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Best Online Casinos Accepting Bank Wire Transfer

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How to play in a Casino for Real Money Using Bank Wire Transfer?

  1. Register for a Bank Wire Transfer account

    You don’t need to create an additional account to make online casino deposits using bank wire transfer. You can make these transactions directly through your bank. To make things easier, you may want to sign up for an online banking account to manage your transactions online. Otherwise, you can make bank wire transfers at your local branch.

  2. Choose a casino and make a deposit

    You should find a good selection of casinos offering bank wire transfers as a payment method. Once you’ve found your preferred provider, you’ll need to make a deposit. Go into your casino account and make sure that bank wire transfer is selected as your preferred payment method. You should then be given the online banking details for the casino. Through your bank account, you can then input the correct information and the desired deposit amount.

  3. Play and win

    Once the deposit reaches your casino account, all that’s left to do is start playing. You can continue to top-up your account funds using the same deposit method, and hopefully, make some significant wins at the casino.

  4. Withdraw your winnings

    Once you’ve had some success at the casino, you’ll want to withdraw your winnings. You need to go into the withdrawals section in your casino account and select bank wire transfer. Many casinos will set this as your default option if it’s the method you used to deposit. Once you’ve entered your desired withdrawal amount and confirmed, the casino will transfer the funds to your bank account.

General information about Bank Wire Transfer

Details about Bank Wire Transfer payment system

A bank wire transfer is an electronic exchange of money. All banks support this kind of transfer, and you can use it to send money between countries and in different currencies. To send or accept a wire transfer, both parties are required to have a bank account. This helps to legitimize this form of payment, as banks have extensive requirements on proof of identity when allowing someone to open an account.

Image of how bank transfer works.

Fees and Commissions

Unlike many other payment methods, bank wire transfers often incur fees. However, these fees will sometimes be taken care of by your bank. If you’re depositing to a UK-based casino from a UK bank account, you most likely won’t be subject to fees for that transfer. If you’re making a deposit to a foreign site, or in a different currency, then you should check with your bank about the commission for those transfers.

Withdrawals should be fee-free via this method too, although it is possible that some banks will charge. This depends on what bank the casino is using to transfer the withdrawal. There also may be commission charges if you’re moving a significant amount of money.

Deposit and Withdrawal Times

Bank wire transfers are an electronic exchange, and so the money should be deposited into your casino account within 24 hours. If you’re making a transfer to a foreign account, then it could take several days to process.

For withdrawals, the transfer itself will also be fast, but it may take 24-48 hours for the request to be processed by the casino. This is still much quicker than most other withdrawal methods. If it takes much longer for you to receive the money, then you should contact your bank to find and resolve the issue.

Support Work Quality

With this form of payment method, you can access the customer support either for your casino or your bank. Most online casinos will offer a live chat option. This is usually a good place to start if you have an issue. If the problem is with your bank account, then you will need to contact your bank through one of the ways they offer.

Mobile Version and Application

You can make bank wire transfers on both desktop, mobile, and through an app. This isn’t a payment method application, but part of the online banking service from your bank. If you haven’t already, then you should ask your bank to set up your online banking. This will allow you to make deposits from the comfort of your home, and have casino funds as and when you need them. Most banks also offer downloadable apps to allow you to send and receive money from your mobile.

Pros/Cons

  • Advantages

  • High security as all transactions go through your bank
  • Widely available payment method
  • Privacy, you aren’t required to enter any personal details into the casino site
  • Limitations

  • Associated fees can be high when moving larger amounts of money.

Conclusion

Bank wire transfers are an available payment option at many online casinos. They are one of the most popular methods for deposit and withdrawal. Customers are familiar with this method, and it doesn’t require any additional account to make payments. Other benefits of this method are the security and privacy that it offers.

When transferring money, you should always check for what fees your bank will charge you. Each bank will have different commissions on these types of transactions. Just be aware of the cost when making deposits or withdrawals online.

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Ara Bernier

Author: Ara Bernier
  • 348 articles

Ara is a marketing manager currently residing in the city of Marikina in the Philippines. She is outgoing and creative. Her hobbies include fashion, travelling, and taking stunning photos for her Instagram influencer account. Ara’s mission is to help others using her marketing know-how. As a person who has knowledge of how to market herself, Ara knows a thing or two about marketing her client’s company, products, and services.

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FAQ

What information do I need to make a bank wire transfer?

To send a deposit via bank wire transfer, you will need the name of the Company, the name of their bank, and their address. You will also need their account number and sort code for transfers within the UK. For foreign transfers, you will also need their IBAN (International bank account number).

How long does it take for a bank transfer to clear?

Domestic transfers will be processed within 24 hours. In most cases, the funds will be sent almost immediately. For international wire transfers, it can take up to five working days for the transaction to be completed.

What are the fees for bank wire transfers?

This will vary between banks but also depends on the amount of money you’re moving. For smaller transfers, most banks won’t charge you. If you’re sending an amount over £1,000, then you should check with your bank if there will be commission.

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