MultiBanco is an online payment method, operated in Portugal by SIBS, Sociedade Interbancária de Serviços. This method transfer funds online using a virtual credit card issued by MultiBanco in order to enable its holder to carry on effective Internet payments at MultiBanco casinos or with other Web merchants.
In order to activate this service you must hold a debit or credit card issued by one of the following Portuguese banking institutions: Activobank; Banco BPI; Banco Espírito Santo; Banco Espírito Santo Açores; Banco Popular; Banco Santander Totta; BANIF; Barclays; BEST; BIG; CCAML; Caixa Geral de Depósitos; Millennium bcp; Montepio and Unicre.
If you want to see a how the MultiBanco system functions in detail, the MBnet site has an excellent simulation demo which you can run at http://www.sibs.pt/pt/servicos/processamento/mbnet/demo/MBNET_demo.swf
The quickest way for you to open an account is to use the link at the bottom of this page. You will be sent to an identification form, where you will enter your Identification and your secret code: these are temporary data which you decide and which will be used to issue a temporary card for you.
This will enable you to pay your first deals online to Internet shops and MultiBanco casinos.
If you need additional information, you can check their Frequently Asked Questions at http://www.sibs.pt/pt/servicos/processamento/mbnet/faq.html or contact directly the MultiBanco staff using the online form at http://www.multibanco.pt/pt/contactos/ (they will respond during office hours only). In case your card or your card details were stolen, please contact immediately SIBS at 808 201 251 or 217 813 080 (service available 24 hours).
MultiBanco users can instruct the bank to fix a maximum amount which can be spend daily using this virtual card. Besides the obvious advantages concerning security issues and preventing theft and frauds, it is also an important step for players which are sensitive to issues like responsible gaming and compulsive gambling.
For all the above cases, MultiBanco is a great cashier option for depositing and withdrawing money in a MultiBanco casino.
If you want to open a MultiBanco account now, here is a convenient link for you:
OPEN A MULTIBANCO ACCOUNT