Direct bank transfers are the oldest and most used banking option in the world next to cash payments. The name of the method says it all – this method is used to transfer money from one bank to another, or from the payer to the payee. While it is the most used, it is also the most inconvenient method, as it requires a lot of time. It also requires a lot of details to be sent between the payer and the payee, such as the name, address, bank account number, various banking codes, and more. Hence, this method is often considered either outdated or too time-consuming.

While there is a wide variety of online casinos that have stopped offering bank transfers as viable payment method, you can count on the most prestigious and well-renowned casinos to feature this as one of their main banking options. The casino will usually provide you with all the required details to make the payment to their account, and you’ll need to provide all the necessary banking details to the casino when requesting a withdrawal. In both instances, you can expect the transfer to take up to one week to land.

There are certainly advantages to using bank transfers instead of other more modern payment methods when it comes to depositing and withdrawing funds from your online casino account. One of them is that this method is one of the safest methods to deposit and withdraw money. Another one is that most customers are familiar with this method and it is available to anyone with a bank account. One of the best advantages would be that various online casinos offer bonuses and promotions to those who choose bank transfers as their preferred banking method, and nearly all top online casinos accept direct bank transfers.