Unlike various other payment methods, Bank Wire is accepted by the vast majority of online casinos. This means that the discerning, Bank Wire loving player will find a plethora of Bank Wire Online Casinos at his or her disposal when it comes to choosing his iGaming home. Moreover, in our ongoing quest to make sure that our players get the best and nothing but the best, our dedicated team of CasinoTop10 experienced players-turned-casino experts have done all the dirty work. So, you don’t have to and put only the best casinos on our site for you to peruse and choose once you’ve gone through our Bank Wire Online Casinos Review. So why not take a gander at all the sites in our ‘Supported Bank Wire Online Casinos’ list above and get back to us with your choice. We can guarantee you won’t be disappointed!
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What is a Casino Bank Wire Transfer?
A bank wire transfer (sometimes referred to as a credit transfer) is a way by which to transfer funds from one entity to another – or from a player to a casino and vice versa. Wire transfers may be executed through your local bank or a specialized cash office and offer online casino users one of the simplest methods by which to bank, which is what makes them so popular and appealing to players everywhere interested in online casino games. It is important for users to note that while wire transfers may be among the safest and easiest option in terms of transferring funds, these come with bank charges and/or fees attached (albeit relatively reasonable ones). These fees vary according to your chosen bank or cash office and it is very important that you always go through the relevant terms and conditions with a fine-tooth comb – our Bank Wire Online Casinos Review will help guide you.
Why Use An Online Casino Bank Wire Transfer?
- Large amounts of money can be transferred making it an excellent option for high rollers;
- Many casinos on the web offer better incentives and casino bonuses to players who use this payment option;
- Is one of the safest methods you can use at an online casino.
How To Deposit Using Online Casino Bank Wire
- Sign up. In order to use Bank Wire to send your funds to an online casino, you have to sign up with one first. Check out our toplist of ranked and reviewed casinos above.
- Gather your information. Once registered, you’ll need the casino’s IBAN, BIC or SWIFT code, the casino’s bank address along with the address of the casino itself. More importantly, your own banking details are needed to complete the transfer.
- Order a Bank Wire Transfer. Normally, people who tend to use Bank Wire Transfer will opt to go to the bank to fill out forms. However, with the internet at our fingertips, doing it all online is the more convenient option. Always be sure to ask about the fees involved prior to requesting a bank transfer – they can range from $10-$50.
- Wait for the money to be available in your account. After submitting, you’ll have to wait for your bank to approve the transfer. This may take a few hours, however, it can also take days due to differing transnational processing protocols at banks. Our CT10 experts would recommend performing the transaction early on during the week, rather than later, so you can play your favorite casino game for real money!
How To Withdraw Using Online Casino Bank Wire
- Log In. In order to make a withdrawal from an online casino, the first thing you’ll have to do is log into your online casino account and visit the cashier. Select ‘Bank Wire Withdrawal’, then enter your name, bank address, home address as well as your IBAN and SWIFT code.
- Decide withdrawal amount. Next, simply decide how much money you’d like to withdraw from your Bank Wire Casino account and simply enter it in the form. Always remember that you’ll need to meet the online casino’s wagering requirements before you’re allowed to make a withdrawal. So always be sure to read up on the online casino’s terms and conditions before you actually sign up.
- Click Withdraw. Next, all you need to do is click on the ‘Withdraw’ button. Withdrawals from Bank Wire Online Casinos will typically take 5 to 7 business days. However, this depends on the casino and the bank you’re using to make a withdrawal.
Bank Wire Safety & Security
Bank Wire is extremely secure due to the fact that no third party is involved; transactions take place between the casino and your bank of choice. Besides, banks use top-notch security and encryption technologies. The underlying beauty of Bank Wire Online Casinos is ultimately the fact that the transfer of funds remains exclusively between two bank accounts meaning that the vitally important privacy of the senders and receivers remains protected. Due to the fact that SWIFT number codes are provided in order for each party to receive payments, more privacy and security are added to this form of money transfer than almost any other out there.
Real Money Transfer Times
When comparing Bank Wire to other banking methods popular with online casinos, transfer time may be a bit of an issue for both logistical as well as practical reasons. Transactions by wire transfer may take a little longer to process but just how long does ultimately lie in the hands of the intermediary bank itself and the chosen casino. The reality is that however reliable and top-notch your bank is, players should allow for a transfer time of anything between three and seven working days. Having said this, it is worth noting that wire transferring is almost always quicker than traditional bank-to-bank fund transferring; this is due to the way in which banks communicate with one another when processing Bank Wire transactions and for want of a better word, good, old-fashioned bureaucracy tends to act as a bit of a stumbling block to getting things done faster.
Advantages and Disadvantages of Using Bankwire at Online Casinos
Advantages of Using Bank Wire at Online Casinos
- Most casinos accept Bank Wire.
- Bank Wire is both safe and secure.
- No third parties involved.
- Large amounts of money can be transferred.
Disadvantages of Using Bank Wire at Online Casinos
- It is expensive.
- Transfer time takes longer than e-wallets and cards.
- Cannot always be done from home.
- Cannot be processed in batches.
Customer Support When Using Bank Wire
Gaining customer assistance is certainly no problem when it comes to wire real money transfers. Ultimately, because this is a method of payment which is conducted through your local bank, any assistance which you may or may not require is attained by contacting a representative at your local bank. The same may be said of Bank Wire transactions conducted through a cash office; if you need any help, all you have to do is physically ask! Don’t forget to read our Bank Wire Online Casinos Review before you get started though!
Bank Wire Casinos FAQs
Am I eligible for a casino bonus when using Bank Wire?
Yes, when playing at any of the Bank Wire Online Casinos in our list, you’re definitely eligible for an online casino bonus. Although you can get a great bonus from the site itself, the bonuses at CasinoTop10 provide you with that bit extra!
Is Bank Wire Safe?
Yes, Bank Wire is amongst the safest payment options to use because it’s only done using the bank.
Are the fees associated with Bank Wire?
Yes, you’ll have to pay some sort of fee when using Bank Wire. Fees associated with outgoing transfers tend to be larger than those associated with incoming ones. Fees also depend on where you live.
Are there any good alternatives to Bank Wire?
If you’re unable to use Bank Wire or the waiting time has put you off using the system, there are other alternatives we’re happy to recommend. Provided that you’re looking for an offline alternative, you might just want to try transferring your bankroll via Western Union at one of the Western Union Casinos on this page. In regards to credit cards, you have plenty to choose from. Some of the well-reputed credit cards in the business include Visa, Mastercard and American Express. On the other hand, if you’d rather use an e-wallet for the extra layer of security we highly urge you to use PayPal, Neteller or Skrill to transfer your funds instead.
Bank Wire is Best!
Unless transfer times are a major issue for you, we do suggest that you give due consideration to Bank Wire Online Casinos as your foolproof payment method of choice. Apart from the fact that Bank Wire Online Casinos are as safe as they come, one cannot ignore the fact that there are a vast array of online casinos which offer the Bank Wire method as a banking option because of its global popularity and reach, meaning that players using this method have an endless range of online establishments to choose from. Furthermore (and maybe most importantly), high-rollers will find Bank Wire Online Casinos particularly suited to their needs because of the large sums of funds which they are able to transfer through this method and the relatively low transfer fees involved when using Bank Wire Transfers for large transfers. So give Bank Wire Transfers a try; it’s a safe, highly accessible option which has remained as popular as any.
