- Great range of payment options
- Mobile friendly games
- Low minimum deposit and withdrawal amounts
- Huge variety of games to choose from
- Lack of promotions and bonuses
The online gaming industry is extremely competitive. Providers need to offer players convenient payment methods for deposits and withdrawals. Bank wire transfers are one of the most popular payment methods. They are a method of payment that many players are already familiar with.
Read on to find out more about using bank wire transfer as your preferred payment method for online casinos. We will talk about how to deposit via wire transfer, as well as the fees and transaction times attached. You can also find a summary of the pros and cons of this payment method and some faqs.
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.
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.
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.
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.
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.
|🏭 Industry||Financial services|
|🗺️ Area served||Worldwide|
|🤵 Key people (CEO)||n/a|
|💳 Products||Online funds transfer|
|🧑🤝🧑 Number of employees||n/a|
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.
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.
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.
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.
FOne of the most reliable ways to replenish your gaming account is Bank Transfer. Follow the instructions and in just a couple of minutes, you will enjoy the game.
Step 1 - Register or log in to the casino website.
Step 2 - Click the "Deposit" button.
Step 3 - On the wallet page, select the Bank Transfer tab.
Step 4 - Enter the amount of the deposit. Click on the "Deposit" button.
Step 1 - On the wallet page, select the "Withdraw" tab.
Step 2 - On the next page, select a withdrawal method.
Step 3 - Fill in all the blank fields, specify the withdrawal amount, and complete the operation.
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.
Players like using this payment method as it is fast, easy to use, and they can download the great mobile app to go along with it.
Skrill is similar to PayPal. Skrill casino sites allow you to make deposits and withdrawals, are very quick and safe.
GiroPay is a payment option that is directly linked to your bank account.
Mastercard can be used by players to make deposits online and comes in three options – a debit, credit or prepaid card.
Zimpler is a pay-by-phone payment system that makes it easy to take full control over funds.
Payeer is a multifunctional electronic tool for carrying out multiple financial tasks and payments.
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).
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.
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.