Bank Transfer Online Casino

Bank transfer online casinos are for those players who do not hurry with the payout. Bank transfer casinos are not so popular, because of long withdrawal time that can take up to 7 days.

The Best Bank Transfer Casino Bonus Offers Those looking for a bank transfer casino bonus are in luck. There is a wide variety of online casino operators, and almost all of them offer some. To deposit using Online Banking: From My Account, click Cashier. Click 'Deposi't next to the Online Banking logo. Enter the amount you’d like to deposit. We’ll take you to a page where you can authorize an online banking transfer. Just log in to your online banking account and transfer the fund using the bill pay feature. To use bank transfer method in an online casino, you simply need to visit the payment page and select “Bank Transfer” as the payment method. You will then be redirected to a page displaying the casino’s bank account, or a page with links to the different banks in your country. Fast casino bank transfers enable online punters to send and receive high amounts of funds at a time. Additionally, such transactions to and from instant banking online casinos must be authorised, meaning third parties cannot use them to their advantage.

If you love to play at online casinos but are worried about using any kind of third-party wallets or your credit cards at the online casinos, a bank transfer is the best option for you.

Here, we will explore the method of bank transfer in-depth and also look at the way you can use the bank transfer method at online casinos and other important factors that you need to keep in mind.

Best Bank transfer casinos

  • PlayOjo5.0Review
    80 spinsno wager
    18+Play ResponsiblyTerms and Conditions Apply
  • Dreamz4.9Review
    NZ$ 300+ 50 Cash Spins
    18+Play ResponsiblyTerms and Conditions Apply
  • Mr Play4.7Review
    NZ$ 500+ 200 free spins
    18+Play ResponsiblyTerms and Conditions Apply

What is bank transfer?

Bank transfer is a simple method where payment is made using an electronic transfer from the player’s account to the online casino’s account.

Here, the player initiates the payment, and it is pushed into the online casino’s account.

It is considered to be a safe option for people because the bank accounts are verified.

In case of any fraudulent activity in your account, your bank will contact you immediately.

How to make a bank transfer online

To use bank transfer at an online casino, you need to have a bank account.

Then, you need to create an account at one of the top online casinos that offer such a payment method.

You will have to make bank transfer a preferred payment method and get the banking details of the online casinos such as their SWIFT or BIC codes, account numbers and more, through their customer care executive if it is not provided on the payment page.

You can then arrange for a transfer through the online method since it is more convenient than the telephone method.

You will be required to log in to your bank account and then send money to the legitimate online casino’s account.

The amount transferred should reflect in your online casino account within a few minutes.

DEPOSITS

Depositing money to an online casino is quite simple. You will need your banking account to make a payment to the online casino account. You should have the online casino’s bank details to make the transfer.

On your banking account, you need to click on the bank transfer or wire transfer option where you need to enter the bank name, bank account number, and other details and click on transfer.

One of the most important things you need to consider is to fill all the information correctly to avoid any problems later on.

It is also a good idea to note down the transaction ID until the deposit has been confirmed by the online casino.

WITHDRAWALS

You will be allowed to withdraw your earnings once you have enough money in your online casino account through bank transfer.

Most online casinos allow people to withdraw money once they have a certain amount of money in their account and not before that.

Some online casinos have a lower limit that needs to be reached to be able to withdraw money from the account. You need to enter the details of your bank and click on the withdraw button.

The money will take a few days (s) to appear in your bank account.

Bank transfer payout time

Bank Transfer is one of the slowest options to withdraw and deposit, although some casinos provide an immediate deposit option and withdrawal in most cases waiting also depends on the withdrawal method.

Bank transfer waiting times will depend on the country where you live and the location where the online casino is registered.

Transfer Online Cmkx

Different countries have different waiting times for the funds to transfer from one bank to another.

For overseas money transfer, it can take anything from 2 to 10 days working days to reflect in the account.

Only once the money has been transferred that one can start playing at online casinos.

Bank transfer alternatives

Bank transfer casino method is really one of the safest methods, but if you do not want to wait too long for your payout or you just do not want to reveal your bank account to a casino, there is always an alternative banking method that you can use.

