority Muslim population. It is illegal for an online gambling operator to provide services from within Malaysia, but there are no direct laws banning non-Muslim Malaysian residents from gambling for real money at offshore casino sites located outside of Asia. For more information, read our detailed guide to Malaysia’s online gambling laws.
Popular MYR payment methods
When it comes to playing for real money, the deposit methods available vary between all online casinos, so you may need to search around before you find an online casino that accepts a payment method that’s suitable for you. Offshore casino sites located outside of Asia typically offer a similar selection of credit cards, pre-paid cards, e-Wallets and bank transfers, while Asian casino sites have some niche payment method of their own. Below are the most popular deposit options for Malaysian players.
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Direct bank transfers
Bank transfers can be made using some of Malaysia’s major financial institutions, with deposits made using online banking, ATM deposits, or assisted over-the-counter payments. Be aware that some Malaysian banks have rules against processing payments to gambling organisations, so there is a chance your direct bank transfer request could be denied, in which case you will need to consider an alternative payment method.
Be aware that bank transfers are typically the only online casino payment method that’s not processed instantly, with it taking anywhere up to five business days to hit your casino account.
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Credit and debit cards
Credit and debit cards remain the most popular deposit method at real money casino sites, with Visa and MasterCard being the most widely accepted options. If the online casino site you’re playing at allows credit card transactions for Malaysian players, you may also be able to deposit using a Visa or MasterCard pre-paid or gift card, provided the card has been set up to allow international transactions.
Deposits made using credit and debit cards have the advantage of being processed on the spot so you can start playing for real money straight away, and are protected using strict security and anti-fraud measures.
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Web wallets
Web wallets are widely accepted at offshore casino sites accepting Malaysian players, with the most popular e-Wallet providers being Neteller and Skrill, although you may come across some others like ecoPayz depending on the casino site you are visiting.
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Bitcoin
Cryptocurrency methods like Bitcoin and Litecoin are started to become much more widely accepted at online casino sites, and are becoming a popular choice for players from grey-area markets like Malaysia. There are often casino bonus offers especially tailored for Bitcoin users, so keep an eye out for these if depositing real money using Bitcoin.
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Malaysia-specific online banking options
In addition to the common payment methods above, some Malaysian-friendly casino sites may also accept deposit using Asian payment providers such as:
- GoCash88
- Zoom Payments
For more information about how these Malaysian deposit options work, go to the ‘Banking’ section of your chosen online casino site, visit the casino’s FAQ section or take advantage of the customer service available via live chat, email or telephone and speak to a casino employee directly.
How to deposit real money at a Malaysian casino site
Funding your online casino account with real money is an easy process and can be done within just a few minutes by following these basic instructions:
- Sign up for an account with a safe online casino site that accepts deposits from Malaysian players, like any of those listed in our casino table above. All you need to do is provide your name, date of birth, address and phone number and create a username and password.
- Once you’ve created your account, login and go to the ‘Banking/Cashier’ section of your chosen casino site.
- Select your payment choice from the list of banking options provided and follow the prompts to enter the amount of MYR you want to transfer, provide your payment information and complete the transaction.
Our recommended online casino sites offer welcome bonuses for new players, so be sure to take advantage of these when making your first real money deposit.
Online casino sites accepting MYR deposits
While many offshore casino sites accept players from Malaysia, not all Malaysia-friendly casinos accept payments using MYR. If local MYR currency is not accepted, you will still be able to play for real money but your deposits and withdrawals will be subject to currency conversion fees as your MYR is exchanged to a more commonly accepted currency like USD, EUR, GBP or AUD.
If you’re looking for a reputable online casino that accepts Malaysian players and deposits using Malaysian currency, we recommend giving Dafabet Casino a go. Not only does this casino site offer a selection of slots, blackjack, roulette and other casino games, Dafabet accepts MYR deposits using local bank transfers from all major Malaysian banks and via GoCash88 and Zoom Payments.