Ivobank is the new Bank designed for the igaming community. They launched in September 2008 and since then they have gone from strength to strength, partnering with some of the leading online gaming sites online. As a bank and unlike other payment solutions, their customers’ funds are protected by the UK Financial Services Compensation Scheme up to £50,000. Having an Ivobank account offers many advantages, such as earning interests on funds held in the savings account at a very competitive rate, a versatile bank account to shop online, instant transfers and free deposit options; all of which have proven a great success with players around Europe. What makes Ivobank a unique product is that they are a licensed Bank, but designed with players in mind. Players can now have the peace of mind that only comes from transacting with a regulated Bank. Customers can fund their accounts by credit and debit cards, for free until the end of June 2009. Local Bank transfers are also free.

Ivobank is new, but is run by a highly experienced team with backgrounds in financial services, online payment services and an extensive experience in online gaming. As a payment method, they are fully integrated within their partners cashiers page, making the deposit process an easy and seamless operation, and this is to be said for their withdrawal solutions. They understand the importance of having prompt and cost effective access to funds if requested, for this reason making a withdrawal with Ivobank via cashiers pages is as simple as making a deposit. Once the funds are transferred to an Ivobank account, an easy transfer can be made to move the bankroll to an external Bank, to another Ivobank account, or to a Savings Account, so it can start earning interest.

Ivobank is regulated by the UK Financial Services Authority. (FSA) This means that, as a bank and unlike other payment solutions, their customers’ funds are protected by the UK Financial Services Compensation Scheme up to £50,000.

Ivobank is currently fully operational in 9 countries: United Kingdom, Italy, Spain, France, Germany, Austria, Netherlands, Ireland and Canada, however they are open to offer their services to a wider global audience and accept applications from most countries.

To celebrate its successful partnerships, Ivobank have created a very exciting promotion offering their customers the chance to win a trip of a life time. The lucky winner will be enjoying 5 nights stay in Monte Carlo, at the luxurious Hotel Ambassador, €1,000 spending money and helicopter transfers. For all the details and to see which gaming sites Ivobank is partnered with click here