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iGamingServices assists the licensee in working out the bank accounts that are required and how these accounts will be operated. This is especially important with regards to keeping players' funds and company funds according the LGA regulations.
This assistance is often delivered during the Business Plan stage as well as during the Control System documentation when workflows are being established for the various operational tasks.
A licensee will be required to open bank accounts. Often times, the licensee is setting up a brand new company and being foreign, has no previous relationship with for example Maltese banks.
Dealing with a bank involves establishing several relationships with different branches. For example bank accounts and credit card processing facilities are run by different departments. iGamingServices helps with making the right introductions and facilitating the process for both the bank and the licensee.
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