If you are not а tech-savvy casino maven and you are on the lookout for a way to manage your funds, Bank Transfers might be an ideal solution. Although some gambling aficionados would describe Bank Transfers as a dated way of payment, they remain one of the most trusted manners of sending and receiving money even when it comes to online gambling. That being said, Bank Transfers of Wire Transfers as this payment solution is also known, can be easily described as a tried-and-tested way of managing your gaming funds, without being anxious about security at all times.
Bank Transfers are widely available across the interactive casinos, and what is even better is that casino buffs from just about any country around the world can make use of the payment solution. Unfortunately, many avid casino fans steer clear of Bank Transfer as the payment method lacks when it comes to time-efficiency.
How Bank Transfers Work with Online Casinos
1Making Use of Bank Transfers
Although many casino lovers regard Bank Transfers as an old-school way of managing their funds, we can say for sure that this payment solution is unlikely to go out of fashion in the years to come. Bank Transfers make for risk-free transactions, which is one of the most obvious reasons why so many casino mavens opt for them.
Making use of Bank Transfers is certainly not such a tedious task as the payment method is at the disposal of just about any player who has a bank account. With Bank Transfers, virtual players are practically transferring funds from the balance of their account to their gambling operator of choice. Please be aware that you will need the IBAN and BIC codes of the casino you have registered with so as to complete the transaction.
2Ways of Making Payments via Bank Transfers
Gambling devotees who prefer loading their casino account with cash via Bank Transfers should be in the know that they can choose from several ways to do this. The first option they have is to go to the bank where they have an account in person and to make the payment. The second option is far more convenient as virtual players can also make use of their online banking, which will allow them to make deposits from the comfort of their surroundings. Initiating a payment over the phone is an option as well.
3Making a Payment via Bank Transfers
Using your online banking is a more preferable option because of the greater ease of use casino lovers will enjoy. Once you have logged into your casino account and you have picked Bank Transfers from the list, you need to specify the amount you would like to deposit. Then, you need to pick the bank where you have an account from the drop-down menu and to check out the reference number you will be given. Then, the transaction needs to be approved by your bank so that your funds could appear in your casino balance.
How We Evaluate Bank Transfer Casinos
With so many gambling spots to select from, some casino lovers find it a bit hard to tell decent Bank Transfer casinos apart from the rest of the gaming websites. That is why while evaluating the casinos, we give thought to several aspects of the overall experience operators deliver to ensure that our picks will be sound.
Needless to say, while singling out some of the best Bank Transfer Casinos, we take into consideration the security levels the operator keeps up with. Thus, the casino will be worthwhile, provided that it takes great responsibility for the protection of players’ personal and banking details. If you see that encryption technologies and other similar security systems are in place, this is a sure sign of the credibility of the operator.
Good Bank Transfer casinos can be easily told apart also by checking out if players will be urged to pay extra fees. Please note that the better part of the banks tend to charge fees, which might be a percentage of the amount deposited or a fixed sum. Luckily, some of the operators might defray these pesky charges.
One thing which makes decent Bank Transfer casinos stand out is the quickness of the transactions. As for deposits via Bank Transfers, casino mavens should remember that the timeframes within which their funds will be added to their balance hinge only upon the bank where they have an account.
One of the things you should ascertain is that the operator you have registered with processes payments via Bank Transfers. Not only that but avid casino fans should ensure that they will be allowed to manage their funds via the payment method from the country they live in too. Please be aware that there are some gaming sites where Bank Transfers are offered only for withdrawals. That is why a decent Bank Transfer casino will process all types of payments.
How Easy Is to Use Bank Transfer
While sizing up the interactive casinos, which accept payments via Bank Transfers, we always check out how simple it is to carry out payments via the method. Although many players abstain from using this banking solution because of the rather tedious procedure they need to stick to, the operators that are up to scratch will greatly facilitate the payment process so as to make their customers’ experience smooth sailing. Thus, casino mavens might come across numerous operators that offer a walkthrough for such payments.
Can Bank Transfers be Used for Deposit Bonuses
Unlike some of the other payment methods available out there, which will make you ineligible for certain promotional offers, when it comes to Bank Transfers, players will not do without any special offers operators run. Thus, casino buffs will not only extend the duration of their betting session but will also make their experience even more thrilling.
