A bank transfer (sometimes an electronic funds transfer or wire transfer) is a secure way to transfer money online. These transfers just need some basic information to deposit into your casino account or get a payout.
It’s a popular casino banking option for many players, though the processing time is one of the longest. While the fees vary from bank to bank, you can transfer larger amounts than you could with other payment options.
Instant Bank Transfer Online Casino Deposits
When you want to claim a bonus or simply fund your account, you can follow our easy steps. Just keep your bank account number and PIN code nearby:
1. Sign Up for a Bank Transfer Casino Account
Before you can deposit, you’ll need to create your account at the casino by choosing a username, password and typing in your email address on the first tab. Next, you’ll be directed to provide your identity document, proof of address, and anything else the casino needs.
Once that’s done, you’ll receive a confirmation email and be able to log into your new account. Just double-check your username and password before you click the “login” button.
2. Go to the Deposits Page and Select Wire Transfer
Next up, click on the banking page and go to deposits, then choose bank transfer from the list of options. You’ll need to type carefully when you input the amount you want, especially if you claim a bonus.
Most casinos add a minimum deposit requirement to any bonuses and transfers you make. So, we recommend reviewing your chosen virtual casino before starting the process.
3. Supply Your Details to Initiate the Payment
Next, you’ll receive the casino’s banking details, which you need to type into your online banking portal. Ensure that you select the right amount for the transfer and that it meets the requirements.
If the casino offers it, you can use an instant wire transfer portal to make things a bit faster. We highly recommend using instant payment services to get your payment through quickly.
4. Wait for Your Funds to Reflect
It can take between two hours to three days for your funds to reflect in your casino balance, but don’t let it discourage you. If you choose one of our recommended casinos, the shorter time is more likely.
Still, it’s wise to check the terms and conditions of your bank account’s transfer facilities. Most of the time, casinos have an account with a different institution; thus, it will take a while.
Making a Bank Transfer Withdrawal
Once you’ve played through your bonus and won a neat profit on casino games, it’s time to withdraw funds to your bank account. Many online gambling sites have a similar setup, so you can follow these steps for a fast payout:
1. Head to the Banking Page
Firstly, you need to open up the withdrawals tab on the casino banking page and select bank transfer. Next, you’ll be redirected to the payment page, where you need to supply your bank account number and PIN code.
Once you’ve got everything set up, you can click “Continue” and verify the payment as needed. Of course, this will depend on your bank, so you should always double-check.
2. Choose an Amount to Withdraw
Now, simply pick an amount to withdraw that doesn’t include your bonus and deposit amount. These are considered the “withdrawal fees” that the casino voids after your withdrawal.
If you chose not to take a bonus, type in any amount within the withdrawal limits. These can be found on the banking page or be tied to the high roller or loyalty program.
3. Click Withdraw & Wait for Your Money
When you click “Accept”, you’ll have to wait a few hours or days for your request to process. Since this varies widely, it can take up to seven days for your money to reflect.
Safety and Security at Wire Transfer Casinos
If you’re concerned about security, we can assure you that our highly rated bank transfer casinos are safe. All of the Internet casinos we recommend use high-end encryption to protect your data and never store it.
Similarly, your banking portal will also be protected by encryption to keep your information secure. So, you can rest easy knowing that nothing is out there for someone to steal.
Pros and Cons of Wire Transfer Casinos
Most casinos accept bank transfers
It can be expensive
The banking method is safe and secure
Transfer times take longer than e-wallets or prepaid cards
No third parties are involved
You can’t always do it without a visit to your bank
Generally, the main benefit of using bank wire transfers is that anyone from any country can make payments. When using bank transfers, there are no credit checks or need for you to share personal information. Plus, it’s simple to make a bank transfer with such a high level of security on both ends of the transaction.
Some banks may send an email to check if you are sending money to online casinos or block the transaction until you call. While this is frustrating, it’s a good way to keep your details secure and ensure that nothing has been hacked.