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Ontario License Account
Named accounts for Ontario Licensed businesses. CAD, USD, EUR, GBP & more. Worldwide bank rails, including SWIFT. Pay and receive from 160+ Countries. No limits. Instant settlement. Multi user access and Dual Approval. Dedicated Account Manager. And more.
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Ontario Gaming Licensed? Everything You Need.
Xace are 100% focussed on banking and payments for the global gaming sector. We are a market leading banking and payment service provider, dedicated to supporting licensed operators in Ontario for Casino, Poker and sportsbook businesses.
To align with the release of the Ontario Gaming License, Xace expanded into Canada and is registered with FINTRAC as an MSB.
Our Xace banking and payment services operate worldwide, with fully connected banking rails for our Ontario Licensed customers. This means if you are a standalone Canadian entity, or part of a wider global group, Xace can support your requirements.
We issue named accounts under a Xace BIC/SWIFT code. Why does this matter? Xace make the decisions and we understand gambling, meaning you deal with one payment institution who truly knows the industry and your needs.
Global currencies, worldwide banking rails and dedicated account managers for each customer. What's more we facilitate instant payments, 24/7, any currency between companies using Xace.
Our named business accounts ensure an account is yours, while your clients and beneficiaries always see payments to and from your company.
Multiple features
Our online banking platform is packed full of features to help our Ontario Licensed customers, with Xace pushing boundaries with what can be achieved in the gambling payments sector.
Ontario based operators who use Xace for their payment needs, as a Casino, Sportsbook, Poker table or Lottery, can benefit from a market leading product and engaging account management team.
Multiple payment options
Whether you operate within Ontario, or from outside Ontario, Xace is there to provide you with all the payment and banking services you will need.
Business Payment Account Features
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Named Accounts, receive and pay to third parties in your name.
Worldwide bank rails and currencies, no transaction limits
Instant settlement to your group companies and other Xace clients
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Dedicated Account Manager
Accounts to suit your business
Ontario Operators
Ontario Licensed Accounts, packed with business features.
Suitable for Operators who:
- have an Ontario Gaming License or are in the application phase
- wish to receive settlements from third parties, PSP's, card processors and more
- has any type of ownership structure
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Ontario Game Providers
An account for Ontario Game Providers and Aggregators.
Suitable for Game Providers who:
- are incorporated in Ontario, or
- target Ontario, or
- development or market games for Ontario Licensed Operators
Affiliates & More
For affiliates and marketing gambling companies.
Suitable for Affiliates who:
- accept payments from any operators
- target and promote Ontario Gaming
- wish to make payments to online promotion or marketing sites, sub-affiliates and more
Online Access
Specialist Business Features
FX and International Payments
Xace customers can FX between their accounts, or settle to 160+ countries. Furthermore all companies with Xace benefit from instant international FX between accounts.
Clear and Transparent Cost Tracking
Keep track of your business with multiple accounts per currency, with spending alerts from inbound and outbound transactions. Split your user payment approvals, however you require.
Sub Accounts, per Sector or Department
Split your accounts between department, currency, account type or however you determine. Unlimited accounts can be added, just ask your Account Manager.
Internal Payments
Simple, quick, instant. Move your money around whenever you like. Xace never closes and Internal Payments are possible all day, every day.
Accountant Friendly
Make life a little easier for your finance teams, with multiple report download options. We have bespoke reports based on the criteria of your accountant or finance teams.
Managed Accounts
We know gambling and payments. Our Account Managers are always on hand to provide support or assistance, as well as keeping you advised on our new features.
Featured Article
5 ways your business can send and receive money internationally
Latest News
Xace targets Ontario License holders with MSB License in Canada
Categories
Bitcoin Banking & Payments
Esports Payments
Gambling Accounts
Online Payments
Payment Accounts
Payments
Accounts
iGaming Conferences
Esports Events
Related Account FAQs
Yes, Xace accept multi-tier structures, across multiple jurisdictions.
At Xace we provide 12 currencies, all with gambling friendly payments available. These are CAD, USD but also EUR, GBP, CHF, CZK, DKK, HUF, NOK, PLN, RON, SEK.
Yes, Xace accepts the Ontario Gaming License. Our onboarding team understand fully the Ontario license and can onboard licensed operators within 1 week. Please see our dedicated Ontario Gaming License information.
Currently Xace Canada offer SWIFT, CHAPS, BACS, UKFP and Fedwire.
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