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If you’re looking for a widely accepted, easy and safe way to complete your gaming deposits, a bank transfer (also known as a wire transfer), is a safe bet. All transactions are protected by your bank and can ensure the safety not only of your money but also your data.
To transfer, deposit and withdraw your earnings in a straightforward manner, bank transfers are probably one of the favourite payment methods for online players. That’s why so many new online casinos offer bank transfers to their players.
Latest Bank Transfer Casinos 2023
Everyone has made a bank transfer in their time – and depositing at a casino is no different. All third parties are eliminated – and your winnings will also go directly to your regular account upon withdrawal. The only issue for players is that processing can take time. You can use the casino comparison tool to compare casinos accepting bank transfers. But first, take a look at the many new bank transfer casinos available for you.
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Bank Transfer Short Facts
| Company Name: Bank Transfer Transaction Time: Instant – Up to 10 business days Min Transaction: Usually starts from €/£10. Deposit Fee: Depends if there’s a currency conversion. | Security: bank standard security protocols, encrypted servers Currencies: All Max Transaction: Set by your bank. Withdrawal Fee: Usually no. |
Advantages of Bank Transfer
Safe and straightforward
Everyone with a bank account can complete a bank transfer. It’s one of the most widely accepted and safest payment methods around! You can do it via the internet banking facility, via your bank’s app or even going physically to the bank if you want to.
Widely accepted
As it is so well-known, almost every online casino accepts bank transfers as a payment method. We hardly see new casino sites that do not accept bank transfers, so you can rest assured you always find places to deposit and withdraw using this payment method.
No need to create a special account
You can use your previously existing bank account to complete bank transfers to your preferred online casinos. You might, however, ask for your bank’s authorisation to do transactions using a mobile app due to security reasons.
Disadvantages of Bank Transfer
Must have a bank account
If you’re looking for a payment method that doesn’t involve a bank account or having to disclose your banking info with the casinos, bank transfers are probably not for you. However, there are plenty of other options, e.g. crypto casinos, if staying anonymous is your priority.
How to use Bank Transfer at a New Online Casino
For you to use bank transfers you first need to have a bank account. After that, all you have to do is have the funds on your account and select it as your preferred payment method when playing online. It is a pretty straightforward method available to anyone with a credit or debit card, or even just a bank account.
How to Deposit at a Bank Transfer Casino
To complete a deposit via bank transfer is pretty simple. Enter the Cashier section of your online casino and select deposit and the bank wire as your payment method.
After that, you’ll have to put in the amount you’d like to transfer and the banking details required by the website. Done! All you have to do now is wait until your funds are available (it could take a few business days) and you can start gambling.
Therefore, all you have to do is:
- Access the Cashier section of the chosen casino.
- Select the option ‘Deposit’.
- Choose ‘Bank Transfer / Wire Transfer’ as a payment method.
- Fill in the amount to be deposited
- Authorise the bank transfer
How to Make a Withdrawal Using Bank Transfer
As you decide to withdraw your gambling winnings from your chosen new casino, go back to the Cashier section at the casino and select withdrawal. Select bank or wire transfer, enter the amount you’d like to withdraw, check your bank details and that’s it! It can be a couple of business days until your money is available.
These are the steps to withdraw your winnings:
- Enter the Cashier section of the casino.
- Select the ‘Withdrawal’ option.
- Choose ‘Bank Transfer / Wire Transfer’ as a withdrawal method.
- Define the amount to be withdrawn and confirm your bank details.
If you are from the UK, the pending time for your withdrawal request is up to 2 working days. If it is a wire transfer outside of the UK, it can take up to 5 working days.
Safety and Security
Since Bank Transfers are connected directly to banks and bank accounts, they are protected by some of the strongest and strictest encryption around. Customers and their money are always safe. Bank transfers are heavily encrypted even in mobile banking and usually require 2-3 steps of verification.
For that reason, we ask that you confirm with your bank if you can transfer money using a mobile app. Usually, you can only do it using via a secure website before authorising your mobile phone to make transfers. But if you don’t use your mobile for bank transfers or don’t play on the go, then you will be fine.
Bank Transfer Requirements
There are not many requirements if you choose bank transfer as your preferred payment method, all you have to do is have a bank account with sufficient funds for you to complete the bank transfer. Simple as that.
Bank Transfer FAQs
One of the main reasons why you should use bank transfers at new casino sites is if you don’t feel like setting up an e-wallet or using your credit card on a given online casino. Bank transfers are safe and pretty straightforward when it comes to deposits and withdrawals in online casinos, allowing you to use your bank account in the best way for you.
Some fees may be applied when using bank transfers. Although banks usually charge a small fee for deposits and withdrawals, they are overall smaller than the ones charged by other payment methods such as credit cards and some vouchers. In any case is always best to check the fees beforehand because your bank might charge high fees for let’s say, a casino outside Europe or the UK.
For you to use bank transfers on your casino deposits and withdrawals, all you need to do is enter the Cashier page and request a deposit or withdrawal, enter the amount, and then select bank transfer as the payment method. It’s that easy!
You can find casinos accepting bank transfers pretty much anywhere. Almost all online casinos accept bank transfers, the only variables are the minimum and maximum deposits required, which may vary from platform to platform.
Bank transfers are as safe as it gets when it comes to online gambling; they are encrypted and protected by some of the strictest protocols offered by banks to make sure customers’ data and money stay safe and sound against online fraud and other threats.
As bank transfers are a pretty standard payment option, it is very likely most casinos that accept bank transfers also accept a wide range of other payments, especially when it comes to credit cards which are also linked to the same banks accepted via bank/wire transfer.