Bank Transfer Casino Deposit
If you have used Bank Transfers to send money at least once before, you are unlikely to be hard put to use the payment method when handling with your casino transactions. Many avid casino fans tend to go for Bank Transfers when making deposits because of the user-friendliness of the payment method.
What makes so many casino lovers rely on Bank Transfers is that the payment method allows them to transfer smaller and larger amounts without trouble. The bulk of the casino operators accept deposits of no less than $10, but it is possible that you will come across interactive casinos where the lower limit is put up. Bank Transfers are probably the best choice for casino buffs who enjoy playing bigger because of the higher deposit limits they can benefit from.
One of the things virtual players should be aware of is that before they use Bank Transfers for managing their gaming funds, first, they should check out the fees the bank where they have an account might charge. Please be aware that the size of the fees varies across the different banks, which is why we strongly recommend going into this beforehand. In addition to this, lovers of casino games should be well up on the fees they will face when making a domestic and an international transaction as on some occasions, they might turn out to be quite costly.
Unfortunately, transactions via Bank Transfers lack slightly when it comes to their speediness. Those of you who prefer this payment method over the rest of the banking solutions should be in the know that deposits via Bank Transfers might take from a couple of hours to a couple of business days. Luckily, this is not the case with Fast Bank Transfer as the timeframes within which players will have their funds credited are not that prolonged.
Bank Transfer Casino Withdrawal
Cashouts via Bank Transfers are possible at a good deal of the interactive casinos. Luckily, the steps players need to follow in order to wrap up the payment do not differ that much from the ones they have stick to when making a deposit, meaning that casino lovers are unlikely to end up in a sticky wicket.
If you intend to withdraw your funds via Bank Transfers, you should be informed that in the majority of the cases, the least amount you will be allowed to retrieve back to your bank account will be something of the sort of $20. The ceiling on cashouts via Bank Transfers varies greatly across the operators, which is the reason why we recommend examining the limits in advance. Casino lovers might be on a high that some operators do not cap withdrawals via Bank Transfers.
The good news is that the majority of the operators tend not to impose extra fees on withdrawals via Bank Transfers. Still, it would be best if you check this out before you resort to the option. Additionally, players should make sure that they are aware of the fees their bank might charge in order to avoid any unpleasant surprises.
What many players do not like about withdrawals via Bank Transfer is the prolonged processing time. If you are impatient to redeem your winnings, this payment solution might not be the best choice as it might take up to 5 working days for your funds to appear in your bank account.
Bank Transfers Pros and Cons
Just like the rest of the payment solutions, which are at virtual players’ disposal, managing your funds via Wire Transfers has its positives and negatives. Going through the list of the advantages and disadvantages of Bank Transfers is the best way to arrive at the decision whether the payment method is a cut above other payment services.
The number one benefit of managing your gaming funds via Bank Transfer is that virtual players enjoy greater safety and security. Transactions via Bank Transfers are incredibly safe because each payment is wrapped up between the bank where you have an account and the bank of the operator, meaning that third parties are unlikely to meddle with your payment. Not to mention that all bank institutions make use of state-of-the-art encryption systems, which further fortify your security.
Some casino lovers steer clear of Bank Transfer because they view the procedure they need to stick to overly complicated, which on some occasions can result in some mistakes.
Another positive of utilizing Bank Transfers is that the payment method suits the needs and preferences of all types of casino players because it makes for the transfer of more substantial and smaller amounts of money.
The prolonged processing times are yet another reason why virtual players prefer not to go for Bank Transfers. The payment method certainly lacks when it comes to time-efficiency, which is why it is less preferred than e-wallets, for example.
Many virtual players prefer Bank Transfer over the other payment services out there because the former is widely available. If you are an old hand at online gambling, perhaps, it has run through your mind that virtually every casino accepts payments via Bank Transfer.
Many gambling aficionados describe payments via Bank Transfer as inconvenient because of the expenses, which incur on deposits and withdrawals.
Another great benefit of Bank Transfers is the better flexibility of the payments gamblers will enjoy.
Another downside of using Bank Transfers is that on some occasions, the minimum withdrawal amount might turn out to be too large, which might be an issue for small-scale players.
Yet another benefit you will enjoy if you go for Bank Transfers is that you will be able to make deposits and withdrawals, which is not the case with some of the other banking services. Obviously, this will make for greater convenience.
