Bank Wire Transfer Casinos

As bank transfers are common in different areas, you might face and even experience this method before. Simply put, the money is transferred from one bank account to another.

With the range of modern payment methods, which are faster and have somewhat better conditions, wire transfers may seem outdated. However, it’s still in demand when an operator doesn’t offer convenient alternative services.

To process these transactions, players need the bank details of the operator. In most cases, they will be provided automatically once gamblers select this deposit method.

But it’s necessary to note that the withdrawals via this method are slow in comparison to other payment solutions. Plus, the limits are usually not that pleasant. For example, some operators set a limit of at least €500. And the fees may be relatively high, coming up to €50 per transaction.

The process of using this method is pretty standard and you can use the tips here:

How do I deposit using Bank Wire Transfer?

First, do some basic things, such as registration at a Bank Wire Transfer casino. When this is finished, open the cash desk (this section may have different names in various casinos) and choose Bank Wire Transfer from the list. Find out the limits your operator accepts and find out about the fees.

For now, copy the details of the casino’s bank (find them in the payment section or contact support to get them). These details are the name and address of the recipient’s bank, the recipient’s name, address, type of account, and the recipient’s IBAN and BIC/SWIFT code. Use this information to make a payment of the amount you want to top up your account for.

How do I withdraw using Bank Wire Transfer?

As well as during depositing, you need to get bank details, but this time, the details of your bank are required. You’ll have to visit the cashier section again and copy all this information as the details for a withdrawal. Once it’s done, select an amount to pay and make sure that you are happy with the conditions, including the pending time and fees.

The method is adored by old-school players and those who find dealing with banks convenient and safe, while the fans of faster payment methods won’t agree with them. And both positions are understandable. That’s why we display advantages and disadvantages to let you compare:

This method is very similar to payments via debit and credit cards as you are still dealing with a bank. But in this case, you need more payment details and the process is more complicated because it’s pretty challenging to copy all these details and not to be mistaken. Withdrawals on cards also take a long time, though they are still faster than Bank Wire Transfers.

If there are alternative methods available and you prefer a higher speed, opt for methods like MuchBetter, Skrill, or Neteller. However, in these cases, third parties are involved, and if you don’t like it, the method we are talking about is a better option.

The fees players pay when using this method are pretty high, while the limits are, sometimes, too restricting. And this makes Wire Transfers less attractive in comparison to other methods.