Below we have listed some of the fastest withdrawal casino solutions that are most used by NZ casino players:

  • Skrill
  • Visa
  • PayPal
  • Poli Payment NZ
  • Neteller
  • Pay by Phone

Bank transfer fees online

Most banks will collect fees from the senders on all transfers that you make via them. The fee collected will be different from the money that has been transferred.

Even the receiving bank will cut its service fees from the money that is transferred to them.

Thus, it is best to check the processing fees before doing bank transfers.

In most cases, the fees are gonna be around 2.5% – 3% of your deposit or withdrawal. Good thing that not on all casinos we have to pay those fees.

The charges levied will vary depending on the bank and also on the country where the transfer is being made.

Advantages of bank transfers

All you need is your bank account details to transfer money. Another advantage is that most of the online casinos out there have bank transfer as one of the options.

You will not have to create an additional account to transfer funds. Another benefit is that bank transfers are used by everyone around the world and is a reliable means to transfer money.

  • Bank transfers allow you to transfer funds from your account to the online casino account.
  • The transactions are secured because all of the top banks use encryption protection.
  • It ensures that your transaction is safe from any hacks and your funds are not stolen.
  • You will also not need to use any card or wallet to move real cash.

Frequently asked questions

How to transfer money from PayPal to a bank account?

You can transfer or withdraw your money from the PayPal account online or using the PayPal app. You need to log in into your Paypal account, go-to wallet and click option for withdrawing money.

How long does the bank transfer take?

Usually, in NZ waiting time depends on your bank, but in most cases, it is from 3 to 7 days. If the person you are sending funds to, has an account in the same bank as you, the funds are delivered within 24 hours. If you send funds to an account in another bank, it can take up to 7 days.

What is the minimum amount for deposit via bank transfer?

It depends on the casino minimum deposit amount, in most cases is 10$ but players should have in mind that bank during transfers charges some fees, so you will probably need at least to deposit 20$.

How does a bank transfer work?

A bank account transfer works when a person requests a bank to send money directly to another account.

Sources:

  • Casinos on our site
  • https://transferwise.com/help/15/paying-for-your-transfer/2559761/paying-by-bank-transfer
  • https://www.paypal.com/us/webapps/mpp/paypal-instant-transfer

Casinos with Bank Transfer

Bank Transfer Overview

A bank transfer or wire transfer is a way to transfer funds from one person or institution to another. As opposed to other e-wallet payment methods, bank transfers are carried out by banks, institutions that are renown for their experience and the safety of their vaults. Wire transfers are a sure way to deposit and withdraw funds on online casinos. Yet, this process sometimes involves processing fees and significant waiting times. This article will give you all the information you need to know on using bank transfers on online casinos.

Bonus

There are usually no specific casino bonuses given to players who deposit and withdraw money on online casinos with wire transfer. However, because this is such a popular and widely-used method, deposits are, of course, eligible for casinos’ generous welcome bonuses. For more information, feel free to check out the list of wire transfer casinos above, compare their bonus conditions and get ready to play.

SEPA Bank Transfers

SEPA is short for “Single Euro Payments Area” and is the name of cross-border Euro bank transfers as regulated by the EU. The goal with SEPA is to make cross-border Euro transfers within the EU equivalent to domestic transfers within a single country.

The countries that use SEPA are the Eurozone (countries within the EU that have the Euro currency) and a few other countries which also support Euro bank transfers.

SEPA cross-border transfers are supposed to be charged like domestic transactions, and there should be no fees for accepting money. In general a SEPA transfer should not take more than 1-2 bank days.

ACH Transfers

An ACH transfer moves money between banks through the Automated Clearing House network – one of the biggest U.S. payment systems. ACH transfers are typically cheaper than wire transfers, but can take several bank days as they are processed by a network operator in batches just three times per day.

Many third-party payment providers use the ACH network, probably due to the low fees, and the slow processing time is now being addressed with efforts to make same day delivery possible.

Advantages

Bank transfers are certainly one of the most popular deposit and withdrawal payment method on online casino. Looking at the list of its advantages, it becomes easier to understand why:

  • Simplicity: e-wallet services usually require the creation of a new profile, a personal information form, a confirmation email and many other administrative steps… If you already have a bank account, then no need to worry, you are all set to start playing on your favorite wire transfer casino!
  • Safety: because wire transfers are overseen by renown financial institutions, they are a very safe way to transfer funds in and out of a casino.
  • Privacy: wire transfers do not require sharing any personal information with an online casino and is therefore a great way to keep your privacy as an online player.
  • Availability: one of the most important advantages of wire transfers is certainly that they are available as a deposit and withdrawal method on most online casinos.