Countries Which Use Bank Transfers in Online Casinos
Bank Transfer undoubtedly shines bright when it comes to availability. Virtual players from a staggering number of territories are allowed to manage their funds via the payment method, which is one of its greatest advantages.
Obviously, players from Canada are in luck because they can pick from so many banking solutions to manage their gaming funds. Still, Bank Transfers list among the fan-favorite deposit and withdrawal solutions as virtual players enjoy peerless security levels. Bank Transfer is in class of itself also because almost every interactive casino across the web processes payments via it, which Canadian players really enjoy.
France is yet another country where playing casino games over the Internet is an extremely well-liked pastime. Unsurprisingly, a good deal of the virtual players prefers to manage their gaming funds precisely via Bank Transfer because this is a rather straightforward payment solution. Although Bank Transfers lack slightly when it comes to time-efficiency, the unmatched security levels are what make French casino mavens place their trust in the payment method.
Almost every casino maven from Finland is familiar with the procedure they need to stick to so as to load their account with cash via Bank Transfers. Interestingly enough, this method of payment has acquired such overwhelming popularity among Finnish casino lovers mainly because it can be used for transactions from and to their gaming site of choice, which makes for unsurpassed convenience. Other than that, almost every Finnish-friendly casino processes payments via Bank Transfers, which is yet another major plus.
Players from the UK are known as being quite enthusiastic when it comes to online gambling. That is the reason why managing their funds promptly and securely is always a top priority for them. Many Brits go for Bank Transfers as they can handle their transactions with the full peace of mind that the chances of their funds falling into the wrong hands are practically non-existent.
Casino buffs from Denmark also prefer Bank Transfer over the rest of the payment solutions they have on hand because of its great availability. No matter which web-based casino you will join, you stand a good chance to find Bank Transfers under the cashier. When managing their funds via Bank Transfers, virtual players can set their mind at ease when it comes to their security, thanks to the advanced safety systems banks have in place.
Obviously, Germany is yet another territory where Bank Transfer is many casino lovers’ first choice. This is not much of a surprise since Bank Transfer can be used not only when loading your casino account with cash but also when you are planning to withdraw the rewards you have accumulated so far. This, coupled with the fact that virtual players can transfer smaller and more substantial amounts of money with the same ease, turns Bank Transfer into a perfect fit for gambling-related transactions Geraman players will conduct.
Using Bank Transfers in Mobile Casinos
1Visiting the Mobile Casino
Our smartphones and tablets no longer provide simply a connection to the world, but they also allow avid casino fans who have the itch to play to do this from the comfort of their surroundings with no difficulty. Luckily, a good deal of the mobile casinos process payments via Bank Transfers, which is certainly great news to hear.
To make a deposit to your casino balance, you should first log into your account via your tablet or smartphone. Then, you will be taken to the lobby of the mobile casino, and the next step is to find the section dedicated to your account.
2Going to the Banking Page
As soon as you are brought to the screen, you should look for the banking sub-category, which should unfold all the supported ways of payment. Initiating a payment via Bank Transfer takes a single tap on the icon of the payment method.
3Carrying Out the Payment
Once you have picked Bank Transfer as a preferred way of managing your funds, you need to select your country, to provide the name and address of the bank where you have an account, and to give your account number. Players will also need the IBAN and the BIC code of the mobile casino. Should you prefer to purchase casino credits via Bank Transfers, you should be more patient as it will take some time until your deposit is credited.
Bank Transfer Casino Bonuses
If you are unsure whether your interactive casino of choice is a good fit, you should certainly take a look at the promotional offers the operator runs. There is no denying that casino mavens enjoy being rewarded for their real-money bets via free rounds or free cash. Bank Transfer depositors can enjoy plenty of such perks, which will certainly add an extra thrill to their experience.
Every casino maven who has acquired some experience at playing casino games is aware that the deposit bonuses are the most traditional and widely offered promotional incentive they can benefit from. Bank Transfer depositors can stumble upon cashable, non-cashable, and package deposit bonuses. No matter what kind of deposit bonus you are presented with, you should keep your eyes wide open for the fine print so as to ensure that wagering requirements and other such conditions are reasonable.
No Deposit Bonuses
Hardly, there is a casino maven who will not enjoy the idea to play for free. That is the reason why no deposit bonuses are a great way of winning virtual players over. Thanks to this kind of bonus, players can first explore the gaming website without risking their funds. Best of all, the majority of the web-based casinos will allow you to cash out your winnings using Bank Transfers, and to make deposits via it if you decide to stay.
