Using a wire transfer for casinos is perfect for people who are reluctant to attach their personal details to their electronic devices. While wire transfer (or BANK TRANSFER) has its downsides, it is still considered the safest method. If a fraudulent transaction occurs, your bank will always contact you and you will always be reimbursed.
Despite bank transfers having the longest waiting period for deposits and withdrawals, it is accepted at almost every online casino.
How it Works
To get started, all you need to do is log in to the casino, connect your bank account to the casino and enter the amount of money you want to deposit.
Which Online Casinos Accept Wire Transfer?
As we said above, almost every casino accepts Wire Transfer. Because of this, it can be a tough task to pick the best online casino for players who want to use this method. For that reason, we created a list of the top 5 online casinos for players that prefer use or give this method a chance.
Given its reputation, our number one recommendation is Rolla Casino. The other online casinos that managed to secure a place are:
Wire Transfer for Casinos: Payment and Withdrawal Process
All transactions handled by the Bank Transfer method take several days to be completed. The average waiting time for your deposit or withdrawal to appear in your account is 3 days. But in some cases, it can go up to 5 business days.
To be able to use this method, you need to have an online banking profile with the bank you are using. Afterwards, you will need to load the recipient’s details i.e. the online casino, and the bank’s SWIFT code. When you make a transfer, IBAN and BI codes are generated and given to your bank, so they know exactly where to send the money.
A downside of wire transfer is that there’s always a fee deducted from the deposited amount, other charges can also come from transferring money to an online casino that’s outside of your country’s borders will also yield certain fees.
Wire Transfer for Casinos: Safety & Security
With Wire Transfer, security is at the highest level because both participants’ identity in the transaction must be proven. Your sensitive financial information needs to only be entered once and this information is not shared with anyone, which reduces the risk of any third parties getting a hold of it.
On top of that, the Wire Transfer payment option will always notify you if someone is trying to make a transaction. If you are not the one doing the transaction, you can call your bank and they will stop any pending transfers. Even if someone manages to take money out of your account, after you react to that, the bank will reimburse you with the amount that was taken.
- Safe and secure transactions
- Accepted at every casino
- Long deposit and withdrawal waiting periods
The Bank Transfer method is handled through your bank account. So, if you have any problem, you will be contacting the customer support team of said bank. This can usually be done via e-mail, telephone, and in some cases, live chat.
Withdrawing through Wire Transfer can take between 3 and 5 business days.
Opening an account with any online casino is free. On the other hand, you need to deposit money in order to play their games.
This is not a pressing matter, because the funds that you deposit will immediately be converted to the currency that is used by the casino.
If you prefer to avoid using Wire Transfer, there are many other payment methods available that might be a better fit for you. There are e-wallets like PayPal, Neteller, Ecopayz, Skrill and Entropay, as well as completely different options like Mastercard, Maestro, wire transfer, pay by phone and pay with Bitcoin.
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