Bank transfer
4.1/5Bank transfer as a payment method in an online casino
When using a bank transfer, there is no need to deal with other payment service providers (e-wallet or PayPal) or have a credit card.
However, the user must take into account that the transfer to the online casino will be processed by the bank on the next business day, and then credited to the online casino player’s account after another day.
The appearance of money in your player account rarely takes less than 48 hours. As a result, a bank transfer is absolutely not suitable for spontaneous online casino gaming. In this case, it is best to make a deposit at an online casino using other instant payment methods, such as Skrill or Neteller e-wallets.
Online casinos that accept bank transfers
- Pros
- High reliability and security level
- Possibility of funds withdrawal
- Availability in almost any online casino
- Transactions without intermediaries
- Cons
- Low speed of money transfer to the player’s account and withdrawal of funds
- Low speed of money transfer to the player’s account and withdrawal of funds
Pros of bank transfers
– Using a bank transfer for deposits, funds can also be withdrawn to a bank account.
– Bank transfers are safe: if you choose the classic form of payment, no one will be able to get hold of your data, since you do not enter them on the Internet. Even with an online transfer, nothing will happen, since you have to log in and confirm the transaction using TAN. In addition, all transactions are transmitted in encrypted form.
– To make a bank transfer, you will only need the credentials of your online bank. You do not need to register with Neteller or similar providers and transfer money to their account and pay additional fees.
– Bank transfer is accepted in almost all online casinos around the world.
Cons of bank transfers
– The biggest disadvantage of this payment method is the time it takes. You will have to wait a few days for the money to be credited to the online casino account. The same applies to withdrawals. Players also have to wait for several days.
– Commission – Some banks may charge a fee for individual transactions on which you could save money. Find out about these fees before initiating a bank transfer by contacting customer support.
How to top up your account on casino websites by bank transfer
When depositing money into an online casino using a bank transfer, users will require a little patience. This is usually the only payment method in which money does not appear on the player’s account instantly, and the waiting time is two to three business days.
To send funds to an online casino account with a bank transfer, the following actions are usually required:
- Register at an online casino from our list
- As soon as the registration is confirmed, for security reasons the casino will ask you to verify your identity. Now your player account can be topped up by bank transfer.
- Go to the “Cashier” section and select this method
- You will be redirected to the corresponding page where you will receive the casino account details.
The information includes:
- IBAN
- BIC code
- Name of the casino bank
- The purpose of the transfer is either the transaction code or your customer number.
- Before making a transfer, make sure that a minimum deposit is required, this information can be found in the casino’s terms and conditions.
- The translation itself works as usual. You either fill out a payment receipt at the bank, or use Internet banking.
After making a deposit, you usually have to wait two to three business days until the money appears on the account and it can be used for playing.
Deposit fee via bank transfer
The casino itself usually does not charge a deposit fee via bank transfer. The bank transfer fee depends on the terms of the player’s bank account. Many banks today offer accounts without commission, however, with certain banks, a commission may be charged for the transfer to the casino.
For more information about deposit fees at an online casino, players should read the terms and conditions of their bank or contact a consultant at their bank.As a rule, the larger the amount of your transfer, the more commission you will have to pay.
Withdrawal rate
Making a deposit via a regular bank transfer may take several business days. The situation is similar to a bank account – you should be ready for a long wait. A bank transfer that takes up to 10 working days is not uncommon here.
Despite this, due to the high security of bank transfers, this method is still offered to players by the best online casinos.
Special casino bonuses when using a bank transfer
Whether you will receive a deposit bonus when you top up your account by bank transfer depends entirely on the casino. The opportunity to qualify for the standard bonus offer is still provided in most cases. (Unlike payment methods such as Skrill and Neteller, which are often excluded from deposit bonuses).
However, not many casinos offer special deposit bonuses to players who use a bank transfer to deposit funds. We strongly recommend that you read the terms and conditions of any bonus or promotion before you use it.
Reliability of a bank transfer in an online casino
Bank transfer is considered one of the safest payment methods for transferring money to an online casino. However, for your safety, you should first of all make sure that the casino itself has a license. Our website offers detailed comparisons and reviews of casinos and helps you learn more about the weaknesses of a particular platform.
Banks located in Europe enter into an agreement on fast and secure transactions, so preferably a casino with a bank transfer should be located in Europe.
To ensure the security of online bank transfers, banks use the following measures:
- Multi-factor authentication: using a password, PIN, and TAN code to confirm transactions.
- Antivirus and malware protection
- Secure firewalls ensure that only authorized persons can log in
- Secure Socket Layer (SSL) encryption, which encrypts all your data, protecting it from fraudsters
- Each bank is registered and regulated by the financial services authority of its country
Customer support regarding bank transfer
If you decide to make transactions with the casino using a bank transfer and you have any questions or problems, you should always contact your bank’s customer support service directly. There, you will find the necessary contact details on your bank’s website, communication channels are usually phone, email or online chat.
Frequently Asked Questions
Some banks can charge additional fees. We strongly recommend checking this issue in your bank in advance. If an online casino charges a commission for this method, you will find this information directly in the “Cashier” section or in the casino’s terms and conditions.
Most online casinos offer the possibility of deposits and payments via bank transfer. In our list of casinos you will find all those casinos that offer bank transfers.
A bank transfer is undoubtedly one of the safest payment options in an online casino, since banks apply extremely strict security measures and protect their customers’ data.
When making a bank transfer in an online casino, the transfer time can be from two to four working days.