New to online casinos and not sure about what deposit method to use? You’re not alone. Many new players are concerned about the safety of making online payments into online casinos and are particularly skeptical about making online casino transactions with their credit/debit cards. This is where wire transfer shines. It is the perfect option for new online casino players, and this guide will tell you all the reasons why, as well as show you the best online casinos that accept wire transfer.
Our recommended list of the best online casinos that accept Wire Transfers as of October 2021:
$5000 BonusCasinos Accepting Bank Wire Transfer Payment Method. A bank wire transfer is a simple method of transferring funds from one bank account to another. In the world of online gaming, bank wire transfers are one of the most consistently available means of transfer for both deposits and withdrawals.
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There are literally thousands of online casinos available at any one time, with new ones being added constantly. Finding a decent online casino is becoming increasingly difficult as the number of shady sites continues to rise. This is why choosing a reliable and trustworthy site is critical, otherwise, you run the risk of breaking laws without even knowing.
Thankfully, our superb team of dedicated and passionate online casino experts have over 50+ years of combined experience, so they can spot a dodgy site from miles away, and they have the unique ability to find the best of the best wire transfer online casinos among the sea of casino sites. With their knowledge and a keen eye for details, they have searched and tested all bank transfer online casinos and handpicked a small selection of the best instant bank transfer casinos the web has to offer.
Below are some of the strict criteria that every online casino that accepts wire transfer are tested for, and only the ones that pass all criteria in spades make it onto our exclusive list of highly recommended wire transfer online casinos that are guaranteed to give you an unparalleled online gaming experience.
There are many benefits when it comes to using bank transfer as a payment method at online casinos. Below, we’ll briefly go through some of the main advantages:
Then it’s just a matter of waiting for the online casino to process your withdrawal. This could take somewhere between 3-7 days, dependant on your choice of instant bank transfer online casino. Expect faster payouts when you play at any of our recommended instant bank transfer online casinos, compared to other online casinos that accept wire transfers.
This is actually one of the most popular online casino deposit method for US players thanks to its high acceptance rate from online casinos. Players from the US typically struggle with making deposits with credit cards, but wire transfers are rarely declined, therefore is a popular choice for American players.
Is Wire Transfer Casino Deposits Safe?Since the transfer is made directly from your bank to the online casino, there is no third party involved, greatly reducing the risk of your personal and banking details being compromised.
Are There Any Fees?There are fees for making wire transfer deposits, but considering the high acceptance rate and top-notch security protection for your private details, many players are happy and willing to pay this fee.
Wire transfers have for years been used as the most reliable and secure means of transferring money from one bank account to another. However, with the emergence of numerous online payment options, wire transfers tend to be forgotten. What many online casino enthusiasts do not know is that they can easily use this age-old method to securely get funds into an out of their gaming accounts. We have done an extensive research to determine the various ways you can use wire transfer online casinos.
This page will answer all the question you might have regarding initiating a wire transfer for your online casino account. We will also help you weigh the various advantages and disadvantages of using wire transfer casinos.
Just like any other payment method, it is important you first have the gist of how your money will move around before you can entrust any funds with any company. Also commonly referred to as bank transfers, wire transfer is a system that allows the transfer of money electronically from one bank account to another. This method has been used for centuries to transfer money by established companies such as the Western Union.
Wire transfer transactions are secure since they make use of encrypted codes and passwords. To initiate the process, you approach your bank and authorise the transfer of the money to a particular person. The request is then sent through a secure system to the recipient’s bank. There is no instant transfer of the funds. The actual transfer of the funds might take some days. The banks involved might alternatively opt to have reciprocal accounts for each other to facilitate a faster transfer. Due to this lag in the transfer of funds, wire transfers have come to be overtaken by much more rapid funds transfer methods.
When used as a payment method in online casinos, wire transfers can be quite reliable and secure. There is more than a thousand wire transfer casinos available for gamers. You will seldom find an online casino that does not allow its gamers to use wire transfers for either deposits and withdrawals. Even though the transfer is not as fast as compared to wallets, the security levels are a notch.
You can use wire transfers for both deposits and withdrawals into your online casino account. Most online casinos will have wire transfers as their preferred withdrawal method. This is because wire transfers allow the casino operators the time to verify the details of the gamers and therefore prevent fraudsters.
Wire transfer is a type of electronic fund transfer (EFT). This method involves a paperless transfer of funds from one account to another. As such, you will find some online casinos indicating in their cashier section that they accept EFT payments. The key difference is that wire transfers happen on a much larger global scale whereas EFT transactions are usually localized within a national system.
Virtually all legitimate online casinos will have wire transfers as a payment method. Wire transfers are available to thousands of online casinos, sports betting sites and bingo halls. This is mostly so when it comes to making withdrawals for large sums of money. The online casinos rely on wire transfers for a secure method to payout wins.
For US gamers, however, wire transfer may not be a ready option when it comes to making deposits. American legislation puts a limit on the direct transfer of funds into casino and gambling accounts. As such, gamers might want to opt for another option to facilitate their deposits. For withdrawals, however, the option will still be available, though there are various verification hurdles to jump over before you can receive your money.
For gamers in Europe, there are quite many wire transfer casinos to choose from. More than a thousand of these casinos readily accept players from the U.K and can be accessed in English, among a dozen other languages.
Just like with any other payment method, there are various advantages and disadvantages of using wire transfer online casinos. Based on our research, we have compiled some of these pros and cons in the list below. Depending on your perspective, you can weigh in on these factors then make an informed decision when joining your preferred wire transfer online casino.
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