Disadvantages

However, even if wire transfers present a lot of advantages, they also have some downfalls that are important to consider:

  • Waiting times: Wire transfers are one of the payment methods that require the longest waiting times (along with credit cards transactions). Withdrawing your winnings with a wire transfer could take between three and seven working days, whereas withdrawals carried out with e-wallets are quasi instant.
  • Banking fees: As wire transfers are overseen by banks, they usually involve significant processing fees. Feel free to get in touch with your bank to learn more about this process.
  • Banking details: Yes, wire transfers are more anonymous than e-wallets because they do not require any name or email address. However, sharing your banking information could also come with some risks such as online fraud.

To avoid scams, make sure to check out our casino reviews.

Fees

OnlineBank transfer online casino slots

Online casinos usually do not charge any fee on wire transfer deposits and withdrawal. To be sure, it is heavily recommended to read a given online casino’s terms and conditions.

However, many banks charge fees for sending and receiving funds through wire transfers. As the amount and structure of the fees largely depend on your bank’s and the casino’s geographical location, it is impossible to come up with a definitive answer in a single article. Reaching your bank’s customer service is the best way to clear any doubt you may still have.

Currencies and Availability

In contrast with e-wallets, bank transfers are not limited by a given sets of currencies or countries. Because banks work closely with one another, they can easily convert any currency into any other. However, this process sometimes involves marginal conversion fees. The only limits to the availability of wire transfers depend on casinos themselves that might have certain country limitations.

Creating a Bank Account

Wire transfers only require a functioning bank account in an active bank. Bank accounts can be created in a few days (depending on the bank and country) by reaching out to a financial institution. Every bank has its own way of doing things, but usually, you will have an appointment with an adviser to find the best banking solution for your situation. You may also be able to apply online. Opening a bank account is not usually a quick process however.

Funding Account

To carry out a wire transfer, you must have a funded bank account. Money can be deposited in a bank account in the form of cash, or with a wire transfer from another account.

Casino

Depositing

Depositing funds with a wire transfer is a very simple process.

  1. Login to your account at your favorite online casino
  2. Go to the deposit tab
  3. Select wire or bank transfer as a payment method
  4. Determine the amount you would like to deposit
  5. Follow the instructions given by the payment terminal (that will ask you for your banking details)
  6. After a given waiting time, you will be able to start playing!

Withdrawing

Just as depositing, you will be able to withdraw your winnings with a wire transfer in a few steps:

  1. Login to your account at your favorite online casino
  2. Go to the withdrawal section
  3. Select wire or bank transfer as a payment method
  4. Determine the amount you would like to deposit
  5. Follow the instructions given by the payment terminal (that will ask you for your banking details)
  6. After a given waiting time, your earnings will be visible on your account balance

Security

What is important to keep in mind with wire transfers is that they are overseen by banks, institutions that have been taking care of people’s money for hundreds of years. Wire transfers are, therefore, one of the safest payment methods around. However, there are a few important details to keep in mind.
By making a wire transfer deposit, your transaction will be anonymous, yet, you will have to share your banking details with an online casino. This type of personal data could prove to be rather sensitive. Therefore, before making a wire transfer, it is heavily recommended to make sure that the casino you deposit money on is trustworthy.

Support

If you ever need any support in the process of depositing, withdrawing or searching for more information, feel free to reach out to your bank through your favorite medium, be it phone, emails and live chats. The quality of the support you will receive will ultimately depend on the bank you have chosen.

VIP Program

Each bank will have its own way to reward its users for their loyalty. However, most of the time, banks do not attribute loyalty points for wire transfers. This is certainly not the case with credit card transactions.

Bank Transfer Online Casino No Deposit

FAQ

Which online casinos accept Bank Transfer?

Online Bank Transfer Casinos

Use the list of Bank Transfer casinos to see all online casinos that accept Bank Transfer payments.