Last updated: 26-06-2026
Pay by Bank is the generic label for Open Banking payments at Seven. It works identically to Trustly — you select your UK bank, approve the payment in your banking app, and funds transfer instantly. Withdrawals also process in minutes via Faster Payments. The underlying technology is the same FCA-regulated Open Banking infrastructure. Whether the cashier labels it Pay by Bank, Trustly, or Open Banking, the experience is identical.
Pay by Bank exists because some casinos use white-label Open Banking providers rather than Trustly specifically. The flow, speed, security, and bank support are the same. If both Trustly and Pay by Bank appear in the Seven cashier, they are functionally interchangeable — use whichever is listed. The advantage over debit cards is clear: instant withdrawals (minutes vs 1–3 days), higher limits (£10,000 vs £5,000), and no card data shared with the casino.
Author’s tip from Marcus Hale, Online Casino Reviewer: “Open Banking is the most secure deposit method available at Seven. Unlike card payments where you share your card number, expiry, and CVV with the casino, Open Banking shares nothing — your banking app handles the entire authentication. The API connection is read-only and limited to the specific transaction amount you authorised. No credentials, no card details, no sensitive data leaves your banking app.”Pay by Bank Deposit specifications at Seven
| PAY BY BANK DEPOSIT — KEY SPECIFICATIONS | |
|---|---|
| Method | Pay by Bank (Open Banking) |
| Min Deposit | £10 |
| Max Deposit | £10,000 |
| Deposit Speed | Instant |
| Withdrawal | Yes — minutes via Faster Payments |
| Casino Fees | Zero |
| Bank Fees | Zero |
| Bonus Eligible | Yes |
| Currency | £ GBP native |
| Supported Banks | All UK Open Banking participants |
| Account Required | No — existing UK bank account |
| Key Advantage | Instant in + instant out + no data shared |
What is Pay by Bank and how does it differ from Trustly?
How to deposit with Pay by Bank Deposit at Seven
- Open Seven cashier and select Pay by Bank.
- Enter your deposit amount in £. Minimum £10.
- Select your UK bank from the list.
- Approve the payment in your banking app (biometric or PIN).
- Funds appear in your Seven balance instantly.
- Withdrawals process in minutes to the same bank account.
Advantages and limitations of Pay by Bank Deposit for UK players
Every payment method involves trade-offs. Pay by Bank Deposit is no exception. Understanding both sides before your first transaction prevents surprises.
- Advantages:
- Instant deposits and withdrawals
- Zero fees
- No card data shared — most secure method
- Full bonus eligibility
- £10,000 limit — highest instant method
- No third-party account needed
- FCA-regulated
- Limitations:
- Requires UK bank with Open Banking support
- Banking app must be installed and functional
- Less familiar than card payments
- Not available at all UK casinos
- Some banks slower to adopt Open Banking
How does Pay by Bank Deposit compare to alternatives at Seven?
| Feature | Pay by Bank Deposit | Trustly | Visa Debit |
|---|---|---|---|
| Deposit Speed | Instant | Instant | Instant |
| Withdrawal Speed | Minutes | Minutes | 1–3 days |
| Fees | Zero | Zero | Zero |
| Data Shared | None | None | Card number/CVV |
| Max Deposit | £10,000 | £10,000 | £5,000 |
| Bonus | Yes | Yes | Yes |
Why is Open Banking the future of UK casino payments?
Open Banking in the UK is governed by the FCA under PSD2 regulations. All participating banks must meet strict security and data protection standards. The Open Banking Implementation Entity (OBIE) oversees the technical standards. Pay by Bank transactions at Seven are processed through FCA-authorised payment initiation service providers (PISPs) that meet these standards.