Although Bank Transfer depositors are showered with promotional offers, the free spins are positively a fan-favorite. These promotional offers come in all shapes and sizes, thus promising that casino mavens will enjoy themselves thoroughly. Thanks to such promotional incentives, Bank Transfer depositors will have the chance to give a shot some of the most enthralling slot titles from the portfolio of the casino they have given credit to.
Most operators do not miss to reward their most devoted customers by enrolling them into the exclusive club of the casino. The loyalty scheme a good deal of the interactive casinos offer are a great way of making Bank Transfer depositors stick with the gaming website they have picked as depending on their activity, they can revel in some whopping prizes.
Bank Transfer Casinos Safety and Security
Management of the Casino
What virtual players should certainly check out before they sign up for an account are the software providers that are responsible for the gaming suite of the casino. For their most part, operators collaborate with more than a single gaming studio. The presence of names such as NetEnt, Microgaming, Playtech, and Evolution Gaming, among others should speak much in terms of the quality of the casino. Players should also check out how choosy the gaming studios are when it comes to who can give their offerings a try. The randomness of the results is not less important, and the best way to be satisfied with that is to see if the casino uses a Random Number Generator and whether it is audited by any of the testing agencies.View more...
Bank Transfer Alternatives for Online Casinos
Once you are familiar with the service Bank Transfer offers, you should also make certain that you are clued-up when it comes to the other banking solutions you will have on hand when playing over the Internet.
Prepaid cards might not be the best choice for high-rollers, but they are certainly a good option for security-conscious casino fans. They are preferred also by gambling enthusiasts who tend to overshoot the budget they have initially set aside.
Online Banking Services
Virtual players who insist on making payments from their bank account to the casino they have registered with can do so also via a couple of third-party services, which provide the needed gateway for that. Loading your account with cash over the Internet using the funds you have in your bank account is possible via Trustly, Klarna, Sofort Banking, Giropay, Instadebit, and Euteller, to name but a few.
If you are seeking for a payment service, which makes for rather speedy transactions, digital wallets might be your perfect fit. Aside from their great speediness, e-wallets further the transfer of funds in an entirely safe and anonymous manner, which is a major plus for players who are vigilant when it comes to the safety of their banking data.
Cryptocurrencies or digital currencies as they are also known, are turning into a favorite banking solution for a growing number of casino mavens. The number of the interactive casinos which accept cryptocurrencies such as Bitcoin, Ripple, Ethereum, or Lithecoin, for example is constantly growing. That is why Bank Transfer depositors might appreciate them as a good alternative.
Credit and Debit Cards
There is no denying that credit and debit cards are number one pick for a good deal of the virtual players. More often than not, gambling aficionados are allowed to carry out payments via their Maestro, Mastercard, or Visa credit or debit cards. Some operators also process payments via credit cards issued by American Express.
Paying via Mobile
There are a couple of payment services, which will provide you with the convenience to handle your transactions using your smartphone. Such services are Zimpler and Boku.
Bank Transfer Casinos FAQ
How Long Do Withdrawals via Bank Transfer Take?
The timeframes within which virtual players will have their winnings credited to their account are determined only by the bank where they have an account. Still, in most of the cases, when the pending period of your withdrawal has elapsed, it might take a maximum of 5 business days to get your funds.
Are Transactions via Bank Transfer Secure?
If you still have second thoughts about managing your funds via Bank Transfer because you are unsure how secure such payments are, you should certainly not fret over this. Payments are wrapped up only between the bank where you have an account and the bank of the casino operator. Such institutions boast some of the highest security levels, meaning that the chances to become a victim of fraud are almost non-existent.
Where Can I Find the IBAN and the BIC Code of the Casino?
If you have failed to find this information under the banking page of the casino, the best thing you can do is to contact the customer support department and to request them.
How Long Does It Take for My Deposit to Appear?
Unlike the rest of the payment methods, which make for instantaneous deposits, this is certainly not the case with Bank Transfers. Topping up your account with cash via this payment service might take a couple of hours or on some occasions up to 72 hours.
Do All Banks Allow Making Gambling-related Transactions?
Unfortunately, there are bank institutions, which frown upon such payments. Although this is not the case with the bulk of the banks, it would be a good idea to acquaint yourself with the policies of your bank in advance.