Best Bank Wire Transfer Online Casinos 2024

By Puneet Yadav 28.01.2023, updated 16.11.2024

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Players may opt for bank wire transfer casinos to make real money transfers from bank accounts to online casinos and vice versa. It’s convenient when you don’t want to create additional e-wallets or get into other options like cryptocurrency. Moreover, the method is suitable not only for deposits but also for withdrawals. However, you should first learn more about the disadvantages of the method, such as potential fees and the longest withdrawal time compared to other options. All these aspects are covered on this page, including the ranking of bank wire transfer online casinos that have fair T&Cs and the best services.

General information about bank wire transfer

When you have money in your bank account, you can use it not only for everyday purchases but also for online transfers, including the ones on online gambling websites. Bank wire transfer casinos are very popular, so nearly every site will let you make such a payment. To use this method, you find an online casino which takes wire transfers and send the money from your bank account to the specified payment details for depositing.

To make a withdrawal, you add the details of your bank account, including IBAN and the receiver’s full name. Since such transfers require additional checks on the bank’s side, the payments are much longer than those made with bank cards, not to mention e-wallets and cryptocurrencies, which are much faster.

Bank wire transfer market coverage

The method is global since all countries have at least one large bank where local citizens can have an account. Depending on your country and preferences, you may have accounts in different banks, such as the following:

• Royal Bank of Canada (RBC) for Canadians
• JPMorgan Chase for US customers
• Commonwealth Bank of Australia (CBA) for Aussies
• ANZ for Kiwis
• Deutsche Bank for users in Germany

Moreover, you can be a customer of several banks in your country. In this case, you can use all of these accounts for real money transfers in real money bank wire transfer casinos. Still, they should all be registered to your name specified in your casino during registration. In some cases, you may be required to pass through additional verification before requesting a withdrawal.

Thus, the currency of your transfer will depend on the main currency of your bank account, and it’s reasonable to open an online casino account in the same currency once it’s available. Most often, you will have an opportunity to get an account in the best bank wire transfer casinos in EUR, USD, AUD, CAD, NZD, or other currencies.

How to deposit to online casinos with bank wire transfer

We should note that bank wires aren’t always offered as a deposit option, so players can often use them for withdrawals only. If top bank wire transfer casinos accept the method for depositing, you can follow the simple guide, which may vary slightly depending on your online casino’s interface:

1. Sign up for an online casino you like and head to the cashdesk section.
2. When bank transfer is among the accepted payment options, click on it.
3. You’ll see banking details which should be copied and used for a real money transfer from your bank.
4. In most cases, you can make this transfer through mobile banking, and sometimes, customers can visit a bank office to send the money to the specified details.
5. Such a deposit won’t be quick since the bank needs time to process the transfer. On average, you would have to wait up to one business day to get the money and start playing.

In some cases, the online casino’s banking details aren’t specified in the cashdesk section, so you’ll have to contact customer support to get these details. If online casinos accepting bank transfers don’t offer this method for depositing, you can use any alternative option to top up your account, and when it’s time to make a withdrawal, you can opt for transferring money through this method.

How to withdraw from online casinos with bank transfer

Cashouts at online casinos with bank wire transfer are usually more common and have a simple procedure for nearly all online gambling sites. Mainly, the option will be available for customers with a verified profile and enough funds to meet pretty tough minimum withdrawal limits and the deposit turnover. You can take a look at these steps to understand how to request such a withdrawal:

1. Examine the online casino’s T&Cs to meet its deposit turnover (usually, 1x to 3x) and the minimum withdrawal limit for bank transfers (pretty often, it’s at least $500)
2. Visit the payment section of your account and choose bank transfer
3. Specify the amount you want to withdraw and add all the required banking details, including your IBAN
4. Please note that you may wait for up to seven business days to get the money, and if any fees take place, you will be informed about them before the transfer is confirmed

Bank wire transfer transaction times and fees

Players should consider that wire transfers are the slowest way to cash out real money from online casinos. On average, bank wire transfers casinos online specify the processing time of three to seven business days, which means that the transfer isn’t processed during weekends. You should also add the processing time on the online casino’s side to this time, so the total period may be up to ten business days.

The limits are usually designed for large payments rather than small transactions. Pretty often, the minimum withdrawal time at online casinos that accept bank transfers is $500, and there can be fees that will be specified in T&Cs and in the cash desk when you request a withdrawal. Often, you can come across a section in the online casino’s T&Cs specifying that the minimum fee for wire transfer cashouts sits at $16.

Bank wire transfer casinos pros and cons

Pros:

• The method is global since users may have bank accounts in different countries where they live.
• Such real money transfers are secure due to banks’ safety tools and checks.
• You don’t have to deal with additional services, install apps, or delve into details of using other methods.
• Nearly all online casinos offer a withdrawal option through bank transfer.

Cons:

• Not all online casinos accept wire transfers for depositing.
• Withdrawal processing time may take up to seven business days.
• Such payments are usually associated with fees.
• Payment limits are suitable for high rollers rather than newbies.

Convenience and safety of wire transfer casinos

While players enjoy bank transfers in online gambling for their security and wide availability in different countries, their weak points, like a really long processing time of up to seven business days and high processing fees, make the option less convenient. Please note that casinos with bank wire deposits are not very common since the method is used more often for withdrawals. We should add that some players find it quite inconvenient to add a wide range of banking details to make the transfer.

Conclusion

In most cases, you may have an account in at least one bank to make payments through your bank card or transfers. That’s why it’s convenient to use the option for online gambling; you don’t have to sign up for additional services or worry whether a certain payment method is secure. Withdrawals via wire transfers are extremely popular and safe. However, its weak sides, such as a long processing time, pretty tough limits, and potential fees, shouldn’t be overlooked. If you are aware of all these aspects and don’t find them restricting, bank wire transfer casinos will suit you.