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 Hence, this method is often considered either outdated or too time-consuming.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.
Top Bank Transfer Casinos
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.
Online Casinos Using Bank Transfer
Direct bank transfers, or wire transfers as they are also called, are a convenient way to electronically send funds from one bank account into another, as well as to transfer funds from your bank to your online casino account. Some banks offer different systems that provide this banking option, and depending on the bank, the fees connected with this method can vary. The same applies to processing times. Most online casinos will list the estimated processing times of each payment method on their site.