Direct bank transfers are the best and most secure way to deposit funds into your online casino account. It is a safe and painless way that is available at any bank in the world, but it is also among the slowest methods available these days.
What is Bank Transfer?
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 Hence, this method is often considered either outdated or too time-consuming.
Using Bank Transfer in Online Casinos
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.